Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Rhonesboro area can be challenging. Home prices in Rhonesboro are now at a median cost of $165,198, lower than the Texas average of $235,268.
The average cost of rent is $822/mo in Rhonesboro, primarily driven by the current value of real estate in the Rhonesboro area. While nearly 57.83% of residents own their homes outright in Rhonesboro, 8.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in Rhonesboro is $5,007 per month. Households that rent pay about 16.42% of their income on rent here. Rhonesboro's most expensive areas are in the western regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Holly Lake Ranch, TX: higher priced homes
- Grice, TX: equally priced homes
- Rosewood, TX: less expensive homes
- Little Hope, TX: higher priced homes
- Latch, TX: equally priced homes
- Pine Mills, TX: equally priced homes
- Big Sandy, TX: less expensive homes
- East Point, TX: equally priced homes
- Hawkins, TX: less expensive homes
- Piney Grove, TX: less expensive homes
Cities with Similar Populations
- Lena, LA: less expensive homes
- Sawyers Mill, TN: less expensive homes
- Saratoga, KS: less expensive homes
- Sapa, MS: less expensive homes
- Sand Springs, KY: less expensive homes
- Salt Springs, FL: less expensive homes
- Manack, AL: less expensive homes
- Madry, MO: higher priced homes
- Lulu, MO: less expensive homes
- Loco, OK: less expensive homes
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