Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Melissa area can be challenging. Home prices in Melissa are now at a median cost of $333,306, higher than the Texas average of $235,268.
The average cost of rent is $1,774/mo in Melissa, primarily driven by the current value of real estate in the Melissa area. While nearly 18.23% of residents own their homes outright in Melissa, 12.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Melissa is $9,202 per month. Households that rent pay about 19.27% of their income on rent here. Melissa's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Anna, TX: less expensive homes
- Kelly, TX: higher priced homes
- New Hope, TX: less expensive homes
- Weston, TX: higher priced homes
- Westminster, TX: less expensive homes
- Verona, TX: less expensive homes
- Princeton, TX: less expensive homes
- Lowry Crossing, TX: less expensive homes
- Blue Ridge, TX: less expensive homes
- McKinney, TX: equally priced homes
Cities with Similar Populations
- Beachwood, OH: equally priced homes
- Alachua, FL: less expensive homes
- Alamo, CA: higher priced homes
- Baraboo, WI: less expensive homes
- Ballston Lake, NY: higher priced homes
- Azalea Park, FL: less expensive homes
- Northview, MI: less expensive homes
- North Chicago, IL: less expensive homes
- North Easton, MA: higher priced homes
- North Mankato, MN: less expensive homes
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