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These days, finding an affordable place to live in the Patman area can be challenging. Home prices in Patman are now at a median cost of $138,488, lower than the Texas average of $322,096.
The average cost of rent is $799/mo in Patman, primarily driven by the current value of real estate in the Patman area. In Patman, 8.56% of households rent, and 73.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Patman is $3,950 per month. Households that rent pay about 20.22% of their income on rent here. Patman’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hughes Springs, TX: higher priced homes
- Lanier, TX: less expensive homes
- Avinger, TX: less expensive homes
- Linden, TX: less expensive homes
- Jenkins, TX: equally priced homes
- Lone Star, TX: less expensive homes
- Lassater, TX: less expensive homes
- Daingerfield, TX: equally priced homes
- Orrs, TX: less expensive homes
- Warlock, TX: less expensive homes
Cities with Similar Populations
- Scheller, IL: equally priced homes
- Hodges, VA: higher priced homes
- Hollandale, WI: higher priced homes
- Hopeland, PA: higher priced homes
- Hopewell Center, NY: higher priced homes
- Howard, KS: less expensive homes
- Hyattsville, KY: higher priced homes
- Indianola, NE: less expensive homes
- Jakin, GA: less expensive homes
- Jennerstown, PA: higher priced homes
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