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These days, finding an affordable place to live in the Pelham area can be challenging. Home prices in Pelham are now at a median cost of $163,776, lower than the Texas average of $322,096.
The average cost of rent is $1,387/mo in Pelham, primarily driven by the current value of real estate in the Pelham area. In Pelham, 17.89% of households rent, and 48.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pelham is $5,914 per month. Households that rent pay about 23.45% of their income on rent here. Pelham’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Spring Hill, TX: equally priced homes
- Dawson, TX: equally priced homes
- Dresden, TX: equally priced homes
- Frost, TX: equally priced homes
- Purdon, TX: higher priced homes
- Irene, TX: higher priced homes
- Lone Cedar, TX: equally priced homes
- Hubbard, TX: less expensive homes
- Malone, TX: equally priced homes
- Blooming Grove, TX: equally priced homes
Cities with Similar Populations
- Gem, KS: equally priced homes
- Glenvar, VA: higher priced homes
- Glencoe, AR: less expensive homes
- Glen Haven, WI: equally priced homes
- Gilliam, MO: less expensive homes
- Gilboa, WV: equally priced homes
- Gifford, SC: less expensive homes
- Gibisonville, OH: equally priced homes
- Geneseo, KS: less expensive homes
- Glenwood, MO: less expensive homes
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