
Expensive
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These days, finding an affordable place to live in the Permian Estates area can be challenging. Home prices in Permian Estates are now at a median cost of $216,801, lower than the Midland average of $326,804.
The average cost of rent is $1,529/mo in Permian Estates, primarily driven by the current value of real estate in the Permian Estates area. In Permian Estates, 49.16% of households rent, and 42.74% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Permian Estates is $9,828 per month. Households that rent pay about 15.56% of their income on rent here. Permian Estates’s most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Wilshire Park, Midland, TX: higher priced homes
- Wydewood Estates, Midland, TX: higher priced homes
- Bonham, San Angelo, TX: higher priced homes
- Angelo Heights, San Angelo, TX: less expensive homes
- Southland, San Angelo, TX: higher priced homes
- Central, San Angelo, TX: less expensive homes
- College Hills, San Angelo, TX: equally priced homes
- Santa Rita, San Angelo, TX: equally priced homes
- Reagan, San Angelo, TX: less expensive homes
- Fort Concho, San Angelo, TX: less expensive homes
Neighborhoods with Similar Populations
- Meador Park, Springfield, MO: less expensive homes
- South Rose Hill, Kirkland, WA: higher priced homes
- South Post, Fort Belvoir, VA: higher priced homes
- Northwest Everett, Everett, WA: higher priced homes
- Northeast, Tampa, FL: equally priced homes
- North University, Austin, TX: higher priced homes
- North Amherst, Amherst, MA: higher priced homes
- New Bethel, Indianapolis, IN: higher priced homes
- Neshaminy Valley, Bensalem, PA: higher priced homes
- Myers, Tucson, AZ: equally priced homes
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