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Affordable
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These days, finding an affordable place to live in the Palava area can be challenging. Home prices in Palava are now at a median cost of $134,085, lower than the Texas average of $322,096.
The average cost of rent is $627/mo in Palava, primarily driven by the current value of real estate in the Palava area. In Palava, 12.10% of households rent, and 68.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Palava is $6,521 per month. Households that rent pay about 9.61% of their income on rent here. Palava’s most expensive areas are in the southeastern 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
- Sweetwater, TX: less expensive homes
- Trent, TX: higher priced homes
- Roscoe, TX: equally priced homes
- Wastella, TX: less expensive homes
- Noodle, TX: higher priced homes
- Hobbs, TX: equally priced homes
- Merkel, TX: equally priced homes
- Hermleigh, TX: higher priced homes
- Stith, TX: equally priced homes
- Hodges, TX: higher priced homes
Cities with Similar Populations
- Shady Nook, IN: higher priced homes
- Mauzy, IN: higher priced homes
- Mays, IN: higher priced homes
- Maysville, IN: higher priced homes
- McBride, OK: higher priced homes
- McSwain, MS: higher priced homes
- Meco, NY: higher priced homes
- Medart, FL: higher priced homes
- Sedalia, SC: less expensive homes
- Seney, IA: higher priced homes
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