
Affordable
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These days, finding an affordable place to live in the Bailey area can be challenging. Home prices in Bailey are now at a median cost of $318,501, lower than the Texas average of $322,096.
The average cost of rent is $799/mo in Bailey, primarily driven by the current value of real estate in the Bailey area. In Bailey, 14.61% of households rent, and 47.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bailey is $8,513 per month. Households that rent pay about 9.39% of their income on rent here. Bailey’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Gober, TX: equally priced homes
- Randolph, TX: less expensive homes
- Leonard, TX: less expensive homes
- Hail, TX: less expensive homes
- South Sulphur, TX: less expensive homes
- Trenton, TX: equally priced homes
- Orangeville, TX: higher priced homes
- Bonham, TX: less expensive homes
- Lane, TX: less expensive homes
- Ely, TX: less expensive homes
Cities with Similar Populations
- Floyd, IA: less expensive homes
- Springtown, PA: equally priced homes
- South Pottstown, PA: less expensive homes
- Rochester Mills, PA: less expensive homes
- Ravenden Springs, AR: less expensive homes
- Rantoul, KS: less expensive homes
- Rabun, AL: less expensive homes
- Plainville, IL: less expensive homes
- North Carrollton, MS: less expensive homes
- Daviston, AL: less expensive homes
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