Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Rice area can be challenging. Home prices in Rice are now at a median cost of $1,064,626, higher than the Houston average of $247,468.
The average cost of rent is $1,797/mo in Rice, primarily driven by the current value of real estate in the Rice area. While nearly 43.97% of residents own their homes outright in Rice, 32.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in Rice is $15,153 per month. Households that rent pay about 11.86% of their income on rent here. Rice's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- Medical, Houston, TX: less expensive homes
- West University, Houston, TX: less expensive homes
- Montrose, Houston, TX: less expensive homes
- River Oaks, Houston, TX: less expensive homes
- Midtown, Houston, TX: less expensive homes
- Fourth Ward, Houston, TX: less expensive homes
- South Main, Houston, TX: less expensive homes
- Washington Avenue-Memorial Park, Houston, TX: less expensive homes
- Rice Military, Houston, TX: less expensive homes
- Willow Meadows-Willowbend Area, Houston, TX: less expensive homes
Neighborhoods with Similar Populations
- Chimney Lakes, Jacksonville, FL: less expensive homes
- Cascade Heights, Atlanta, GA: less expensive homes
- Central District, Seattle, WA: less expensive homes
- Alden Bridge, The Woodlands, TX: less expensive homes
- Brooklyn Heights, Brooklyn, NY: higher priced homes
- Chatham, Chicago, IL: less expensive homes
- Cherry Creek, Denver, CO: less expensive homes
- Bernal Heights, San Francisco, CA: higher priced homes
- Bellerose, Queens, NY: less expensive homes
- Bassickville Historic District, Bridgeport, CT: less expensive homes
All Local Stats
Home Services
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