Home prices
The median home cost in Hempstead is $110,900. It is about $56,940 (33%) lower in comparison to its nearby areas.In comparison to the rest of the country it is roughly $106,600 (49%) lower, and is roughly $60,900 (35%) lower compared to the city of Houston.
Rents
Hempstead's median monthly rent is $875. It is roughly $19 (2%) lower in comparison to its nearby areas.In comparison to the US as a whole it is about $187 (17%) lower, and it is about $166 (15%) lower in comparison to the city of Houston.
Nearby places
Pine Island
Pine Island is approximately 4 miles southeast from Hempstead. The housing prices there are substantially more expensive. The median home in Pine Island is valued at $187,500, which works out to $76,600 (40%) higher than Hempstead. The rent there is pretty similar. Pine Island's median monthly rent is $855, which is $20 (2%) lower than Hempstead.
Prairie View
Prairie View is roughly 4 miles east from Hempstead. Its real estate prices are significantly more expensive. The median home cost in Prairie View is $168,200, which works out to $57,300 (34%) higher than Hempstead. The rent there is a little more expensive. In Prairie View the median rent is $1,038 a month, which is $163 (15%) higher than Hempstead.
Waller
Waller is roughly 8 miles east from Hempstead. Its housing prices are a bit more expensive. The price of the median home in Waller is $124,400, which comes out to $13,500 (10%) higher than Hempstead. Its rents are a little more expensive. The median rent in Waller is $935 a month, which is $60 (6%) higher than Hempstead.
Bellville
Bellville is about 15 miles southwest of Hempstead. Its real estate prices are significantly more expensive. The median home in Bellville costs $195,300, which comes out to $84,400 (43%) higher than Hempstead. Rents there are somewhat less expensive. Bellville's median monthly rent is $779, which comes out to $96 (12%) lower than Hempstead.
Brenham
Brenham is approximately 17 miles west of Hempstead. The real estate prices there are significantly more expensive. The median home in Brenham is valued at $163,800, which is $52,900 (32%) higher than Hempstead. Rents there are pretty similar. The median monthly rent in Brenham is $865, which works out to $10 (1%) lower than Hempstead.
