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Affordable
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These days, finding an affordable place to live in the Bishop area can be challenging. Home prices in Bishop are now at a median cost of $109,149, lower than the Texas average of $322,096.
The average cost of rent is $988/mo in Bishop, primarily driven by the current value of real estate in the Bishop area. In Bishop, 18.45% of households rent, and 67.62% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bishop is $4,863 per month. Households that rent pay about 20.33% of their income on rent here. Bishop’s most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Palo Alto, TX: higher priced homes
- Kingsville, TX: higher priced homes
- Driscoll, TX: higher priced homes
- Petronila, TX: higher priced homes
- Ricardo, TX: higher priced homes
- Ben Bolt, TX: equally priced homes
- Palito Blanco, TX: higher priced homes
- Rios, TX: higher priced homes
- Benavides, TX: less expensive homes
- Realitos, TX: less expensive homes
Cities with Similar Populations
- Mesa, WA: higher priced homes
- Ely, MN: higher priced homes
- Clayville, VA: higher priced homes
- Orleans, IN: higher priced homes
- Billings, MO: higher priced homes
- Caledonia, NY: higher priced homes
- Verbena, AL: higher priced homes
- Hominy, OK: equally priced homes
- Lexington, IN: higher priced homes
- North Liberty, IN: higher priced homes
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