The Most Affordable Neighborhoods in Bailey County, TX by Home Value

 

Bailey County, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Bailey County area can be challenging. Home prices in Bailey County are now at a median cost of $120,262, lower than the Texas average of $322,096.

The average cost of rent is $910/mo in Bailey County, primarily driven by the current value of real estate in the Bailey County area. In Bailey County, 20.10% of households rent, and 78.41% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Bailey County is $5,110 per month. Households that rent pay about 17.80% of their income on rent here. Bailey County’s most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the county.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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