The Most Affordable Neighborhoods in Padgett, TX by Home Value

 

Padgett, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Padgett area can be challenging. Home prices in Padgett are now at a median cost of $78,487, lower than the Texas average of $235,268.

The average cost of rent is $535/mo in Padgett, primarily driven by the current value of real estate in the Padgett area. While nearly 72.31% of residents own their homes outright in Padgett, 28.00% rent.

Housing affordability isn’t just about home prices, though. The average household income in Padgett is $4,869 per month. Households that rent pay about 10.99% of their income on rent here. Padgett's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.


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