Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Otto area can be challenging. Home prices in Otto are now at a median cost of $254,975, lower than the Texas average of $322,096.
The average cost of rent is $1,053/mo in Otto, primarily driven by the current value of real estate in the Otto area. In Otto, 17.14% of households rent, and 54.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Otto is $6,663 per month. Households that rent pay about 15.80% of their income on rent here. Otto’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Marlin, TX: less expensive homes
- Rocky Hill, TX: less expensive homes
- McClanahan, TX: less expensive homes
- Reagan, TX: equally priced homes
- Pleasant Grove, TX: less expensive homes
- Travis, TX: less expensive homes
- Chilton, TX: less expensive homes
- Lott, TX: less expensive homes
- Satin, TX: less expensive homes
- Wilderville, TX: less expensive homes
Cities with Similar Populations
- Germantown, KY: less expensive homes
- Frierson, LA: less expensive homes
- Castor, LA: less expensive homes
- Casstown, OH: equally priced homes
- Bushland, TX: higher priced homes
- Buena, WA: equally priced homes
- Boothsville, WV: less expensive homes
- Bolivar, PA: less expensive homes
- Blooming Grove, TX: less expensive homes
- Birchwood Lakes, PA: less expensive homes
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