Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cherokee area can be challenging. Home prices in Cherokee are now at a median cost of $135,828, lower than the Texas average of $235,268.
The average cost of rent is $471/mo in Cherokee, primarily driven by the current value of real estate in the Cherokee area. While nearly 69.43% of residents own their homes outright in Cherokee, 26.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cherokee is $3,524 per month. Households that rent pay about 13.37% of their income on rent here. Cherokee's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Chappel, TX: higher priced homes
- Lone Grove, TX: higher priced homes
- Tow, TX: higher priced homes
- Pontotoc, TX: higher priced homes
- Buchanan Lake Village, TX: higher priced homes
- Bluffton, TX: higher priced homes
- Naruna, TX: higher priced homes
- Fredonia, TX: higher priced homes
- Voca, TX: higher priced homes
- Watson, TX: higher priced homes
Cities with Similar Populations
- Carmen, ID: higher priced homes
- Cleghorn, IA: less expensive homes
- Wardell, MO: less expensive homes
- Wayside, WI: higher priced homes
- Childress, VA: higher priced homes
- Charlotte Center, NY: less expensive homes
- West Leyden, NY: higher priced homes
- Charleston, UT: higher priced homes
- West Side, OR: higher priced homes
- Ceres, VA: less expensive homes
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