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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 $129,835, lower than the Texas average of $235,268.
The average cost of rent is $677/mo in Lake Medina Shores, primarily driven by the current value of real estate in the Lake Medina Shores area. While nearly 57.02% of residents own their homes outright in Lake Medina Shores, 18.90% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lake Medina Shores is $3,809 per month. Households that rent pay about 17.77% of their income on rent here. Lake Medina Shores's most expensive areas are in the western regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Lakehills, TX: higher priced homes
- Pipe Creek, TX: higher priced homes
- Mico, TX: higher priced homes
- Bandera, TX: higher priced homes
- San Geronimo, TX: higher priced homes
- Tarpley, TX: higher priced homes
- Grey Forest, TX: higher priced homes
- Helotes, TX: higher priced homes
- Boerne, TX: higher priced homes
- Fair Oaks Ranch, TX: higher priced homes
Cities with Similar Populations
- Grey Eagle, MN: higher priced homes
- Valier, MT: higher priced homes
- Van Horne, IA: higher priced homes
- Wabeno, WI: higher priced homes
- Wacissa, FL: less expensive homes
- Wattensaw, AR: higher priced homes
- Waveland, IN: less expensive homes
- Jackson Center, PA: higher priced homes
- Intervale, NH: higher priced homes
- Hurricane, MO: equally priced homes
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