
Affordable
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These days, finding an affordable place to live in the Bovina area can be challenging. Home prices in Bovina are now at a median cost of $141,282, lower than the Texas average of $322,096.
The average cost of rent is $940/mo in Bovina, primarily driven by the current value of real estate in the Bovina area. In Bovina, 35.60% of households rent, and 80.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Bovina is $6,197 per month. Households that rent pay about 15.16% of their income on rent here. Bovina’s most expensive areas are in the southern 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
- Friona, TX: equally priced homes
- Texico, NM: higher priced homes
- Hollene, NM: higher priced homes
- Clovis, NM: higher priced homes
- Flagg, TX: higher priced homes
- Ranchvale, NM: higher priced homes
- Grier, NM: higher priced homes
- Dimmitt, TX: less expensive homes
- St. Vrain, NM: higher priced homes
- Melrose, NM: higher priced homes
Cities with Similar Populations
- Bayou Gauche, LA: higher priced homes
- Minong, WI: higher priced homes
- French Settlement, LA: higher priced homes
- Garden Valley, CA: higher priced homes
- Houlton, WI: higher priced homes
- Inyokern, CA: higher priced homes
- Ironton, MO: less expensive homes
- Kaibito, AZ: less expensive homes
- Keshena, WI: higher priced homes
- Keysville, GA: higher priced homes
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