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Affordable
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These days, finding an affordable place to live in the Griffin area can be challenging. Home prices in Griffin are now at a median cost of $208,565, lower than the Texas average of $322,096.
The average cost of rent is $1,985/mo in Griffin, primarily driven by the current value of real estate in the Griffin area. In Griffin, 13.32% of households rent, and 70.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Griffin is $5,050 per month. Households that rent pay about 39.30% of their income on rent here. Griffin’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Walnut Grove, TX: equally priced homes
- Pine Hill, TX: less expensive homes
- New Summerfield, TX: less expensive homes
- Salem, TX: less expensive homes
- Troup, TX: equally priced homes
- Price, TX: less expensive homes
- Pone, TX: less expensive homes
- Tecula, TX: less expensive homes
- Mixon, TX: higher priced homes
- Sinclair City, TX: less expensive homes
Cities with Similar Populations
- Waltham, ME: equally priced homes
- Dalton, AR: less expensive homes
- Dodge, ND: less expensive homes
- Dothan, TX: less expensive homes
- Doyle, GA: less expensive homes
- Dry Creek, WV: less expensive homes
- Duck, WV: less expensive homes
- Dunbar, TN: less expensive homes
- Dunfermline, IL: less expensive homes
- Waldo, AL: less expensive homes
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