Expensive
Affordable
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These days, finding an affordable place to live in the Powell area can be challenging. Home prices in Powell are now at a median cost of $142,017, lower than the Texas average of $322,096.
The average cost of rent is $1,064/mo in Powell, primarily driven by the current value of real estate in the Powell area. In Powell, 29.05% of households rent, and 49.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Powell is $7,396 per month. Households that rent pay about 14.39% of their income on rent here. Powell’s most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Roane, TX: less expensive homes
- Kerens, TX: higher priced homes
- Elm Flat, TX: higher priced homes
- Goodlow, TX: higher priced homes
- Chatfield, TX: less expensive homes
- Mildred, TX: higher priced homes
- Eureka, TX: higher priced homes
- Corsicana, TX: higher priced homes
- Tool, TX: higher priced homes
- Round Prairie, TX: higher priced homes
Cities with Similar Populations
- Pelican Lake, WI: higher priced homes
- Portage Des Sioux, MO: higher priced homes
- Plumwood, OH: higher priced homes
- Plum Orchard, WV: equally priced homes
- Piney Grove, DE: higher priced homes
- Pine Valley, NJ: higher priced homes
- Pine Hill, KY: less expensive homes
- Pilgrim, KY: less expensive homes
- Pigeon Falls, WI: higher priced homes
- Pierce, OK: higher priced homes
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