The Most Affordable Neighborhoods in Petersville, TX by Home Value

These days, finding an affordable place to live in the Petersville area can be challenging. Home prices in Petersville are now at a median cost of $172,233, lower than the Texas average of $322,096.

The average cost of rent is $934/mo in Petersville, primarily driven by the current value of real estate in the Petersville area. In Petersville, 35.36% of households rent, and 57.19% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Petersville is $4,761 per month. Households that rent pay about 19.62% of their income on rent here. Petersville’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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