Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Phelan area can be challenging. Home prices in Phelan are now at a median cost of $160,080, lower than the Texas average of $235,268.
The average cost of rent is $1,341/mo in Phelan, primarily driven by the current value of real estate in the Phelan area. While nearly 60.65% of residents own their homes outright in Phelan, 18.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in Phelan is $5,673 per month. Households that rent pay about 23.64% of their income on rent here. Phelan's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Camp Swift, TX: less expensive homes
- Bastrop, TX: higher priced homes
- Utley, TX: higher priced homes
- Wyldwood, TX: equally priced homes
- Clearview, TX: higher priced homes
- Mc Dade, TX: equally priced homes
- Webberville, TX: higher priced homes
- Cedar Creek, TX: higher priced homes
- Paige, TX: higher priced homes
- Garfield, TX: equally priced homes
Cities with Similar Populations
- Kanawha, TX: higher priced homes
- Imogene, MN: higher priced homes
- Inland, NE: less expensive homes
- Iuka, KY: less expensive homes
- Jefferson, OK: less expensive homes
- Jewettville, NY: equally priced homes
- Jodie, WV: less expensive homes
- Johannesburg, CA: less expensive homes
- Joppa, IN: higher priced homes
- Judson, WV: equally priced homes
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