Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Alma area can be challenging. Home prices in Alma are now at a median cost of $139,812, lower than the Texas average of $235,268.
The average cost of rent is $1,083/mo in Alma, primarily driven by the current value of real estate in the Alma area. While nearly 51.63% of residents own their homes outright in Alma, 7.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in Alma is $5,540 per month. Households that rent pay about 19.54% of their income on rent here. Alma's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Rice, TX: less expensive homes
- Ensign, TX: higher priced homes
- Ennis, TX: higher priced homes
- Byrd, TX: equally priced homes
- Chatfield, TX: equally priced homes
- Crisp, TX: higher priced homes
- Garrett, TX: higher priced homes
- Bardwell, TX: less expensive homes
- Emhouse, TX: higher priced homes
- Roane, TX: equally priced homes
Cities with Similar Populations
- Makaha, HI: higher priced homes
- Payne Beach, NY: higher priced homes
- Alder Creek, NY: higher priced homes
- Lincoln, WA: higher priced homes
- Vertrees, KY: less expensive homes
- Hatton, KY: higher priced homes
- Combs, AR: higher priced homes
- Custar, OH: higher priced homes
- Curlew, WA: higher priced homes
- Rarden, OH: less expensive homes
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