The Most Affordable Neighborhoods in Magnolia Place, Fresno, TX by Home Value

 

Magnolia Place, Fresno, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Magnolia Place area can be challenging. Home prices in Magnolia Place are now at a median cost of $169,225, lower than the Fresno average of $235,480.

The average cost of rent is $1,820/mo in Magnolia Place, primarily driven by the current value of real estate in the Magnolia Place area. While nearly 35.74% of residents own their homes outright in Magnolia Place, 20.50% rent.

Housing affordability isn’t just about home prices, though. The average household income in Magnolia Place is $6,219 per month. Households that rent pay about 29.26% of their income on rent here. Magnolia Place's most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the neighborhood.


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