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Affordable
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These days, finding an affordable place to live in the Matador area can be challenging. Home prices in Matador are now at a median cost of $87,865, lower than the Texas average of $322,096.
The average cost of rent is $622/mo in Matador, primarily driven by the current value of real estate in the Matador area. In Matador, 26.49% of households rent, and 64.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Matador is $5,503 per month. Households that rent pay about 11.31% of their income on rent here. Matador’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.
Nearby Cities
- Roaring Springs, TX: equally priced homes
- Dougherty, TX: higher priced homes
- Aiken, TX: higher priced homes
- Paducah, TX: less expensive homes
- Dunlap, TX: higher priced homes
- Floydada, TX: equally priced homes
- Muncy, TX: higher priced homes
- Lockney, TX: higher priced homes
- Sandhill, TX: higher priced homes
- Swearingen, TX: higher priced homes
Cities with Similar Populations
- Papaaloa, HI: higher priced homes
- Red Lion, OH: higher priced homes
- Raven Rocks, WV: higher priced homes
- Rattan, OK: higher priced homes
- Range, WI: higher priced homes
- Ramey, PA: higher priced homes
- Quemado, NM: higher priced homes
- Purdy, OK: higher priced homes
- Pumpkin Center, FL: higher priced homes
- Pratum, OR: higher priced homes
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