The Most Affordable Neighborhoods in Palo Pinto County, TX by Home Value

 

Palo Pinto County, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Palo Pinto County area can be challenging. Home prices in Palo Pinto County are now at a median cost of $201,001, lower than the Texas average of $322,096.

The average cost of rent is $1,226/mo in Palo Pinto County, primarily driven by the current value of real estate in the Palo Pinto County area. In Palo Pinto County, 28.98% of households rent, and 61.44% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Palo Pinto County is $5,904 per month. Households that rent pay about 20.77% of their income on rent here. Palo Pinto County’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the county.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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