Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Bonham area can be challenging. Home prices in Bonham are now at a median cost of $124,508, lower than the Texas average of $235,268.
The average cost of rent is $853/mo in Bonham, primarily driven by the current value of real estate in the Bonham area. While nearly 68.05% of residents own their homes outright in Bonham, 34.81% rent.
Housing affordability isn’t just about home prices, though. The average household income in Bonham is $3,860 per month. Households that rent pay about 22.11% of their income on rent here. Bonham's most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Ector, TX: equally priced homes
- Dodd City, TX: higher priced homes
- Lannius, TX: higher priced homes
- Ely, TX: higher priced homes
- Ridings, TX: higher priced homes
- Ravenna, TX: higher priced homes
- Randolph, TX: higher priced homes
- Lamasco, TX: higher priced homes
- Savoy, TX: higher priced homes
- Bailey, TX: higher priced homes
Cities with Similar Populations
- Zapata, TX: less expensive homes
- Wills Point, TX: equally priced homes
- Banta, CA: higher priced homes
- Rogers, MN: higher priced homes
- Woodruff, SC: higher priced homes
- West Milford, NJ: higher priced homes
- Allegan, MI: higher priced homes
- Scottsville, KY: equally priced homes
- Hyde Park, NY: higher priced homes
- Kewanee, IL: less expensive homes
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