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These days, finding an affordable place to live in the Loma Alta area can be challenging. Home prices in Loma Alta are now at a median cost of $256,646, lower than the Texas average of $322,096.
The average cost of rent is $831/mo in Loma Alta, primarily driven by the current value of real estate in the Loma Alta area. In Loma Alta, 3.14% of households rent, and 89.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Loma Alta is $4,937 per month. Households that rent pay about 16.83% of their income on rent here. Loma Alta’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rocksprings, TX: less expensive homes
- Mountain Home, TX: higher priced homes
- Hunt, TX: higher priced homes
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- Kerrville, TX: higher priced homes
- Legion, TX: higher priced homes
- Center Point, TX: higher priced homes
- Morris Ranch, TX: higher priced homes
- Comfort, TX: higher priced homes
- Sanderson, TX: less expensive homes
Cities with Similar Populations
- Lisbon, NC: less expensive homes
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- Lille, ME: less expensive homes
- Linwood, AL: less expensive homes
- Lehman Hot Springs, OR: higher priced homes
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