Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Morgan Farm area can be challenging. Home prices in Morgan Farm are now at a median cost of $176,600, lower than the Texas average of $235,268.
The average cost of rent is $1,163/mo in Morgan Farm, primarily driven by the current value of real estate in the Morgan Farm area. While nearly 38.72% of residents own their homes outright in Morgan Farm, 14.93% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morgan Farm is $4,990 per month. Households that rent pay about 23.31% of their income on rent here. Morgan Farm's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Sinton, TX: less expensive homes
- Sodville, TX: less expensive homes
- Odem, TX: less expensive homes
- West Sinton, TX: equally priced homes
- Edroy, TX: equally priced homes
- Taft, TX: less expensive homes
- Hubert, TX: less expensive homes
- Taft Southwest, TX: equally priced homes
- Papalote, TX: less expensive homes
- San Patricio, TX: less expensive homes
Cities with Similar Populations
- Toomey, LA: less expensive homes
- Enfield, ME: less expensive homes
- Essex, NY: less expensive homes
- Eureka Springs, MS: less expensive homes
- Eva, TN: less expensive homes
- Fairburn, WI: less expensive homes
- Farmington, DE: higher priced homes
- Strong City, KS: less expensive homes
- Sumner, MS: less expensive homes
- Tacy, WV: less expensive homes
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