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These days, finding an affordable place to live in the Tyler area can be challenging. Home prices in Tyler are now at a median cost of $239,292, lower than the Texas average of $322,096.
The average cost of rent is $1,249/mo in Tyler, primarily driven by the current value of real estate in the Tyler area. In Tyler, 38.45% of households rent, and 49.62% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tyler is $6,346 per month. Households that rent pay about 19.68% of their income on rent here. Tyler’s most expensive areas are in the southwestern 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
- New Chapel Hill, TX: equally priced homes
- Whitehouse, TX: higher priced homes
- Noonday, TX: higher priced homes
- Flint, TX: higher priced homes
- Wood Springs, TX: less expensive homes
- Chandler, TX: less expensive homes
- Winona, TX: less expensive homes
- Redland, TX: higher priced homes
- Arp, TX: less expensive homes
- Hideaway, TX: higher priced homes
Cities with Similar Populations
- Wichita Falls, TX: less expensive homes
- White Plains, NY: higher priced homes
- White River, SD: less expensive homes
- White Sulphur, GA: higher priced homes
- White Swan, WA: less expensive homes
- Whitehouse, KY: less expensive homes
- Whites Gap, AL: less expensive homes
- Whiting, VT: higher priced homes
- Whitley Gardens, CA: higher priced homes
- Whitmore Village, HI: higher priced homes
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