The Most Affordable Neighborhoods in Mount Lucas, TX by Home Value

These days, finding an affordable place to live in the Mount Lucas area can be challenging. Home prices in Mount Lucas are now at a median cost of $125,305, lower than the Texas average of $322,096.

The average cost of rent is $1,069/mo in Mount Lucas, primarily driven by the current value of real estate in the Mount Lucas area. In Mount Lucas, 16.73% of households rent, and 82.20% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Mount Lucas is $5,496 per month. Households that rent pay about 19.45% of their income on rent here. Mount Lucas’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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