Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the The Colony area can be challenging. Home prices in The Colony are now at a median cost of $505,773, higher than the Texas average of $322,096.
The average cost of rent is $2,148/mo in The Colony, primarily driven by the current value of real estate in the The Colony area. In The Colony, 41.52% of households rent, and 34.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in The Colony is $11,340 per month. Households that rent pay about 18.95% of their income on rent here. The Colony’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hebron, TX: higher priced homes
- Hackberry, TX: less expensive homes
- Carrollton, TX: less expensive homes
- Lakewood Village, TX: equally priced homes
- Frisco, TX: higher priced homes
- Lewisville, TX: less expensive homes
- Little Elm, TX: less expensive homes
- Plano, TX: equally priced homes
- Lake Dallas, TX: less expensive homes
- Addison, TX: less expensive homes
Cities with Similar Populations
- Bethlehem, PA: less expensive homes
- Buena Park, CA: higher priced homes
- Boise, ID: equally priced homes
- Bradenton, FL: equally priced homes
- Brentwood, CA: higher priced homes
- Bowie, MD: equally priced homes
- Bolingbrook, IL: less expensive homes
- Boulder, CO: higher priced homes
- Binghamton, NY: less expensive homes
- Buckeye, AZ: less expensive homes
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