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 $417,726, higher than the Corpus Christi average of $231,103.

The average cost of rent is $2,213/mo in Mustang-Padre Island, primarily driven by the current value of real estate in the Mustang-Padre Island area. In Mustang-Padre Island, 23.01% of households rent, and 36.97% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Mustang-Padre Island is $10,787 per month. Households that rent pay about 20.52% of their income on rent here. Mustang-Padre Island’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the neighborhood.

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


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