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Affordable
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These days, finding an affordable place to live in the Murray area can be challenging. Home prices in Murray are now at a median cost of $146,465, lower than the Texas average of $322,096.
The average cost of rent is $620/mo in Murray, primarily driven by the current value of real estate in the Murray area. In Murray, 15.61% of households rent, and 68.52% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Murray is $6,179 per month. Households that rent pay about 10.03% of their income on rent here. Murray’s most expensive areas are in the southern 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
- Woodson, TX: less expensive homes
- Proffit, TX: less expensive homes
- Eliasville, TX: higher priced homes
- Lusk, TX: equally priced homes
- South Bend, TX: higher priced homes
- Newcastle, TX: equally priced homes
- Throckmorton, TX: less expensive homes
- Graham, TX: higher priced homes
- Bunger, TX: higher priced homes
- Fort Griffin, TX: less expensive homes
Cities with Similar Populations
- Kino, KY: higher priced homes
- Kemp, IL: less expensive homes
- Kempster, WI: higher priced homes
- Kenaston, ND: higher priced homes
- Kenton, MI: less expensive homes
- Kentwood, IN: equally priced homes
- Keslers Cross Lanes, WV: less expensive homes
- Key, AL: higher priced homes
- Kidley, IL: equally priced homes
- Kilbourn, IA: less expensive homes
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