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Affordable
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These days, finding an affordable place to live in the Midway area can be challenging. Home prices in Midway are now at a median cost of $215,328, lower than the Texas average of $322,096.
The average cost of rent is $1,167/mo in Midway, primarily driven by the current value of real estate in the Midway area. In Midway, 12.30% of households rent, and 71.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Midway is $5,094 per month. Households that rent pay about 22.91% of their income on rent here. Midway’s most expensive areas are in the northern 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
- Elwood, TX: equally priced homes
- Madisonville, TX: less expensive homes
- Weldon, TX: less expensive homes
- Mapleton, TX: less expensive homes
- Vistula, TX: less expensive homes
- Middleton, TX: equally priced homes
- Leona, TX: equally priced homes
- Mecca, TX: equally priced homes
- Austonio, TX: less expensive homes
- Lovelady, TX: less expensive homes
Cities with Similar Populations
- Stanton, ND: less expensive homes
- Hillsborough Center, NH: higher priced homes
- Hoytsville, UT: higher priced homes
- Hunt, AR: less expensive homes
- Huttig, AR: less expensive homes
- Ingleside, WV: less expensive homes
- Joffre, PA: less expensive homes
- Jonesport, ME: less expensive homes
- Junction City, WA: higher priced homes
- La Cueva, NM: higher priced homes
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