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Affordable
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These days, finding an affordable place to live in the Palisades area can be challenging. Home prices in Palisades are now at a median cost of $403,255, higher than the Texas average of $322,096.
The average cost of rent is $994/mo in Palisades, primarily driven by the current value of real estate in the Palisades area. In Palisades, 5.55% of households rent, and 56.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Palisades is $9,768 per month. Households that rent pay about 10.17% of their income on rent here. Palisades’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Timbercreek Canyon, TX: less expensive homes
- Lake Tanglewood, TX: equally priced homes
- Canyon, TX: less expensive homes
- Amarillo, TX: less expensive homes
- Bushland, TX: higher priced homes
- Umbarger, TX: equally priced homes
- Claude, TX: less expensive homes
- Wildorado, TX: less expensive homes
- South Brice, TX: less expensive homes
- Howardwick, TX: less expensive homes
Cities with Similar Populations
- Seneca, OR: less expensive homes
- Mathews, LA: less expensive homes
- McCol Place, IN: less expensive homes
- McCracken, KS: less expensive homes
- Ruby Corner, NY: less expensive homes
- Ryde, CA: higher priced homes
- Sandgate, VT: less expensive homes
- Sartinsville, MS: less expensive homes
- Schubert, MO: less expensive homes
- Scott, GA: less expensive homes
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