The Most Affordable Neighborhoods in Chimney Rock Area, Abilene, TX by Home Value

 

Chimney Rock Area, Abilene, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Chimney Rock Area area can be challenging. Home prices in Chimney Rock Area are now at a median cost of $250,726, higher than the Abilene average of $156,080.

The average cost of rent is $1,590/mo in Chimney Rock Area, primarily driven by the current value of real estate in the Chimney Rock Area area. While nearly 41.42% of residents own their homes outright in Chimney Rock Area, 15.72% rent.

Housing affordability isn’t just about home prices, though. The average household income in Chimney Rock Area is $8,452 per month. Households that rent pay about 18.81% of their income on rent here. Chimney Rock Area's most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the neighborhood.


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