
Home Price Key
These days, finding an affordable place to live in the Mayfield area can be challenging. Home prices in Mayfield are now at a median cost of $183,332, lower than the Texas average of $235,268.
The average cost of rent is $828/mo in Mayfield, primarily driven by the current value of real estate in the Mayfield area. While nearly 53.40% of residents own their homes outright in Mayfield, 18.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mayfield is $5,528 per month. Households that rent pay about 14.97% of their income on rent here. Mayfield's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
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Cities with Similar Populations
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- Parnell, AR: equally priced homes
- Parnell, KY: less expensive homes
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