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Affordable
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These days, finding an affordable place to live in the Megargel area can be challenging. Home prices in Megargel are now at a median cost of $82,570, lower than the Texas average of $322,096.
The average cost of rent is $543/mo in Megargel, primarily driven by the current value of real estate in the Megargel area. In Megargel, 16.29% of households rent, and 76.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Megargel is $5,167 per month. Households that rent pay about 10.50% of their income on rent here. Megargel’s most expensive areas are in the southeastern 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
- Spring Creek, TX: equally priced homes
- Westover, TX: higher priced homes
- Padgett, TX: higher priced homes
- Olney, TX: higher priced homes
- Round Timber, TX: higher priced homes
- Archer City, TX: higher priced homes
- Seymour, TX: higher priced homes
- Windthorst, TX: higher priced homes
- Markley, TX: higher priced homes
- Antelope, TX: higher priced homes
Cities with Similar Populations
- Pennington, GA: higher priced homes
- Olancha, CA: higher priced homes
- Old Gilroy, CA: higher priced homes
- Old Hickory, AR: higher priced homes
- Olivet, KS: higher priced homes
- Oran, TX: higher priced homes
- Orient, WA: higher priced homes
- Otto, WY: higher priced homes
- Overfield, WV: higher priced homes
- Padanaram, OH: higher priced homes
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