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These days, finding an affordable place to live in the Latch area can be challenging. Home prices in Latch are now at a median cost of $164,318, lower than the Texas average of $322,096.
The average cost of rent is $1,269/mo in Latch, primarily driven by the current value of real estate in the Latch area. In Latch, 17.89% of households rent, and 58.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Latch is $5,849 per month. Households that rent pay about 21.70% of their income on rent here. Latch’s most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Big Sandy, TX: equally priced homes
- Pritchett, TX: less expensive homes
- Rosewood, TX: equally priced homes
- Enoch, TX: equally priced homes
- Rhonesboro, TX: higher priced homes
- Holly Lake Ranch, TX: higher priced homes
- Gilmer, TX: equally priced homes
- Wilkins, TX: equally priced homes
- Hawkins, TX: higher priced homes
- Delrose, TX: less expensive homes
Cities with Similar Populations
- Knobtown, MS: less expensive homes
- Russian Mission, AK: less expensive homes
- Russellville, GA: less expensive homes
- North Cleveland, TX: less expensive homes
- McMillan, MS: equally priced homes
- Manorville, PA: equally priced homes
- Lick Creek, IL: equally priced homes
- Libby Hill, ME: higher priced homes
- Leck, VA: less expensive homes
- Leathersville, GA: higher priced homes
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