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These days, finding an affordable place to live in the Progreso Lakes area can be challenging. Home prices in Progreso Lakes are now at a median cost of $218,880, lower than the Texas average of $322,096.
The average cost of rent is $953/mo in Progreso Lakes, primarily driven by the current value of real estate in the Progreso Lakes area. In Progreso Lakes, 11.68% of households rent, and 67.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Progreso Lakes is $5,398 per month. Households that rent pay about 17.65% of their income on rent here. Progreso Lakes’s most expensive areas are in the central 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
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Cities with Similar Populations
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- Orrs Island, ME: higher priced homes
- Orton Hill, TX: equally priced homes
- Orum, SC: less expensive homes
- Olmsted, IL: less expensive homes
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