The Most Affordable Neighborhoods in Palacios, TX by Home Value

 

Palacios, TX Map of Most Affordable Neighborhoods
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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 $143,913, lower than the Texas average of $235,268.

The average cost of rent is $735/mo in Palacios, primarily driven by the current value of real estate in the Palacios area. While nearly 76.06% of residents own their homes outright in Palacios, 26.25% rent.

Housing affordability isn’t just about home prices, though. The average household income in Palacios is $4,810 per month. Households that rent pay about 15.27% of their income on rent here. Palacios's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.


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