Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lela area can be challenging. Home prices in Lela are now at a median cost of $89,212, lower than the Texas average of $235,268.
The average cost of rent is $752/mo in Lela, primarily driven by the current value of real estate in the Lela area. While nearly 65.39% of residents own their homes outright in Lela, 41.39% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lela is $3,459 per month. Households that rent pay about 21.75% of their income on rent here. Lela's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Shamrock, TX: less expensive homes
- Pakan, TX: less expensive homes
- Twitty, TX: equally priced homes
- McLean, TX: less expensive homes
- Texola, TX: equally priced homes
- Alanreed, TX: higher priced homes
- Hext, OK: higher priced homes
- Erick, OK: equally priced homes
- Jericho, TX: higher priced homes
- Texola, OK: higher priced homes
Cities with Similar Populations
- Ricard, NY: equally priced homes
- Milesville, SD: higher priced homes
- Milford Colony, MT: higher priced homes
- Millboro, SD: equally priced homes
- Milledgeville, OH: higher priced homes
- Millers Mills, NY: higher priced homes
- Moffett, OK: higher priced homes
- Montario Point, NY: higher priced homes
- Morning Glory, KY: equally priced homes
- Morrisvale, WV: higher priced homes
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