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These days, finding an affordable place to live in the Drane area can be challenging. Home prices in Drane are now at a median cost of $147,700, lower than the Texas average of $322,096.
The average cost of rent is $1,087/mo in Drane, primarily driven by the current value of real estate in the Drane area. In Drane, 43.27% of households rent, and 51.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Drane is $4,393 per month. Households that rent pay about 24.75% of their income on rent here. Drane’s most expensive areas are in the southern 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
- Barry, TX: higher priced homes
- Corbet, TX: higher priced homes
- Oak Valley, TX: higher priced homes
- Purdon, TX: higher priced homes
- Cryer Creek, TX: higher priced homes
- Dresden, TX: higher priced homes
- Retreat, TX: higher priced homes
- Emhouse, TX: higher priced homes
- Corsicana, TX: higher priced homes
- Silver City, TX: higher priced homes
Cities with Similar Populations
- Dull, TN: higher priced homes
- Frenchtown, PA: higher priced homes
- Fowlers Crossroads, AL: less expensive homes
- Fowler, SC: less expensive homes
- Foreston, SC: less expensive homes
- Florence, IL: higher priced homes
- Flint, IN: higher priced homes
- Vernon Center, MN: higher priced homes
- Ellijay, NC: higher priced homes
- Vertrees, KY: higher priced homes
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