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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 $227,617, lower than the Texas average of $322,096.
The average cost of rent is $758/mo in Mayfield, primarily driven by the current value of real estate in the Mayfield area. In Mayfield, 14.69% of households rent, and 53.30% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mayfield is $6,791 per month. Households that rent pay about 11.16% of their income on rent here. Mayfield’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Itasca, TX: less expensive homes
- Lovelace, TX: equally priced homes
- Carls Corner, TX: equally priced homes
- Osceola, TX: equally priced homes
- Covington, TX: equally priced homes
- Grandview, TX: higher priced homes
- Milford, TX: higher priced homes
- Winslow, TX: equally priced homes
- Hillsboro, TX: less expensive homes
- Woodbury, TX: less expensive homes
Cities with Similar Populations
- Alma, NY: less expensive homes
- Anawalt, WV: less expensive homes
- Arvilla, ND: higher priced homes
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- Parks Crossroads, NC: less expensive homes
- Parmele, NC: less expensive homes
- Parnell, AR: higher priced homes
- Parnell, KY: less expensive homes
- Parthenon, AR: less expensive homes
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