The Most Affordable Neighborhoods in La Paloma, TX by Home Value

These days, finding an affordable place to live in the La Paloma area can be challenging. Home prices in La Paloma are now at a median cost of $81,687, lower than the Texas average of $322,096.

The average cost of rent is $822/mo in La Paloma, primarily driven by the current value of real estate in the La Paloma area. In La Paloma, 8.09% of households rent, and 71.73% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in La Paloma is $4,452 per month. Households that rent pay about 18.46% of their income on rent here. La Paloma’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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