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Affordable
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These days, finding an affordable place to live in the Patrick area can be challenging. Home prices in Patrick are now at a median cost of $247,927, lower than the Texas average of $322,096.
The average cost of rent is $1,411/mo in Patrick, primarily driven by the current value of real estate in the Patrick area. In Patrick, 39.26% of households rent, and 45.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Patrick is $4,902 per month. Households that rent pay about 28.78% of their income on rent here. Patrick’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wilmer, TX: less expensive homes
- India, TX: higher priced homes
- Kleberg, TX: less expensive homes
- Ferris, TX: equally priced homes
- Hutchins, TX: equally priced homes
- Seagoville, TX: less expensive homes
- Combine, TX: higher priced homes
- Lancaster, TX: equally priced homes
- Bristol, TX: higher priced homes
- Red Oak, TX: higher priced homes
Cities with Similar Populations
- Shivwits, UT: higher priced homes
- Kettle, KY: less expensive homes
- Kevin, MT: less expensive homes
- Keystone, NE: equally priced homes
- Kibler, VA: less expensive homes
- Knowelhurst, NY: less expensive homes
- Sheridan, OH: less expensive homes
- Sherwood, MD: higher priced homes
- Shibboleth, MO: less expensive homes
- Shieldsburg, PA: less expensive homes
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