The Most Affordable Neighborhoods in Madisonville, TX by Home Value

These days, finding an affordable place to live in the Madisonville area can be challenging. Home prices in Madisonville are now at a median cost of $175,434, lower than the Texas average of $322,096.

The average cost of rent is $943/mo in Madisonville, primarily driven by the current value of real estate in the Madisonville area. In Madisonville, 26.93% of households rent, and 54.85% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Madisonville is $6,295 per month. Households that rent pay about 14.98% of their income on rent here. Madisonville’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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