Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Pelican Bay area can be challenging. Home prices in Pelican Bay are now at a median cost of $141,299, lower than the Texas average of $235,268.
The average cost of rent is $1,017/mo in Pelican Bay, primarily driven by the current value of real estate in the Pelican Bay area. While nearly 44.60% of residents own their homes outright in Pelican Bay, 27.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in Pelican Bay is $5,597 per month. Households that rent pay about 18.17% of their income on rent here. Pelican Bay's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Azle, TX: higher priced homes
- Sanctuary, TX: higher priced homes
- Pecan Acres, TX: higher priced homes
- Newark, TX: higher priced homes
- Briar, TX: higher priced homes
- Lakeside, TX: higher priced homes
- Haslet, TX: higher priced homes
- Lake Worth, TX: higher priced homes
- Aurora, TX: higher priced homes
- Saginaw, TX: higher priced homes
Cities with Similar Populations
- Richwood, WV: less expensive homes
- Livermore, KY: less expensive homes
- Logansport, LA: less expensive homes
- Lookout Mountain, TN: higher priced homes
- Adamstown, PA: higher priced homes
- Malta, MT: equally priced homes
- Malvern, AL: less expensive homes
- McGregor, MN: higher priced homes
- Monetta, SC: less expensive homes
- Monona, IA: equally priced homes
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