Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mansfield area can be challenging. Home prices in Mansfield are now at a median cost of $294,904, higher than the Texas average of $235,268.
The average cost of rent is $1,699/mo in Mansfield, primarily driven by the current value of real estate in the Mansfield area. While nearly 29.66% of residents own their homes outright in Mansfield, 20.82% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mansfield is $9,033 per month. Households that rent pay about 18.81% of their income on rent here. Mansfield's most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
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- Alvarado, TX: less expensive homes
Cities with Similar Populations
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- North Hollywood, CA: higher priced homes
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- Oviedo, FL: higher priced homes
- North Charleston, SC: less expensive homes
- Oklahoma City, OK: less expensive homes
- Oakland, CA: higher priced homes
- Ogden, UT: higher priced homes
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