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These days, finding an affordable place to live in the Morton Valley area can be challenging. Home prices in Morton Valley are now at a median cost of $149,218, lower than the Texas average of $322,096.
The average cost of rent is $872/mo in Morton Valley, primarily driven by the current value of real estate in the Morton Valley area. In Morton Valley, 12.20% of households rent, and 61.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Morton Valley is $7,132 per month. Households that rent pay about 12.23% of their income on rent here. Morton Valley’s most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Eastland, TX: higher priced homes
- Olden, TX: equally priced homes
- Mangum, TX: higher priced homes
- Sabanno, TX: less expensive homes
- Ranger, TX: less expensive homes
- Gunsight, TX: less expensive homes
- Dothan, TX: less expensive homes
- Cisco, TX: less expensive homes
- Staff, TX: higher priced homes
- Pleasant Hill, TX: less expensive homes
Cities with Similar Populations
- Spring Creek Colony, SD: less expensive homes
- Lane, TX: higher priced homes
- Las Cruces, CA: higher priced homes
- South Warsaw, NY: higher priced homes
- Speight, KY: less expensive homes
- Spencer, SD: higher priced homes
- Spencerville, MD: higher priced homes
- Spink, SD: higher priced homes
- Sprague, MO: higher priced homes
- Lamont, TN: higher priced homes
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