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These days, finding an affordable place to live in the Hedley area can be challenging. Home prices in Hedley are now at a median cost of $68,053, lower than the Texas average of $322,096.
The average cost of rent is $622/mo in Hedley, primarily driven by the current value of real estate in the Hedley area. In Hedley, 12.19% of households rent, and 85.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hedley is $4,275 per month. Households that rent pay about 14.55% of their income on rent here. Hedley’s most expensive areas are in the northeastern 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
- Lelia Lake, TX: higher priced homes
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- Rolla, TX: higher priced homes
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- Dodson, TX: higher priced homes
Cities with Similar Populations
- Salem, FL: higher priced homes
- Milledgeville, KY: higher priced homes
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- Romance, WV: higher priced homes
- Ruple, LA: higher priced homes
- Rutland, IL: higher priced homes
- Rye Beach, NH: higher priced homes
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