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These days, finding an affordable place to live in the Imperial area can be challenging. Home prices in Imperial are now at a median cost of $96,521, lower than the Texas average of $322,096.
The average cost of rent is $412/mo in Imperial, primarily driven by the current value of real estate in the Imperial area. In Imperial, 9.92% of households rent, and 97.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Imperial is $5,950 per month. Households that rent pay about 6.93% of their income on rent here. Imperial’s most expensive areas are in the northwestern 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
- Grandfalls, TX: equally priced homes
- Crane, TX: higher priced homes
- Coyanosa, TX: equally priced homes
- McCamey, TX: equally priced homes
- Rankin, TX: higher priced homes
- Toyahvale, TX: higher priced homes
- Verhalen, TX: less expensive homes
- Toyah, TX: higher priced homes
- Big Lake, TX: higher priced homes
- Texon, TX: higher priced homes
Cities with Similar Populations
- Highland Park, FL: higher priced homes
- Stafford, OK: higher priced homes
- St. Anthony, ND: higher priced homes
- Springerton, IL: higher priced homes
- Spokane, LA: higher priced homes
- Ibex, KY: higher priced homes
- Hyacinth, VA: higher priced homes
- Hunter, AL: higher priced homes
- Hughart, WV: higher priced homes
- Hope, TX: higher priced homes
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