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These days, finding an affordable place to live in the Floydada area can be challenging. Home prices in Floydada are now at a median cost of $95,203, lower than the Texas average of $322,096.
The average cost of rent is $771/mo in Floydada, primarily driven by the current value of real estate in the Floydada area. In Floydada, 31.50% of households rent, and 79.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Floydada is $4,405 per month. Households that rent pay about 17.50% of their income on rent here. Floydada’s most expensive areas are in the western 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
- Aiken, TX: higher priced homes
- Sandhill, TX: higher priced homes
- Mount Blanco, TX: higher priced homes
- Dougherty, TX: higher priced homes
- Petersburg, TX: less expensive homes
- Happy Union, TX: higher priced homes
- Roaring Springs, TX: equally priced homes
- Hale Center, TX: equally priced homes
- Matador, TX: equally priced homes
- Abernathy, TX: higher priced homes
Cities with Similar Populations
- Earlsboro, OK: higher priced homes
- Adger, AL: higher priced homes
- Lennon, MI: higher priced homes
- Janesville, CA: higher priced homes
- Grantham, NH: higher priced homes
- Franklin Furnace, OH: higher priced homes
- Downsville, LA: higher priced homes
- Crescent, OK: higher priced homes
- Arcadia, LA: higher priced homes
- Quitman, AR: higher priced homes
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