
Home Price Key
These days, finding an affordable place to live in the Scotland area can be challenging. Home prices in Scotland are now at a median cost of $104,349, lower than the Texas average of $235,268.
The average cost of rent is $788/mo in Scotland, primarily driven by the current value of real estate in the Scotland area. While nearly 68.36% of residents own their homes outright in Scotland, 14.17% rent.
Housing affordability isn’t just about home prices, though. The average household income in Scotland is $4,837 per month. Households that rent pay about 16.30% of their income on rent here. Scotland's most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the city.
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