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These days, finding an affordable place to live in the Palacios area can be challenging. Home prices in Palacios are now at a median cost of $232,643, lower than the Texas average of $322,096.
The average cost of rent is $841/mo in Palacios, primarily driven by the current value of real estate in the Palacios area. In Palacios, 16.07% of households rent, and 74.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Palacios is $6,365 per month. Households that rent pay about 13.22% of their income on rent here. Palacios’s most expensive areas are in the northern 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
- Collegeport, TX: higher priced homes
- Blessing, TX: less expensive homes
- Francitas, TX: higher priced homes
- Elmaton, TX: less expensive homes
- Port Alto, TX: higher priced homes
- Weedhaven, TX: higher priced homes
- Olivia, TX: higher priced homes
- La Ward, TX: equally priced homes
- Matagorda, TX: higher priced homes
- Wadsworth, TX: equally priced homes
Cities with Similar Populations
- Jasper, TN: less expensive homes
- Kaser, NY: higher priced homes
- Kaneohe Station, HI: higher priced homes
- Kanab, UT: higher priced homes
- Judsonia, AR: less expensive homes
- Jones, OK: higher priced homes
- Jefferson, OH: less expensive homes
- Jefferson Manor, VA: higher priced homes
- Jay, OK: less expensive homes
- Kayenta, AZ: less expensive homes
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