Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Melvin area can be challenging. Home prices in Melvin are now at a median cost of $100,233, lower than the Texas average of $235,268.
The average cost of rent is $680/mo in Melvin, primarily driven by the current value of real estate in the Melvin area. While nearly 77.07% of residents own their homes outright in Melvin, 14.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in Melvin is $3,453 per month. Households that rent pay about 19.68% of their income on rent here. Melvin's most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Whiteland, TX: higher priced homes
- Salt Gap, TX: equally priced homes
- Fife, TX: higher priced homes
- Katemcy, TX: higher priced homes
- Eden, TX: less expensive homes
- Pear Valley, TX: higher priced homes
- Brady, TX: equally priced homes
- Rochelle, TX: higher priced homes
- Voca, TX: higher priced homes
- Vick, TX: higher priced homes
Cities with Similar Populations
- Oats, SC: higher priced homes
- Register, PA: higher priced homes
- Red Beach, ME: higher priced homes
- Ollie, MT: higher priced homes
- Olivet, IL: less expensive homes
- Oden, MI: higher priced homes
- Octave, AZ: higher priced homes
- Octa, MO: equally priced homes
- Ochopee, FL: higher priced homes
- Reily Lake, IL: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood