Home Price Key
Affordable
Average
Expensive
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 $175,985, lower than the Texas average of $235,268.
The average cost of rent is $1,036/mo in Peniel, primarily driven by the current value of real estate in the Peniel area. While nearly 57.86% of residents own their homes outright in Peniel, 36.46% rent.
Housing affordability isn’t just about home prices, though. The average household income in Peniel is $4,976 per month. Households that rent pay about 20.83% of their income on rent here. Peniel's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Tidwell, TX: equally priced homes
- Greenville, TX: less expensive homes
- Clinton, TX: higher priced homes
- Floyd, TX: higher priced homes
- Wolfe City, TX: equally priced homes
- Merit, TX: higher priced homes
- White Rock, TX: less expensive homes
- Celeste, TX: less expensive homes
- Caddo Mills, TX: less expensive 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: equally priced homes
- Sherwood, OK: less expensive homes
- Shreve, KY: less expensive homes
- Shumway, AZ: equally priced homes
- Sickles Corner, PA: equally priced homes
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