Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Westlake area can be challenging. Home prices in Westlake are now at a median cost of $674,209, higher than the Texas average of $235,268.
The average cost of rent is $1,651/mo in Westlake, primarily driven by the current value of real estate in the Westlake area. While nearly 29.30% of residents own their homes outright in Westlake, 5.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Westlake is $14,450 per month. Households that rent pay about 11.43% of their income on rent here. Westlake's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Trophy Club, TX: less expensive homes
- Roanoke, TX: less expensive homes
- Southlake, TX: higher priced homes
- Keller, TX: less expensive homes
- Colleyville, TX: less expensive homes
- Northlake, TX: less expensive homes
- Grapevine, TX: less expensive homes
- Double Oak, TX: less expensive homes
- Flower Mound, TX: less expensive homes
- Watauga, TX: less expensive homes
Cities with Similar Populations
- Bancroft, MI: less expensive homes
- Yoncalla, OR: less expensive homes
- Croom, MD: less expensive homes
- Conway, NC: less expensive homes
- Clinton, MT: less expensive homes
- Cibecue, AZ: less expensive homes
- Chrisman, IL: less expensive homes
- Bigelow, AR: less expensive homes
- Bennington, NH: less expensive homes
- Beach Haven, NJ: higher priced homes
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