Expensive
Affordable
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These days, finding an affordable place to live in the Gray area can be challenging. Home prices in Gray are now at a median cost of $143,528, lower than the Texas average of $322,096.
The average cost of rent is $913/mo in Gray, primarily driven by the current value of real estate in the Gray area. In Gray, 5.92% of households rent, and 72.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Gray is $4,254 per month. Households that rent pay about 21.46% of their income on rent here. Gray’s most expensive areas are in the northwestern 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
- Gethsemane, TX: equally priced homes
- Uncertain, TX: higher priced homes
- Oil City, LA: less expensive homes
- Smithland, TX: less expensive homes
- Ferry Lake, LA: less expensive homes
- Vivian, LA: less expensive homes
- Karnack, TX: higher priced homes
- Lodi, TX: equally priced homes
- Mooringsport, LA: higher priced homes
- Hosston, LA: less expensive homes
Cities with Similar Populations
- Unaka Springs, TN: higher priced homes
- Croydon Flat, NH: higher priced homes
- Trinity Alps, CA: higher priced homes
- Truxno, LA: less expensive homes
- Tulalip, WA: higher priced homes
- Turin, IA: less expensive homes
- Turkey Fork, VA: equally priced homes
- Tusseyville, PA: higher priced homes
- Twin Oak, TN: higher priced homes
- Tyre, MI: equally priced homes
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