Housing costs in Lake Medina Shores?
A typical home costs
$146,000, which is 56.8% less expensive than the national average of
$338,100 and 50.9% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Lake Medina Shores costs
$1,110 per month, which is 22.4% cheaper than the national average of
$1,430 and 15.3% cheaper than the state average of
$1,280.
Can I afford Lake Medina Shores?
To live comfortably in Lake Medina Shores, Texas, a minimum annual income of
$28,080 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Lake Medina Shores?
The cost of living in Lake Medina Shores, TX is quite reasonable compared to other cities and towns across the country. The median home value in this area is approximately $145,000, which is much lower than many other places across the United States. Additionally, monthly rent rates are very affordable with a wide variety of rental properties available for those seeking housing. Groceries are also inexpensive due to several local grocery stores and markets that offer quality products at low prices. Utility costs remain competitive as well, making it easy for residents to keep their living expenses low while still enjoying the great amenities associated with Lake Medina Shores.