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Affordable
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These days, finding an affordable place to live in the Caddo area can be challenging. Home prices in Caddo are now at a median cost of $180,318, lower than the Texas average of $322,096.
The average cost of rent is $804/mo in Caddo, primarily driven by the current value of real estate in the Caddo area. In Caddo, 11.48% of households rent, and 83.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Caddo is $6,413 per month. Households that rent pay about 12.54% of their income on rent here. Caddo’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
- Ivan, TX: less expensive homes
- Necessity, TX: higher priced homes
- Strawn, TX: equally priced homes
- Metcalf Gap, TX: higher priced homes
- Breckenridge, TX: less expensive homes
- South Hanlon, TX: less expensive homes
- Crystal Falls, TX: equally priced homes
- Harpersville, TX: higher priced homes
- Palo Pinto, TX: higher priced homes
- Eolian, TX: higher priced homes
Cities with Similar Populations
- Non, OK: less expensive homes
- Nyhart, MO: higher priced homes
- Plainview Colony, SD: higher priced homes
- Joppa, IN: higher priced homes
- Pleasant View, VA: higher priced homes
- Chappell, KY: less expensive homes
- Chatmar, FL: less expensive homes
- Wheeless, OK: less expensive homes
- Wetipquin, MD: higher priced homes
- Chickamaw Beach, MN: higher priced homes
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