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These days, finding an affordable place to live in the Rancho Viejo area can be challenging. Home prices in Rancho Viejo are now at a median cost of $266,731, lower than the Texas average of $322,096.
The average cost of rent is $1,589/mo in Rancho Viejo, primarily driven by the current value of real estate in the Rancho Viejo area. In Rancho Viejo, 36.69% of households rent, and 54.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rancho Viejo is $7,465 per month. Households that rent pay about 21.29% of their income on rent here. Rancho Viejo’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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Cities with Similar Populations
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- Pleasant Valley, MO: less expensive homes
- Random Lake, WI: equally priced homes
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