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Affordable
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These days, finding an affordable place to live in the Chappel area can be challenging. Home prices in Chappel are now at a median cost of $212,687, lower than the Texas average of $322,096.
The average cost of rent is $999/mo in Chappel, primarily driven by the current value of real estate in the Chappel area. In Chappel, 26.37% of households rent, and 80.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Chappel is $4,763 per month. Households that rent pay about 20.97% of their income on rent here. Chappel’s most expensive areas are in the northeastern 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
- Cherokee, TX: equally priced homes
- Harkeyville, TX: less expensive homes
- Naruna, TX: higher priced homes
- Watson, TX: higher priced homes
- Lampasas, TX: equally priced homes
- Pontotoc, TX: higher priced homes
- Rumley, TX: higher priced homes
- Fredonia, TX: equally priced homes
- Kempner, TX: higher priced homes
- Voca, TX: equally priced homes
Cities with Similar Populations
- Hightown, MS: less expensive homes
- Ivytown, MD: higher priced homes
- Isaban, WV: less expensive homes
- Ironshire, MD: higher priced homes
- Indian Mills, WV: less expensive homes
- Tyronza Junction, AR: less expensive homes
- Ulysses, KY: less expensive homes
- Holcomb, WA: higher priced homes
- Hog Mountain, GA: higher priced homes
- Union Corner, MD: higher priced homes
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