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Affordable
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These days, finding an affordable place to live in the Meldrum area can be challenging. Home prices in Meldrum are now at a median cost of $123,600, lower than the Texas average of $322,096.
The average cost of rent is $646/mo in Meldrum, primarily driven by the current value of real estate in the Meldrum area. In Meldrum, 29.68% of households rent, and 69.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Meldrum is $3,663 per month. Households that rent pay about 17.63% of their income on rent here. Meldrum’s most expensive areas are in the southeastern 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
- Tenaha, TX: higher priced homes
- Silas, TX: less expensive homes
- Timpson, TX: less expensive homes
- Gary City, TX: higher priced homes
- Paxton, TX: less expensive homes
- Gary, TX: higher priced homes
- James, TX: less expensive homes
- Daniels, TX: equally priced homes
- Garrison, TX: higher priced homes
- Jackson, TX: less expensive homes
Cities with Similar Populations
- Shamrock, OK: higher priced homes
- Indian Wells, AZ: less expensive homes
- Irma, WI: higher priced homes
- Jerome, PA: equally priced homes
- Jonesville, TX: higher priced homes
- Judson, IN: higher priced homes
- Kaw City, OK: higher priced homes
- Lake Pocotopaug, CT: higher priced homes
- Saltillo, AR: higher priced homes
- Secretary, MD: higher priced homes
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