Expensive
Affordable
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These days, finding an affordable place to live in the Schroeder area can be challenging. Home prices in Schroeder are now at a median cost of $297,080, lower than the Texas average of $322,096.
The average cost of rent is $664/mo in Schroeder, primarily driven by the current value of real estate in the Schroeder area. In Schroeder, 9.77% of households rent, and 62.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Schroeder is $7,914 per month. Households that rent pay about 8.40% of their income on rent here. Schroeder’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern 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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