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Affordable
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These days, finding an affordable place to live in the El Gato area can be challenging. Home prices in El Gato are now at a median cost of $151,802, lower than the Texas average of $322,096.
The average cost of rent is $858/mo in El Gato, primarily driven by the current value of real estate in the El Gato area. In El Gato, 25.04% of households rent, and 68.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in El Gato is $4,069 per month. Households that rent pay about 21.09% of their income on rent here. El Gato’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
- Alamo, TX: less expensive homes
- Midway South, TX: equally priced homes
- Donna, TX: less expensive homes
- San Juan, TX: less expensive homes
- Pharr, TX: less expensive homes
- Midway North, TX: less expensive homes
- Weslaco, TX: less expensive homes
- Progreso Lakes, TX: higher priced homes
- Hidalgo, TX: equally priced homes
- Progreso, TX: less expensive homes
Cities with Similar Populations
- Van Hornesville, NY: higher priced homes
- Coral, PA: less expensive homes
- Cordova, NE: higher priced homes
- Corn Valley, VA: less expensive homes
- Cornish, OK: equally priced homes
- Correll, MN: less expensive homes
- County Line, AL: equally priced homes
- Courtright, WV: higher priced homes
- Westhope, OH: higher priced homes
- Crane, IN: higher priced homes
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