Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Electra area can be challenging. Home prices in Electra are now at a median cost of $77,342, lower than the Texas average of $235,268.
The average cost of rent is $597/mo in Electra, primarily driven by the current value of real estate in the Electra area. While nearly 60.19% of residents own their homes outright in Electra, 27.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in Electra is $4,645 per month. Households that rent pay about 12.85% of their income on rent here. Electra's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Haynesville, TX: higher priced homes
- Harrold, TX: higher priced homes
- Kamay, TX: higher priced homes
- Oklaunion, TX: higher priced homes
- Iowa Park, TX: higher priced homes
- Pleasant Valley, TX: higher priced homes
- Grayback, TX: higher priced homes
- Burkburnett, TX: higher priced homes
- DeVol, OK: higher priced homes
- Cashion Community, TX: higher priced homes
Cities with Similar Populations
- Pownal, VT: higher priced homes
- Lynne, FL: less expensive homes
- Mason City, IL: higher priced homes
- Montour Falls, NY: higher priced homes
- Morristown, IN: higher priced homes
- Muenster, TX: higher priced homes
- Oswego, KS: equally priced homes
- Owen, WI: higher priced homes
- Parker City, IN: higher priced homes
- Pedricktown, NJ: higher priced homes
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