Cost of Living / Waller County Economic Development Partnership, Inc.

Waller County's Low Cost of Living Enhances Quality of Life

In Waller County, quality housing and affordable living come together. With a housing index significantly lower than major Texas cities like Dallas and Austin, Waller County offers competitive prices for quality developments. A typical home in Waller is 20% cheaper than the national average, and renting a two-bedroom unit is 8.4% cheaper than the national average. To live comfortably, a family needs an annual income of $65,880, and a single person needs roughly $44,000. Embrace a balanced lifestyle in Waller County, where affordability and quality meet.

Overall Cost of Living Ratings

$412,000

National Average Home Cost

$343,400

Waller County Average Home Cost

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The median home cost in Waller County is $343,400. Home appreciation the last 10 years has been 98.7%. Home Appreciation in Waller County is up 21.6%.

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The housing market in Waller, TX County is strong and growing. The US 1-year House Appreciation rate suggests that people are increasingly investing in homes in Waller County due to its strong and growing housing market.

Affordable Home Prices

Investing in a home in Waller County means securing a comfortable, fulfilling lifestyle at an affordable price. Our median home price is about 20% lower than the national average. If you are looking for more, there is plenty of acreage home sites available. Whether you're a first-time home buyer, looking to downsize, or seeking a sound investment, Waller County's housing market, and available acreage sites, offer a variety of options to design your specific quality of life experience.

Future affordable housing developments include Gated Rentals, slated to open in 2026-2027. WCEDP partner Gated Rentals develops and manages attractive, modular build-to-rent communities in high growth locations throughout suburban Houston, TX. They provide a quiet, clean, and calm environment for workers and their families featuring fair prices and flexible terms. Visit their website for more information.

Planned Residential Communities

There are around 50,000 lots in the planning and approval process as of the end of 2024. This means a variety of homes in a wide price range.

One of the newest developments is Beacon Hill, developed by WCEDP partner Long Lake Ltd. Located north of U.S. Highway 290 in Waller County, Beacon Hill is only 6 miles east of Hempstead and is one of the best new home communities northwest of Houston that features new builds by Long Lake.

The new neighborhood is a 270-acre development that features 867 lots with 30 acres of ponds, trails and recreational green space. Residents will enjoy easy access to a future commercial center featuring 300 acres of restaurants, retail and office space. The first master planned community in the Waller area, it is just down Hwy 290 from NW Houston/Cypress area. Nearby towns include Hempstead, Prairie View, Hockley, and Pine Island.

Priced from the mid-$200s to the low $500s, home buyers will discover a wide variety of new homes in this neighborhood from our distinct design series. Visit their website for more information.

Safe Communities

In addition, Waller, TX County has been experiencing a decrease in crime rates in recent years, with the violent crime rate being 19.9, which is lower than the national average of 22.7. This is a reassuring statistic for the residents of Waller, who can feel safer knowing that the county is making strides in reducing violent crime. The property crime rate in Waller, TX County is also lower than the national average, at 28.9 compared to 35.4. This means that there is less risk of theft and other property-related crimes for the community. However, it is important to note that there is still work to be done in terms of addressing crime in the county, as any crime is still a cause for concern. The local law enforcement and community members are continuously working together to ensure the safety and well-being of all residents in Waller, TX County.