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These days, finding an affordable place to live in the Knickerbocker area can be challenging. Home prices in Knickerbocker are now at a median cost of $332,384, higher than the Texas average of $322,096.
The average cost of rent is $779/mo in Knickerbocker, primarily driven by the current value of real estate in the Knickerbocker area. In Knickerbocker, 1.63% of households rent, and 67.81% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Knickerbocker is $6,000 per month. Households that rent pay about 12.98% of their income on rent here. Knickerbocker’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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