Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Chico area can be challenging. Home prices in Chico are now at a median cost of $191,820, lower than the Texas average of $235,268.
The average cost of rent is $1,058/mo in Chico, primarily driven by the current value of real estate in the Chico area. While nearly 55.47% of residents own their homes outright in Chico, 14.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in Chico is $5,332 per month. Households that rent pay about 19.84% of their income on rent here. Chico's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Crafton, TX: less expensive homes
- Lake Bridgeport, TX: less expensive homes
- Alvord, TX: equally priced homes
- Bridgeport, TX: equally priced homes
- Sunset, TX: equally priced homes
- Runaway Bay, TX: higher priced homes
- Greenwood, TX: higher priced homes
- Wizard Wells, TX: equally priced homes
- Cundiff, TX: equally priced homes
- Truce, TX: equally priced homes
Cities with Similar Populations
- Morris, OK: less expensive homes
- Jerome, MI: equally priced homes
- Lakin, KS: less expensive homes
- Lame Deer, MT: less expensive homes
- Lenox, GA: less expensive homes
- Lumpkin, GA: less expensive homes
- Manawa, WI: less expensive homes
- Martindale, TX: equally priced homes
- Middleburg, VA: higher priced homes
- Butler, AL: less expensive homes
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