The Most Affordable Neighborhoods in El Paso Lower Valley, El Paso, TX by Home Value

 

El Paso Lower Valley, El Paso, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the El Paso Lower Valley area can be challenging. Home prices in El Paso Lower Valley are now at a median cost of $67,433, lower than the El Paso average of $144,657.

The average cost of rent is $668/mo in El Paso Lower Valley, primarily driven by the current value of real estate in the El Paso Lower Valley area. While nearly 65.52% of residents own their homes outright in El Paso Lower Valley, 36.08% rent.

Housing affordability isn’t just about home prices, though. The average household income in El Paso Lower Valley is $2,161 per month. Households that rent pay about 30.91% of their income on rent here. El Paso Lower Valley's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the neighborhood.


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