Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the May area can be challenging. Home prices in May are now at a median cost of $156,322, lower than the Texas average of $322,096.
The average cost of rent is $1,179/mo in May, primarily driven by the current value of real estate in the May area. In May, 28.00% of households rent, and 69.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in May is $4,648 per month. Households that rent pay about 25.37% of their income on rent here. May’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Williams, TX: higher priced homes
- Byrds, TX: higher priced homes
- Lake Shore, TX: less expensive homes
- Lake Brownwood, TX: higher priced homes
- Chuckville, TX: higher priced homes
- Grosvenor, TX: less expensive homes
- Blanket, TX: higher priced homes
- Rising Star, TX: equally priced homes
- Sidney, TX: higher priced homes
- Sipe Springs, TX: higher priced homes
Cities with Similar Populations
- Senecaville, OH: higher priced homes
- Elm Creek, NE: higher priced homes
- Ferrisburg, VT: higher priced homes
- Folsom, NJ: higher priced homes
- Fort Loudon, PA: higher priced homes
- Gamerco, NM: less expensive homes
- Garfield, MN: higher priced homes
- Gates, TN: less expensive homes
- Genesee, ID: higher priced homes
- Grattan, MI: higher priced homes
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