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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 $136,771, lower than the Texas average of $322,096.
The average cost of rent is $562/mo in Padgett, primarily driven by the current value of real estate in the Padgett area. In Padgett, 19.71% of households rent, and 66.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Padgett is $5,929 per month. Households that rent pay about 9.47% of their income on rent here. Padgett’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Elbert, TX: less expensive homes
- Olney, TX: equally priced homes
- Megargel, TX: less expensive homes
- Round Timber, TX: higher priced homes
- Loving, TX: higher priced homes
- Markley, TX: higher priced homes
- Jermyn, TX: higher priced homes
- Antelope, TX: higher priced homes
- Goree, TX: less expensive homes
- Shannon, TX: higher priced homes
Cities with Similar Populations
- Pendleton, AR: less expensive homes
- Rinard Mills, OH: equally priced homes
- Rimmy Jims, AZ: less expensive homes
- Riggston, IL: less expensive homes
- Ridley, GA: equally priced homes
- Ridgeway, NJ: higher priced homes
- Ridgeway, MT: higher priced homes
- Richmondale, PA: higher priced homes
- Richland, WV: higher priced homes
- Poplar Grove, KY: equally priced homes
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