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These days, finding an affordable place to live in the Ridgeway area can be challenging. Home prices in Ridgeway are now at a median cost of $242,921, lower than the Texas average of $322,096.
The average cost of rent is $899/mo in Ridgeway, primarily driven by the current value of real estate in the Ridgeway area. In Ridgeway, 11.56% of households rent, and 72.09% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ridgeway is $7,658 per month. Households that rent pay about 11.74% of their income on rent here. Ridgeway’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Emblem, TX: equally priced homes
- Cumby, TX: less expensive homes
- Brashear, TX: less expensive homes
- Horton, TX: less expensive homes
- Peerless, TX: equally priced homes
- Arbala, TX: higher priced homes
- Commerce, TX: less expensive homes
- Campbell, TX: equally priced homes
- Jardin, TX: less expensive homes
- Sulphur Springs, TX: less expensive homes
Cities with Similar Populations
- Leon, NY: less expensive homes
- Woodruff, AZ: higher priced homes
- Wounded Knee, SD: less expensive homes
- Long Barn, CA: higher priced homes
- Wyola, MT: less expensive homes
- Lockridge, IA: less expensive homes
- Little Sturgeon, WI: higher priced homes
- Linn, KS: less expensive homes
- Linden, IA: higher priced homes
- Level Run, VA: less expensive homes
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