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Affordable
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These days, finding an affordable place to live in the Palmhurst area can be challenging. Home prices in Palmhurst are now at a median cost of $352,598, higher than the Texas average of $322,096.
The average cost of rent is $1,033/mo in Palmhurst, primarily driven by the current value of real estate in the Palmhurst area. In Palmhurst, 26.61% of households rent, and 47.15% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Palmhurst is $11,236 per month. Households that rent pay about 9.19% of their income on rent here. Palmhurst’s most expensive areas are in the northeastern 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
- Alton, TX: less expensive homes
- Mission, TX: less expensive homes
- McAllen, TX: less expensive homes
- Palmview, TX: less expensive homes
- Palmview South, TX: less expensive homes
- Madero, TX: less expensive homes
- Granjeno, TX: less expensive homes
- Edinburg, TX: less expensive homes
- Lopezville, TX: less expensive homes
- Pharr, TX: less expensive homes
Cities with Similar Populations
- Union Grove, AL: less expensive homes
- Success, MO: less expensive homes
- Unicoi, TN: less expensive homes
- Travis Afb, CA: higher priced homes
- Stonington, CT: higher priced homes
- Sunderland, MD: higher priced homes
- Stowe, VT: higher priced homes
- Norman Park, GA: less expensive homes
- Dresden, TN: less expensive homes
- Dry Fork, VA: less expensive homes
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