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Affordable
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These days, finding an affordable place to live in the Lockett area can be challenging. Home prices in Lockett are now at a median cost of $97,127, lower than the Texas average of $322,096.
The average cost of rent is $752/mo in Lockett, primarily driven by the current value of real estate in the Lockett area. In Lockett, 20.60% of households rent, and 63.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lockett is $5,333 per month. Households that rent pay about 14.10% of their income on rent here. Lockett’s most expensive areas are in the northern 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
- Vernon, TX: higher priced homes
- Rayland, TX: equally priced homes
- Grayback, TX: equally priced homes
- Oklaunion, TX: equally priced homes
- Thalia, TX: less expensive homes
- Harrold, TX: equally priced homes
- Margaret, TX: equally priced homes
- Electra, TX: less expensive homes
- Crowell, TX: less expensive homes
- Haynesville, TX: higher priced homes
Cities with Similar Populations
- Cobb Island, MD: higher priced homes
- Warrentown, MA: higher priced homes
- Vida, MO: higher priced homes
- Doering, WI: higher priced homes
- DeValls Bluff, AR: less expensive homes
- Denver, GA: higher priced homes
- Dalton, NY: higher priced homes
- Dalton City, IL: higher priced homes
- Crystal Lakes, MO: higher priced homes
- Cokeville, WY: higher priced homes
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