
Home Price Key
These days, finding an affordable place to live in the Commerce area can be challenging. Home prices in Commerce are now at a median cost of $116,466, lower than the Texas average of $235,268.
The average cost of rent is $954/mo in Commerce, primarily driven by the current value of real estate in the Commerce area. While nearly 51.96% of residents own their homes outright in Commerce, 53.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in Commerce is $4,304 per month. Households that rent pay about 22.15% of their income on rent here. Commerce's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Jardin, TX: equally priced homes
- Horton, TX: higher priced homes
- Fairlie, TX: equally priced homes
- Neylandville, TX: higher priced homes
- Campbell, TX: higher priced homes
- Emblem, TX: higher priced homes
- Cumby, TX: equally priced homes
- Ridgeway, TX: higher priced homes
- Klondike, TX: equally priced homes
- Jacobia, TX: equally priced homes
Cities with Similar Populations
- Lakeville, MA: higher priced homes
- Jefferson, LA: higher priced homes
- Johnstown, NY: higher priced homes
- Kempner, TX: higher priced homes
- Kenai, AK: higher priced homes
- Keyser, WV: higher priced homes
- Kingstree, SC: less expensive homes
- Kinnelon, NJ: higher priced homes
- Knoxville, IA: higher priced homes
- Shelley, ID: higher priced homes
All Local Stats
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