The Most Affordable Neighborhoods in Mustang-Padre Island, Corpus Christi, TX by Home Value

 

Mustang-Padre Island, Corpus Christi, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mustang-Padre Island area can be challenging. Home prices in Mustang-Padre Island are now at a median cost of $364,976, higher than the Corpus Christi average of $179,583.

The average cost of rent is $1,886/mo in Mustang-Padre Island, primarily driven by the current value of real estate in the Mustang-Padre Island area. While nearly 38.11% of residents own their homes outright in Mustang-Padre Island, 29.47% rent.

Housing affordability isn’t just about home prices, though. The average household income in Mustang-Padre Island is $8,808 per month. Households that rent pay about 21.42% of their income on rent here. Mustang-Padre Island's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the neighborhood.


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