Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Bay City area can be challenging. Home prices in Bay City are now at a median cost of $125,445, lower than the Texas average of $235,268.
The average cost of rent is $964/mo in Bay City, primarily driven by the current value of real estate in the Bay City area. While nearly 72.12% of residents own their homes outright in Bay City, 39.73% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bay City is $4,298 per month. Households that rent pay about 22.43% of their income on rent here. Bay City's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Caney, TX: higher priced homes
- Buckeye, TX: equally priced homes
- Van Vleck, TX: higher priced homes
- Markham, TX: higher priced homes
- Sugar Valley, TX: higher priced homes
- Wadsworth, TX: higher priced homes
- Clemville, TX: higher priced homes
- Cedar Lane, TX: higher priced homes
- Elmaton, TX: equally priced homes
- Sweeny, TX: higher priced homes
Cities with Similar Populations
- Payson, AZ: higher priced homes
- Newtown Square, PA: higher priced homes
- Niles, OH: less expensive homes
- North Myrtle Beach, SC: higher priced homes
- North Plainfield, NJ: higher priced homes
- North Tustin, CA: higher priced homes
- Orocovis, PR: less expensive homes
- Owens Cross Roads, AL: higher priced homes
- Palm Valley, FL: higher priced homes
- Danville, KY: higher priced homes
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