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Affordable
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These days, finding an affordable place to live in the New Waverly area can be challenging. Home prices in New Waverly are now at a median cost of $222,791, lower than the Texas average of $322,096.
The average cost of rent is $1,214/mo in New Waverly, primarily driven by the current value of real estate in the New Waverly area. In New Waverly, 21.15% of households rent, and 51.07% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in New Waverly is $5,961 per month. Households that rent pay about 20.36% of their income on rent here. New Waverly’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Maynard, TX: equally priced homes
- Willis, TX: higher priced homes
- Oakhurst, TX: less expensive homes
- Willow Springs, TX: higher priced homes
- Honea, TX: higher priced homes
- Stephen Creek, TX: less expensive homes
- Coldspring, TX: equally priced homes
- San Jacinto, TX: equally priced homes
- Richards, TX: higher priced homes
- Shiro, TX: higher priced homes
Cities with Similar Populations
- Black Diamond, WA: higher priced homes
- Ben Lomond, CA: higher priced homes
- Bennett, CO: higher priced homes
- Bensley, VA: equally priced homes
- Tavernier, FL: higher priced homes
- Taylor, PA: less expensive homes
- Bethel Heights, AR: higher priced homes
- Williamstown, KY: equally priced homes
- Big Bear Lake, CA: higher priced homes
- Terra Bella, CA: higher priced homes
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