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Affordable
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These days, finding an affordable place to live in the Grandfalls area can be challenging. Home prices in Grandfalls are now at a median cost of $92,412, lower than the Texas average of $322,096.
The average cost of rent is $1,654/mo in Grandfalls, primarily driven by the current value of real estate in the Grandfalls area. In Grandfalls, 14.25% of households rent, and 84.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Grandfalls is $5,760 per month. Households that rent pay about 28.72% of their income on rent here. Grandfalls’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Imperial, TX: equally priced homes
- Coyanosa, TX: equally priced homes
- Crane, TX: higher priced homes
- Barstow, TX: higher priced homes
- Pecos, TX: higher priced homes
- Toyahvale, TX: higher priced homes
- Rankin, TX: higher priced homes
- Toyah, TX: higher priced homes
- Stiles, TX: higher priced homes
- Big Lake, TX: higher priced homes
Cities with Similar Populations
- Acme, WA: higher priced homes
- Albion, OK: higher priced homes
- Ozone, AR: higher priced homes
- Olsonville, SD: equally priced homes
- Onia, AR: higher priced homes
- Optima, OK: higher priced homes
- Orchard, CO: higher priced homes
- Orchard Hill, GA: higher priced homes
- Orland, SD: higher priced homes
- Oro Fino, CA: higher priced homes
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