Expensive
Affordable
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These days, finding an affordable place to live in the Magnolia Gardens area can be challenging. Home prices in Magnolia Gardens are now at a median cost of $256,228, lower than the Texas average of $322,096.
The average cost of rent is $1,129/mo in Magnolia Gardens, primarily driven by the current value of real estate in the Magnolia Gardens area. In Magnolia Gardens, 19.32% of households rent, and 30.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Magnolia Gardens is $7,890 per month. Households that rent pay about 14.31% of their income on rent here. Magnolia Gardens’s most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sheldon, TX: less expensive homes
- Barrett, TX: less expensive homes
- Crosby, TX: equally priced homes
- Channelview, TX: less expensive homes
- Cloverleaf, TX: less expensive homes
- Highlands, TX: less expensive homes
- Atascocita, TX: higher priced homes
- Lynchburg, TX: less expensive homes
- Jacinto City, TX: less expensive homes
- Galena Park, TX: less expensive homes
Cities with Similar Populations
- Shaftsbury, VT: equally priced homes
- Kilmarnock, VA: higher priced homes
- La Grange, CA: higher priced homes
- Lake Lure, NC: higher priced homes
- Lake Success, NY: higher priced homes
- Lake View, AL: higher priced homes
- Morrice, MI: less expensive homes
- Parker, PA: less expensive homes
- Quanah, TX: less expensive homes
- Roseland, LA: less expensive homes
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