The Most Affordable Neighborhoods in Pine Island, TX by Home Value

 

Pine Island, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Pine Island area can be challenging. Home prices in Pine Island are now at a median cost of $239,400, lower than the Texas average of $322,096.

The average cost of rent is $899/mo in Pine Island, primarily driven by the current value of real estate in the Pine Island area. In Pine Island, 32.20% of households rent, and 59.45% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Pine Island is $4,638 per month. Households that rent pay about 19.39% of their income on rent here. Pine Island’s most expensive areas are in the central 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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