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These days, finding an affordable place to live in the Northlake area can be challenging. Home prices in Northlake are now at a median cost of $488,023, higher than the Texas average of $322,096.
The average cost of rent is $2,478/mo in Northlake, primarily driven by the current value of real estate in the Northlake area. In Northlake, 29.71% of households rent, and 17.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Northlake is $11,975 per month. Households that rent pay about 20.69% of their income on rent here. Northlake’s most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Corral City, TX: higher priced homes
- Justin, TX: less expensive homes
- Roanoke, TX: equally priced homes
- Trophy Club, TX: higher priced homes
- DISH, TX: equally priced homes
- Argyle, TX: higher priced homes
- Bartonville, TX: higher priced homes
- Westlake, TX: higher priced homes
- Double Oak, TX: higher priced homes
- Ponder, TX: less expensive homes
Cities with Similar Populations
- Montauk, NY: higher priced homes
- Moosic, PA: less expensive homes
- Moose Lake, MN: less expensive homes
- Mooringsport, LA: less expensive homes
- Moonachie, NJ: less expensive homes
- Moody, TX: less expensive homes
- Montverde, FL: higher priced homes
- Montrose, MN: less expensive homes
- Montrose-Ghent, OH: higher priced homes
- Montrose, CA: higher priced homes
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