Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Sweden area can be challenging. Home prices in New Sweden are now at a median cost of $319,727, higher than the Texas average of $235,268.
The average cost of rent is $1,771/mo in New Sweden, primarily driven by the current value of real estate in the New Sweden area. While nearly 18.07% of residents own their homes outright in New Sweden, 16.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Sweden is $9,847 per month. Households that rent pay about 17.99% of their income on rent here. New Sweden's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
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