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Affordable
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These days, finding an affordable place to live in the Knollwood area can be challenging. Home prices in Knollwood are now at a median cost of $233,700, lower than the Texas average of $322,096.
The average cost of rent is $1,448/mo in Knollwood, primarily driven by the current value of real estate in the Knollwood area. In Knollwood, 54.06% of households rent, and 41.46% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Knollwood is $6,039 per month. Households that rent pay about 23.98% of their income on rent here. Knollwood’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sherman, TX: equally priced homes
- Denison, TX: equally priced homes
- Sherman Junction, TX: higher priced homes
- Smith Oaks, TX: equally priced homes
- Pottsboro, TX: higher priced homes
- Southmayd, TX: less expensive homes
- Luella, TX: higher priced homes
- Penland, TX: higher priced homes
- Dorchester, TX: equally priced homes
- Locust, TX: higher priced homes
Cities with Similar Populations
- Spickard, MO: less expensive homes
- Hyattsville, KY: less expensive homes
- Indianola, NE: less expensive homes
- Institute, WI: higher priced homes
- Ira, VA: less expensive homes
- Jordan, SC: less expensive homes
- Seal Cove, ME: higher priced homes
- Silvertop, TN: equally priced homes
- Simpson, LA: less expensive homes
- Smoot, WY: higher priced homes
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