Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the University Park area can be challenging. Home prices in University Park are now at a median cost of $1,343,222, higher than the Texas average of $235,268.
The average cost of rent is $2,546/mo in University Park, primarily driven by the current value of real estate in the University Park area. While nearly 37.84% of residents own their homes outright in University Park, 22.27% rent.
Housing affordability isn’t just about home prices, though. The average household income in University Park is $15,525 per month. Households that rent pay about 16.40% of their income on rent here. University Park's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Highland Park, TX: higher priced homes
- Dallas, TX: less expensive homes
- Farmers Branch, TX: less expensive homes
- Addison, TX: less expensive homes
- Richardson, TX: less expensive homes
- Cockrell Hill, TX: less expensive homes
- Garland, TX: less expensive homes
- Irving, TX: less expensive homes
- Carrollton, TX: less expensive homes
- Mesquite, TX: less expensive homes
Cities with Similar Populations
- New Milford, CT: less expensive homes
- Mequon, WI: less expensive homes
- Mercer Island, WA: equally priced homes
- Milford Mill, MD: less expensive homes
- Mill Creek East, WA: less expensive homes
- Mira Loma, CA: less expensive homes
- Mont Belvieu, TX: less expensive homes
- Montrose Heights, VA: less expensive homes
- Morrow, GA: less expensive homes
- Morton Grove, IL: less expensive homes
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