Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Panhandle area can be challenging. Home prices in Panhandle are now at a median cost of $109,835, lower than the Texas average of $235,268.
The average cost of rent is $1,036/mo in Panhandle, primarily driven by the current value of real estate in the Panhandle area. While nearly 51.97% of residents own their homes outright in Panhandle, 19.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in Panhandle is $7,034 per month. Households that rent pay about 14.74% of their income on rent here. Panhandle's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Lark, TX: equally priced homes
- White Deer, TX: equally priced homes
- Washburn, TX: higher priced homes
- Groom, TX: higher priced homes
- Kingsmill, TX: higher priced homes
- Jericho, TX: higher priced homes
- Bishop Hills, TX: higher priced homes
- Lefors, TX: less expensive homes
- Alanreed, TX: higher priced homes
- McLean, TX: less expensive homes
Cities with Similar Populations
- Bel-Ridge, MO: less expensive homes
- South Fallsburg, NY: higher priced homes
- Tutwiler, MS: less expensive homes
- Madison, NE: equally priced homes
- Ucon, ID: higher priced homes
- Wagram, NC: equally priced homes
- Le Roy, MI: higher priced homes
- West Monroe, NY: higher priced homes
- Johnsonburg, PA: less expensive homes
- Gorham, NH: higher priced homes
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