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These days, finding an affordable place to live in the Phillips area can be challenging. Home prices in Phillips are now at a median cost of $155,900, lower than the Texas average of $322,096.
The average cost of rent is $906/mo in Phillips, primarily driven by the current value of real estate in the Phillips area. In Phillips, 8.99% of households rent, and 53.70% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Phillips is $9,423 per month. Households that rent pay about 9.62% of their income on rent here. Phillips’s most expensive areas are in the eastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Texroy, TX: equally priced homes
- Borger, TX: less expensive homes
- Dial, TX: higher priced homes
- Bunavista, TX: higher priced homes
- Philrich, TX: higher priced homes
- Skellytown, TX: less expensive homes
- Sanford, TX: equally priced homes
- Fritch, TX: less expensive homes
- Pampa, TX: less expensive homes
- Masterson, TX: higher priced homes
Cities with Similar Populations
- Ledoux, NM: equally priced homes
- Lambert, OK: less expensive homes
- Lamira, OH: higher priced homes
- Lanesport, AR: less expensive homes
- Lantz, WV: higher priced homes
- Larue, AR: higher priced homes
- Las Tablas, NM: higher priced homes
- Latcha, OH: higher priced homes
- Laubachs, PA: higher priced homes
- Lawson, CO: higher priced homes
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