Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Alvarado area can be challenging. Home prices in Alvarado are now at a median cost of $163,007, lower than the Texas average of $235,268.
The average cost of rent is $1,148/mo in Alvarado, primarily driven by the current value of real estate in the Alvarado area. While nearly 41.81% of residents own their homes outright in Alvarado, 22.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in Alvarado is $6,035 per month. Households that rent pay about 19.03% of their income on rent here. Alvarado's most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Lillian, TX: higher priced homes
- Venus, TX: higher priced homes
- Briaroaks, TX: higher priced homes
- Keene, TX: less expensive homes
- Cross Timber, TX: higher priced homes
- Burleson, TX: higher priced homes
- Mountain Peak, TX: higher priced homes
- Mansfield, TX: higher priced homes
- Joshua, TX: higher priced homes
- Cleburne, TX: equally priced homes
Cities with Similar Populations
- Lebanon, MO: less expensive homes
- Bristol, RI: higher priced homes
- Roxboro, NC: less expensive homes
- Port Hueneme, CA: higher priced homes
- Canandaigua, NY: higher priced homes
- Canby, OR: higher priced homes
- Pascagoula, MS: less expensive homes
- Panama City Beach, FL: higher priced homes
- Minneola, FL: higher priced homes
- Champlin, MN: higher priced homes
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