Housing costs in West University Place?
A typical home costs
$1,282,500, which is 279.3% more expensive than the national average of
$338,100 and 330.9% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in West University Place costs
$1,970 per month, which is 53.9% more than the national average of
$1,280 and 34.0% more than the state average of
$1,300.
Can I afford West University Place?
To live comfortably in West University Place (zip 77005), Texas, a minimum annual income of
$245,880 for a family, and
$66,000 for a single person is recommended.
What does A.I. say about West University Place?
The cost of living in 77005 West University Place, TX is generally high due to its close proximity to Houston. The median home value in the area is around $689,200, and the median rent is approximately $1,900 per month. All other costs associated with living in 77005 are quite inline with the general cost of living in Houston. Groceries, healthcare, transportation, and entertainment all are relatively comparable to other Houston-area neighborhoods. Overall, while the cost of living in 77005 West University Place may be higher than some nearby areas, the benefits of living close to downtown Houston often make up for its higher costs.