Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Pharr area can be challenging. Home prices in Pharr are now at a median cost of $92,480, lower than the Texas average of $235,268.
The average cost of rent is $807/mo in Pharr, primarily driven by the current value of real estate in the Pharr area. While nearly 66.53% of residents own their homes outright in Pharr, 42.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in Pharr is $3,637 per month. Households that rent pay about 22.19% of their income on rent here. Pharr's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- San Juan, TX: equally priced homes
- Alamo, TX: less expensive homes
- McAllen, TX: higher priced homes
- Lopezville, TX: higher priced homes
- Hidalgo, TX: higher priced homes
- El Gato, TX: higher priced homes
- Granjeno, TX: higher priced homes
- Palmhurst, TX: higher priced homes
- Donna, TX: less expensive homes
- Muniz, TX: less expensive homes
Cities with Similar Populations
- Bloomington, IL: higher priced homes
- Birmingham, AL: higher priced homes
- Brownsville, TX: higher priced homes
- Broomfield, CO: higher priced homes
- Bismarck, ND: higher priced homes
- Bronx, NY: higher priced homes
- Broken Arrow, OK: higher priced homes
- Bossier City, LA: higher priced homes
- Bothell, WA: higher priced homes
- Boulder, CO: higher priced homes
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