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Affordable
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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 $437,997, higher than the Texas average of $322,096.
The average cost of rent is $1,101/mo in Morris Ranch, primarily driven by the current value of real estate in the Morris Ranch area. In Morris Ranch, 23.35% of households rent, and 68.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Morris Ranch is $6,980 per month. Households that rent pay about 15.78% of their income on rent here. Morris Ranch’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Tivydale, TX: less expensive homes
- Legion, TX: less expensive homes
- Kerrville, TX: less expensive homes
- Cain City, TX: higher priced homes
- Ingram, TX: less expensive homes
- Fredericksburg, TX: higher priced homes
- Harper, TX: equally priced homes
- Luckenbach, TX: less expensive homes
- Blumenthal, TX: equally priced homes
- Hunt, TX: less expensive homes
Cities with Similar Populations
- Valmeyer, IL: less expensive homes
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- Garden, AL: less expensive homes
- Three Rivers, NY: less expensive homes
- Tower, MN: less expensive homes
- Troy, KS: less expensive homes
- Union, IL: less expensive homes
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