Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Rayland area can be challenging. Home prices in Rayland are now at a median cost of $94,288, lower than the Texas average of $235,268.
The average cost of rent is $685/mo in Rayland, primarily driven by the current value of real estate in the Rayland area. While nearly 72.34% of residents own their homes outright in Rayland, 28.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in Rayland is $4,229 per month. Households that rent pay about 16.21% of their income on rent here. Rayland's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Thalia, TX: less expensive homes
- Lockett, TX: higher priced homes
- Vernon, TX: less expensive homes
- Margaret, TX: less expensive homes
- Grayback, TX: equally priced homes
- Crowell, TX: less expensive homes
- Oklaunion, TX: equally priced homes
- Foard City, TX: less expensive homes
- Harrold, TX: equally priced homes
- Electra, TX: less expensive homes
Cities with Similar Populations
- Bernardo, NM: higher priced homes
- Bingham, NE: higher priced homes
- Binford, MS: less expensive homes
- Big Horn, MT: higher priced homes
- Big Bend, CA: higher priced homes
- Biddle, MT: higher priced homes
- Beverly Beach, OR: higher priced homes
- Bethany, TN: higher priced homes
- Berryville, MS: higher priced homes
- Birch Harbor, ME: higher priced homes
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