Texas is one of America’s top places to live. The Lone Star State has a lot to offer, from tons of fantastic outdoor recreation spots to a range of career opportunities. At the same time, Texas is one of the most expensive places to live in, and finding a neighborhood that suits your budget and desired amenities can be challenging.
However, there are a few exceptions. In this article, Maxwell Drever of drever capital management will discuss the five most affordable housing markets you should consider when finding a home in Texas.
5 Most Affordable Housing Markets in Texas
Here’s a list of the five most affordable housing markets in Texas:
This is one of the cheapest places to live in Texas, featuring a range of affordable housing units. All this contributes to making it ideal for everyone, from singles to retirees. Since this place is located along the border of Mexico, it contributes significantly to economic growth through international trading and the citrus industry.
Brownsville has numerous tourist attractions and is home to 182,110 Texans. The average home purchase price in this housing market is $83,800, with the average monthly rent hitting $644.
If you’re looking for decent, low-priced homes, Harlingen will be ideal. This housing market is just a thirty-minute drive away from Brownsville, featuring a range of houses with all the amenities of a big city. Harlingen is also well-known for its career opportunities and outdoor recreation.
Harlingen has a population of nearly sixty-five thousand. The median monthly rent is $696, and the average home purchase price is $81,900, making it a top choice among many Americans.
This affordable housing market is considered one of the best places for retirees to buy a home. McAllen is well-known for providing a high quality of life with a low cost of living. This housing market features homes that are thirty-two percent lower than the national average.
McAllen is home to nearly 140,000 Texans. Moreover, the median home cost in this market is $117,500, with the average monthly rent touching $739.
4. El Paso
Located along the border of Mexico, El Paso is one of the most budget-friendly housing markets in the Lone Star State. This place features scenic art, world-class restaurants, top-notch shops, and numerous outdoor activities.
El Paso is more populated than other places on our list, with nearly 670,000 Texans residing here. With an average home cost of $119,300 and a median monthly rent of $769, El Paso is one of Texas’ most affordable places to settle.
Temple is well-known for its top-notch restaurants, family-friendly community, and range of budget-friendly home options. This housing market is within two hours of Dallas and an hour of Austin.
Temple is home to $71,138 Texans. The average home purchase price is $126,100, with the average monthly rent hitting $821, making it ideal for those wanting affordable housing units in Texas.
Texas is home to some of America’s huge yet affordable housing markets, from Brownsville to Temple. In addition to that, the Lone Star State features top-notch outdoor activities, hundreds of employment opportunities, top-class amenities, and so on.
Most Affordable Housing Projects in Atlanta
Whether it’s picturesque recreation spots or a healthy job market that features companies like Coca-Cola, Atlanta has a lot to offer. Moreover, this beautiful city is home to some world-class restaurants. All this contributes to making it one of America’s best places to live in.
If you’re searching for safe, affordable neighborhoods in Atlanta, you’ve come to the right place. In this article, Maxwell Drever of drever capital management will discuss Atlanta’s five most affordable housing projects.
5 Most Affordable Housing Projects in Atlanta
The following are the five most affordable housing projects in Atlanta:
This project is located in Atlanta Intown and is a top choice among young professionals. Midtown also features a top-notch bussing network, including the Red Lines and MARTA Gold. This makes it ideal for those who want to work, live, and enjoy the outdoors – all in one city.
Midtown is second to none when it comes to nightlife, featuring some top-drawer festivals, such as Music Midtown, Atlanta Pride, and so on. Midtown’s median home purchase price is $322,058, with the median monthly rent hitting $1,296.
Despite being incredibly affordable, this neighborhood ranks among Atlanta’s best places to live. This housing project gets its name from its two main streets, namely Highland Ave and Ponce de Leon Ave. This housing project features a range of housing options, including modern homes, bungalows, single-family homes, etc.
With an average home cost of $300,339, the median monthly rent of $1,215, and a significantly low crime rate, Poncey-Highland is one of the best places to settle.
3. Candler Park
If you’re looking for a neighborhood with Victorian-style houses, elegant bungalows, and easy access to the Green Lines, look no further than Candler Park. This housing project is well-known for its events for residents, including movie nights and Fall Fest.
Candler City also attracts a myriad of Atlanta residents each year through its Candler Park Music & Food Festival. The median home purchase price is $475,706, and the median monthly rent is $1,048. And the best part is that Candler City is nearly ninety-five percent safer than other housing projects in the city.
4. North Buckhead
Located just outside Atlanta Intown, this housing project is home to spacious, luxurious houses and high-profile schools like Sarah Smith Elementary School. North Buckhead also features some urban amenities and access to the Red Lines, making it a perfect place for those wanting quieter, more upscale living.
The average home cost in North Buckhead is $549,909, with the average monthly rent hitting $1,073. In addition, this neighborhood is ninety-two percent safer than other Atlanta housing projects with a low crime rate.
5. Lake Claire
If security and affordability are your top priority when it comes to buying a home, Maxwell Drever of drever capital management suggests that you consider Lake Claire. This family-friendly neighborhood is full of peaceful vibes, featuring beautiful urban parks like Old Fourth Ward and Inman Park.
With an average monthly rent of $1,473, an average home cost of $488,797, and virtually zero percent crime rates, Lake Claire is one of Atlanta’s best places to live in.
The Final Verdict
It’s no secret that many Americans are moving to Atlanta for various reasons. This city has impressive tourist spots, top-notch restaurants, and a range of career opportunities. Besides that, Atlanta is home to some fantastic yet affordable housing projects, from Lake Claire to Midtown.