Much like its nearby areas, it is a lot less expensive compared to the entire country. Compared to the city of Tupelo, it's a lot less expensive.
Home prices
The median home price in Houston is $64,900. In comparison to other places in this area this is approximately $880 (1%) lower.It is about $152,600 (70%) lower in comparison to the rest of the nation, and compared to the city of Tupelo is roughly $80,500 (55%) lower.
Rents
Houston's median rent is $628 a month. Compared to its surrounding areas it is approximately $12 (1%) lower.It is approximately $434 (40%) lower in comparison to the entire country, and in comparison to the city of Tupelo it is approximately $162 (20%) lower.
Nearby places
Vardaman
Vardaman is about 8 miles west of Houston. Housing prices there are somewhat less expensive. The median home price in Vardaman is $59,400, which is $5,500 (9%) lower than Houston. Rents there are pretty similar. Vardaman's median monthly rent is $651, which comes out to $23 (3%) higher than Houston.
Woodland
Woodland is approximately 8 miles south of Houston. Its housing prices are a little less expensive. Woodland's median home cost is $55,000, which comes out to $9,900 (17%) lower than Houston. The rent there is a little more expensive. In Woodland the median rent is $708 a month, which comes out to $80 (11%) higher than Houston.
New Houlka
New Houlka is approximately 10 miles north from Houston. Its housing prices are a little more expensive. The price of the median home in New Houlka is $77,000, which comes out to $12,100 (15%) higher than Houston. Its rents are somewhat less expensive. The median monthly rent in New Houlka is $514, which works out to $114 (22%) lower than Houston.
Mantee
Mantee is approximately 13 miles south of Houston. The housing prices there are a bit more expensive. The value of the median home in Mantee is $82,300, which works out to $17,400 (21%) higher than Houston. The rent there is a bit more expensive. The median monthly rent in Mantee is $717, which is $89 (12%) higher than Houston.
Derma
Derma is roughly 14 miles west from Houston. Its housing prices are somewhat less expensive. The median home in Derma costs $55,200, which works out to $9,700 (17%) lower than Houston. Rent there is similar. In Derma the median monthly rent is $609, which comes out to $19 (3%) lower than Houston.