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These days, finding an affordable place to live in the Petrolia area can be challenging. Home prices in Petrolia are now at a median cost of $118,312, lower than the Texas average of $322,096.
The average cost of rent is $929/mo in Petrolia, primarily driven by the current value of real estate in the Petrolia area. In Petrolia, 15.54% of households rent, and 59.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Petrolia is $5,670 per month. Households that rent pay about 16.39% of their income on rent here. Petrolia’s most expensive areas are in the northwestern 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.
Nearby Cities
- Byers, TX: higher priced homes
- Hurnville, TX: higher priced homes
- Dean, TX: higher priced homes
- Taylor, OK: less expensive homes
- Stanfield, TX: higher priced homes
- Cashion Community, TX: higher priced homes
- Ryan, OK: less expensive homes
- Sheppard Afb, TX: higher priced homes
- Waurika, OK: less expensive homes
- Sugden, OK: less expensive homes
Cities with Similar Populations
- White Branch, MO: higher priced homes
- Five Points, GA: equally priced homes
- Flatwoods, VA: higher priced homes
- Flensburg, MN: higher priced homes
- Fox, AR: higher priced homes
- Frontenac, NY: higher priced homes
- Garner, AR: higher priced homes
- Wilkinson, TX: higher priced homes
- Wiley, GA: higher priced homes
- Wibaux, MT: less expensive homes
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