The Most Affordable Neighborhoods in Grosvenor, TX by Home Value

 

Grosvenor, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Grosvenor area can be challenging. Home prices in Grosvenor are now at a median cost of $98,508, lower than the Texas average of $235,268.

The average cost of rent is $888/mo in Grosvenor, primarily driven by the current value of real estate in the Grosvenor area. While nearly 53.93% of residents own their homes outright in Grosvenor, 7.58% rent.

Housing affordability isn’t just about home prices, though. The average household income in Grosvenor is $3,368 per month. Households that rent pay about 26.36% of their income on rent here. Grosvenor's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.


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