
Home Price Key
These days, finding an affordable place to live in the Cranfills Gap area can be challenging. Home prices in Cranfills Gap are now at a median cost of $182,719, lower than the Texas average of $235,268.
The average cost of rent is $614/mo in Cranfills Gap, primarily driven by the current value of real estate in the Cranfills Gap area. While nearly 64.35% of residents own their homes outright in Cranfills Gap, 14.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cranfills Gap is $5,727 per month. Households that rent pay about 10.71% of their income on rent here. Cranfills Gap's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
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