Home Price Key
Affordable
Average
Expensive
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 $113,140, lower than the Texas average of $235,268.
The average cost of rent is $761/mo in Pelham, primarily driven by the current value of real estate in the Pelham area. While nearly 54.22% of residents own their homes outright in Pelham, 5.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in Pelham is $4,900 per month. Households that rent pay about 15.52% of their income on rent here. Pelham's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Spring Hill, TX: equally priced homes
- Dawson, TX: less expensive homes
- Dresden, TX: less expensive homes
- Frost, TX: equally priced homes
- Purdon, TX: equally 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: less expensive homes
Cities with Similar Populations
- Gem, KS: equally priced homes
- Glenvar, VA: higher priced homes
- Glencoe, AR: less expensive homes
- Glen Haven, WI: higher priced homes
- Gilliam, MO: higher priced homes
- Gilboa, WV: less expensive homes
- Gifford, SC: less expensive homes
- Gibisonville, OH: higher priced homes
- Geneseo, KS: less expensive homes
- Glenwood, MO: less expensive homes
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