Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Westminster area can be challenging. Home prices in Westminster are now at a median cost of $229,264, lower than the Texas average of $235,268.
The average cost of rent is $1,276/mo in Westminster, primarily driven by the current value of real estate in the Westminster area. While nearly 47.52% of residents own their homes outright in Westminster, 24.84% rent.
Housing affordability isn’t just about home prices, though. The average household income in Westminster is $5,517 per month. Households that rent pay about 23.13% of their income on rent here. Westminster's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
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