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These days, finding an affordable place to live in the Lake Medina Shores area can be challenging. Home prices in Lake Medina Shores are now at a median cost of $258,035, lower than the Texas average of $322,096.
The average cost of rent is $1,590/mo in Lake Medina Shores, primarily driven by the current value of real estate in the Lake Medina Shores area. In Lake Medina Shores, 30.93% of households rent, and 64.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lake Medina Shores is $5,709 per month. Households that rent pay about 27.85% of their income on rent here. Lake Medina Shores’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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- Valier, MT: less expensive homes
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