If you are looking for affordable housing for you and your family, you need to look at the best neighborhoods that offer single-family homes or apartments at a fair price! Browse online or look in person at some of these neighborhoods to find the perfect fit for you.
Affordable neighborhoods when looking at Austin real estate!
If you are a first-time home buyer and you do not want to spend a fortune on your first home, we do not blame you. Typically, spending a lot of money on a house is commonplace – but if you have other bills, expenses, kids, cars, and extra matters to worry about financially, finding a budget home is the best decision for your financial state.
And keep in mind – just because you are searching for an affordable house, it doesn’t mean that you have to skimp on quality! There are plenty of affordable houses shining at Austin real estate for you, you and your partner, or you and your family. Plus, we don’t blame you if you want to save money – after all, the average housing price in Austin in 2021 is up nearly $200,00 from the previous year. Contact Bramlett Residential and let us help you find your dream home.
St. Elmo – South Austin
One of the best neighborhoods when looking at Austin real estate for lower priced homes that is ideal for first-time homebuyers is St. Elmo. Located in South Austin, this neighborhood is a moderately priced neighborhood that features homes between the $350,000 and $500,000 price range. For those who are looking for her first big purchase, you can typically find an ideal house here. Although the neighborhood is up and coming and in industrial areas, it is much less costly than other areas that have more cultural attractions than the local vicinity.
Wooten or Quail Creek – North Austin
The second neighborhood to consider when browsing Austin real estate is Wooten or Quail Creek in North Austin. Located around Anderson Lane and Kramer Lane, these ngihrbohods are new and idyllic for those who want an inexpensive home that is modern and brand new. With new builds between approximately $420,000 and $600,000, these moderately priced homes are a good idea for those who have a small family.
Rattan Creek – North Austin
Rattan Creek in North Austin is close to Domain, a cultural attraction in Austin, but is far enough away to avoid the hefty prices of the downtown area. For families with small children, this neighborhood is the perfect spot, since it contains parks, green spaces, safe neighborhoods, and a good school system nearby. For people who want to do outdoor activities and not skimp on amenities with a “cheaper” house, look at this area of Austin real estate to find homes between $300,000 and $500,000.
East MLK – East Austin
If you enjoy being in East Austin instead of the South or North areas, check out East MLK. This neighborhood features numerous single family homes, condos, townhouses, apartments, and single-story cottages that are quintessential Austin and perfect for small families. Not to mention, this neighborhood is near to many outdoor restaurants and eateries, such as local cafes, restaurants, bars, and much more.
Manor – East Austin
A little bit farther East – much farther than the previous East MLK – is Manor, an affordable neighborhood that takes advantage of the farther-away geographical location. Since it is quite far from downtown Austin, this piece of Austin real estate is very inexpensive when compared to more centralized locations. However, if you do not care about going downtown very often, you can find an affordable home here for between $200,000 and $300,000 on average.
Parten Ranch – Southwest Austin
The last neighborhood to consider if you are looking for the best Austin real estate for affordable homes is Parten Ranch, a Southwest Austin neighborhood that is a master-planned community filled with $400,000-$700,000 homes. Offering a lot for young families who want a safe neighborhood, room to run around outside, and nearby amenities, this neighborhood can be good for those expecting or those with young kids.
Cedar Park
For a cute and quaint neighborhood with single-family homes, consider looking at Affordable house in the area of Austin real estate called Cedar park. With a low crime rate that is safer than 67% of Texas cities, the homes here have an average monthly rent of just under $1,200 and a median home purchase price of just under $240,000. The ideal spot for families and retired couples, Cedar Park has a great independent school district, Balcones wildlife refuge, close proximity to Lake Travis, and natural beauty.
Conclusion
If you are struggling to find affordable housing for you and your family, consider looking at one of these aforementioned neighborhoods. By doing some research on Austin real estate, you can find the perfect spot for you and your family without breaking the bank!
