The Most Affordable Neighborhoods in Permian Estates, Midland, TX by Home Value

 

Permian Estates, Midland, TX Map of Most Affordable Neighborhoods
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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 $182,908, lower than the Midland average of $282,969.

The average cost of rent is $1,413/mo in Permian Estates, primarily driven by the current value of real estate in the Permian Estates area. While nearly 46.22% of residents own their homes outright in Permian Estates, 35.37% rent.

Housing affordability isn’t just about home prices, though. The average household income in Permian Estates is $8,379 per month. Households that rent pay about 16.87% of their income on rent here. Permian Estates's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the neighborhood.


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