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These days, finding an affordable place to live in the Peniel area can be challenging. Home prices in Peniel are now at a median cost of $209,663, lower than the Texas average of $322,096.
The average cost of rent is $1,231/mo in Peniel, primarily driven by the current value of real estate in the Peniel area. In Peniel, 26.50% of households rent, and 55.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Peniel is $6,074 per month. Households that rent pay about 20.27% of their income on rent here. Peniel’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Tidwell, TX: higher priced homes
- Greenville, TX: equally priced homes
- Clinton, TX: higher priced homes
- Floyd, TX: higher priced homes
- Wolfe City, TX: higher priced homes
- Merit, TX: higher priced homes
- White Rock, TX: higher priced homes
- Celeste, TX: higher priced homes
- Caddo Mills, TX: higher priced homes
- Jacobia, TX: less expensive homes
Cities with Similar Populations
- Silver City, ID: higher priced homes
- Kentuckytown, TX: higher priced homes
- Keota, CO: higher priced homes
- Lake Delta, NY: higher priced homes
- Lake Shore, UT: higher priced homes
- Sherack, MN: higher priced homes
- Sherwood, OK: equally priced homes
- Shreve, KY: less expensive homes
- Shumway, AZ: higher priced homes
- Sickles Corner, PA: equally priced homes
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