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Affordable
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These days, finding an affordable place to live in the Little Elm area can be challenging. Home prices in Little Elm are now at a median cost of $420,717, higher than the Texas average of $322,096.
The average cost of rent is $2,401/mo in Little Elm, primarily driven by the current value of real estate in the Little Elm area. In Little Elm, 24.41% of households rent, and 21.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Little Elm is $11,059 per month. Households that rent pay about 21.71% of their income on rent here. Little Elm’s most expensive areas are in the northeastern 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
- Hackberry, TX: equally priced homes
- Lincoln Park, TX: higher priced homes
- Lakewood Village, TX: higher priced homes
- Oak Point, TX: higher priced homes
- Aubrey, TX: less expensive homes
- Cross Roads, TX: equally priced homes
- Frisco, TX: higher priced homes
- Mustang, TX: higher priced homes
- Shady Shores, TX: higher priced homes
- Prosper, TX: higher priced homes
Cities with Similar Populations
- Florence-Graham, CA: higher priced homes
- Midland, MI: less expensive homes
- San Clemente, CA: higher priced homes
- Tamiami, FL: higher priced homes
- Towson, MD: higher priced homes
- Albany, OR: equally priced homes
- West Bloomfield, MI: equally priced homes
- Toa Baja, PR: less expensive homes
- West Hartford, CT: equally priced homes
- Skokie, IL: less expensive homes
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