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These days, finding an affordable place to live in the Albion area can be challenging. Home prices in Albion are now at a median cost of $184,900, lower than the Texas average of $322,096.
The average cost of rent is $865/mo in Albion, primarily driven by the current value of real estate in the Albion area. In Albion, 14.24% of households rent, and 71.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Albion is $5,521 per month. Households that rent pay about 15.67% of their income on rent here. Albion’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Garvin, OK: less expensive homes
- Dimple, TX: equally priced homes
- Millerton, OK: less expensive homes
- Manchester, TX: equally priced homes
- Idabel, OK: less expensive homes
- Kiomatia, TX: equally priced homes
- Bagwell, TX: less expensive homes
- Shults, OK: less expensive homes
- Harris, OK: less expensive homes
- Kanawha, TX: higher priced homes
Cities with Similar Populations
- Chambless, CA: equally priced homes
- Garrett, WY: higher priced homes
- Hickman, AR: higher priced homes
- Sun Prairie, MT: higher priced homes
- Huron Mountain, MI: equally priced homes
- Champ, MO: higher priced homes
- Garita, NM: higher priced homes
- Loma Alta, TX: higher priced homes
- Casa Piedra, TX: higher priced homes
- Dorena, MO: equally priced homes
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