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Affordable
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These days, finding an affordable place to live in the Old Salem area can be challenging. Home prices in Old Salem are now at a median cost of $82,600, lower than the Texas average of $322,096.
The average cost of rent is $931/mo in Old Salem, primarily driven by the current value of real estate in the Old Salem area. In Old Salem, 13.88% of households rent, and 56.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Old Salem is $4,308 per month. Households that rent pay about 21.62% of their income on rent here. Old Salem’s most expensive areas are in the northern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Trout Creek, TX: equally priced homes
- Fawil, TX: equally priced homes
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- Fields, LA: higher priced homes
- Kirbyville, TX: higher priced homes
- Buna, TX: higher priced homes
- Bivens, LA: equally priced homes
- Bleakwood, TX: higher priced homes
- Dequincy, LA: higher priced homes
- Singer, LA: higher priced homes
Cities with Similar Populations
- Mehan, OK: higher priced homes
- Maysfield, TX: higher priced homes
- Mc Connell, IL: higher priced homes
- McAllister, WI: higher priced homes
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- McRaney, MS: higher priced homes
- Mechanicsville, PA: higher priced homes
- Mecklenburg, NY: higher priced homes
- Meehan, WI: higher priced homes
- Maxwell, NM: higher priced homes
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