The Most Affordable Neighborhoods in Village Park, McKinney, TX by Home Value

 

Village Park, McKinney, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Village Park area can be challenging. Home prices in Village Park are now at a median cost of $540,862, higher than the McKinney average of $497,008.

The average cost of rent is $1,914/mo in Village Park, primarily driven by the current value of real estate in the Village Park area. In Village Park, 33.88% of households rent, and 11.28% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Village Park is $13,136 per month. Households that rent pay about 14.57% of their income on rent here. Village Park’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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