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These days, finding an affordable place to live in the Downing area can be challenging. Home prices in Downing are now at a median cost of $202,825, lower than the Texas average of $322,096.
The average cost of rent is $687/mo in Downing, primarily driven by the current value of real estate in the Downing area. In Downing, 4.73% of households rent, and 75.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Downing is $5,843 per month. Households that rent pay about 11.76% of their income on rent here. Downing’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- DeLeon, TX: less expensive homes
- Proctor, TX: higher priced homes
- Vandyke, TX: higher priced homes
- Rucker, TX: higher priced homes
- Duster, TX: higher priced homes
- Hasse, TX: equally priced homes
- Comanche, TX: less expensive homes
- Highland, TX: higher priced homes
- Edna Hill, TX: equally priced homes
- Dublin, TX: equally priced homes
Cities with Similar Populations
- Grenora, ND: higher priced homes
- Hamilton, PA: less expensive homes
- Unionville, LA: higher priced homes
- Unity, GA: equally priced homes
- Hadar, NE: higher priced homes
- Gulston, KY: less expensive homes
- Usibelli, AK: higher priced homes
- Guilford, OH: less expensive homes
- Guide Rock, NE: less expensive homes
- Grover, CO: higher priced homes
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