Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Princeton area can be challenging. Home prices in Princeton are now at a median cost of $215,978, lower than the Texas average of $235,268.
The average cost of rent is $1,438/mo in Princeton, primarily driven by the current value of real estate in the Princeton area. While nearly 33.34% of residents own their homes outright in Princeton, 22.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in Princeton is $6,564 per month. Households that rent pay about 21.91% of their income on rent here. Princeton's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Lowry Crossing, TX: higher priced homes
- New Hope, TX: higher priced homes
- Verona, TX: higher priced homes
- Fairview, TX: higher priced homes
- Lucas, TX: higher priced homes
- Lavon Beach Estates, TX: higher priced homes
- St. Paul, TX: higher priced homes
- Farmersville, TX: equally priced homes
- Copeville, TX: higher priced homes
- Melissa, TX: higher priced homes
Cities with Similar Populations
- Sheridan, WY: higher priced homes
- Harleysville, PA: higher priced homes
- Harrisburg, NC: higher priced homes
- Harrison, AR: less expensive homes
- Helena, AL: higher priced homes
- Riverside, OH: less expensive homes
- Ronkonkoma, NY: higher priced homes
- Saline, MI: higher priced homes
- Scotch Plains, NJ: higher priced homes
- Selden, NY: higher priced homes
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