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These days, finding an affordable place to live in the Fred area can be challenging. Home prices in Fred are now at a median cost of $173,662, lower than the Texas average of $322,096.
The average cost of rent is $941/mo in Fred, primarily driven by the current value of real estate in the Fred area. In Fred, 10.92% of households rent, and 65.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fred is $6,043 per month. Households that rent pay about 15.57% of their income on rent here. Fred’s most expensive areas are in the southwestern 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
- Spurger, TX: equally priced homes
- Hillister, TX: higher priced homes
- Mount Union, TX: higher priced homes
- Warren, TX: less expensive homes
- Village Mills, TX: equally priced homes
- Buna, TX: less expensive homes
- Bleakwood, TX: higher priced homes
- Wildwood, TX: equally priced homes
- Ivanhoe North, TX: less expensive homes
- Call, TX: less expensive homes
Cities with Similar Populations
- Wilmerding, PA: less expensive homes
- Barksdale Afb, LA: higher priced homes
- Leland Grove, IL: higher priced homes
- Rock, WV: less expensive homes
- Prichard, WV: less expensive homes
- Pine Plains, NY: higher priced homes
- Merrillan, WI: higher priced homes
- Mc Dade, TX: higher priced homes
- Martin, KY: less expensive homes
- Loving, NM: higher priced homes
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