Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the Martin Luther King area can be challenging. Home prices in Martin Luther King are now at a median cost of $538,190, higher than the Austin average of $520,918.
The average cost of rent is $1,837/mo in Martin Luther King, primarily driven by the current value of real estate in the Martin Luther King area. In Martin Luther King, 37.40% of households rent, and 31.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Martin Luther King is $9,779 per month. Households that rent pay about 18.79% of their income on rent here. Martin Luther King’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Pecan Springs Springdale, Austin, TX: less expensive homes
- Rosewood, Austin, TX: higher priced homes
- Rmma, Austin, TX: higher priced homes
- Govalle, Austin, TX: higher priced homes
- Upper Boggy Creek, Austin, TX: higher priced homes
- University Hills, Austin, TX: equally priced homes
- Windsor Park, Austin, TX: equally priced homes
- Central East Austin, Austin, TX: higher priced homes
- Holly, Austin, TX: higher priced homes
- Hancock, Austin, TX: higher priced homes
Neighborhoods with Similar Populations
- Springwells, Detroit, MI: less expensive homes
- Alamedan Valley, North Valley, NM: less expensive homes
- West Ward, Easton, PA: less expensive homes
- Arlington, Riverside, CA: equally priced homes
- Artesia Pilar, Santa Ana, CA: higher priced homes
- Ashburn Village, Ashburn, VA: higher priced homes
- Atwater Village, Los Angeles, CA: higher priced homes
- Ballard, Seattle, WA: higher priced homes
- River Road, Eugene, OR: less expensive homes
- Bowmanville, Chicago, IL: less expensive homes
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