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These days, finding an affordable place to live in the Ballinger area can be challenging. Home prices in Ballinger are now at a median cost of $109,970, lower than the Texas average of $322,096.
The average cost of rent is $1,111/mo in Ballinger, primarily driven by the current value of real estate in the Ballinger area. In Ballinger, 22.80% of households rent, and 65.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ballinger is $4,966 per month. Households that rent pay about 22.38% of their income on rent here. Ballinger’s most expensive areas are in the northwestern 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
- Bethel, TX: higher priced homes
- Hatchel, TX: higher priced homes
- Rowena, TX: higher priced homes
- Blanton, TX: higher priced homes
- Norton, TX: equally priced homes
- Talpa, TX: equally priced homes
- Miles, TX: higher priced homes
- Tennyson, TX: higher priced homes
- Glen Cove, TX: higher priced homes
- Bronte, TX: higher priced homes
Cities with Similar Populations
- Sardinia, OH: higher priced homes
- Canton, MO: higher priced homes
- Canton, SD: higher priced homes
- Rembert, SC: higher priced homes
- Marion, AL: higher priced homes
- Burbank, WA: higher priced homes
- Seaford, VA: higher priced homes
- Port Barre, LA: higher priced homes
- Parma, MI: higher priced homes
- Nescopeck, PA: higher priced homes
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