Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ranchos Penitas West area can be challenging. Home prices in Ranchos Penitas West are now at a median cost of $139,700, lower than the Texas average of $235,268.
The average cost of rent is $765/mo in Ranchos Penitas West, primarily driven by the current value of real estate in the Ranchos Penitas West area. While nearly 59.87% of residents own their homes outright in Ranchos Penitas West, 21.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ranchos Penitas West is $6,628 per month. Households that rent pay about 11.54% of their income on rent here. Ranchos Penitas West's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
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Cities with Similar Populations
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- New River, FL: equally priced homes
- New Rome, WI: higher priced homes
- Newark, IN: equally priced homes
- Prospect, MS: less expensive homes
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