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These days, finding an affordable place to live in the Loop area can be challenging. Home prices in Loop are now at a median cost of $235,766, lower than the Texas average of $322,096.
The average cost of rent is $790/mo in Loop, primarily driven by the current value of real estate in the Loop area. In Loop, 16.41% of households rent, and 70.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Loop is $9,045 per month. Households that rent pay about 8.73% of their income on rent here. Loop’s most expensive areas are in the southwestern 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
- Seagraves, TX: less expensive homes
- Seminole, TX: equally priced homes
- Welch, TX: less expensive homes
- Mungerville, TX: less expensive homes
- Denver City, TX: equally priced homes
- Higginbotham, TX: higher priced homes
- Lamesa, TX: less expensive homes
- Los Ybanez, TX: less expensive homes
- Hancock, TX: equally priced homes
- O'Donnell, TX: less expensive homes
Cities with Similar Populations
- Collettsville, NC: less expensive homes
- Thornton, AR: less expensive homes
- Tidewater, OR: higher priced homes
- Townley, AL: less expensive homes
- Wall, TX: higher priced homes
- Dillon, GA: higher priced homes
- Weeksbury, KY: less expensive homes
- Crooked Oak, AL: less expensive homes
- Cottonton, AL: less expensive homes
- Conway, KY: less expensive homes
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