The Most Affordable Neighborhoods in Papalote, TX by Home Value

These days, finding an affordable place to live in the Papalote area can be challenging. Home prices in Papalote are now at a median cost of $150,588, lower than the Texas average of $322,096.

The average cost of rent is $1,080/mo in Papalote, primarily driven by the current value of real estate in the Papalote area. In Papalote, 22.65% of households rent, and 81.41% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Papalote is $3,468 per month. Households that rent pay about 31.14% of their income on rent here. Papalote’s most expensive areas are in the southwestern regions, while the cheapest areas are in the western parts of the city.

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

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