Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Morris Ranch area can be challenging. Home prices in Morris Ranch are now at a median cost of $276,717, higher than the Texas average of $235,268.
The average cost of rent is $968/mo in Morris Ranch, primarily driven by the current value of real estate in the Morris Ranch area. While nearly 59.57% of residents own their homes outright in Morris Ranch, 6.98% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morris Ranch is $7,871 per month. Households that rent pay about 12.30% of their income on rent here. Morris Ranch's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Tivydale, TX: equally priced homes
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- Cain City, TX: equally priced homes
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- Fredericksburg, TX: higher priced homes
- Harper, TX: higher priced homes
- Luckenbach, TX: less expensive homes
- Blumenthal, TX: equally priced homes
- Hunt, TX: equally priced homes
Cities with Similar Populations
- Valmeyer, IL: less expensive homes
- Dravosburg, PA: less expensive homes
- Eagletown, OK: less expensive homes
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- Garden, AL: less expensive homes
- Three Rivers, NY: less expensive homes
- Tower, MN: equally priced homes
- Troy, KS: less expensive homes
- Union, IL: equally priced homes
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