Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Shallowater area can be challenging. Home prices in Shallowater are now at a median cost of $150,541, lower than the Texas average of $235,268.
The average cost of rent is $855/mo in Shallowater, primarily driven by the current value of real estate in the Shallowater area. While nearly 51.97% of residents own their homes outright in Shallowater, 20.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shallowater is $5,072 per month. Households that rent pay about 16.86% of their income on rent here. Shallowater's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Roundup, TX: equally priced homes
- New Deal, TX: less expensive homes
- West Carlisle, TX: less expensive homes
- Lubbock, TX: higher priced homes
- Smyer, TX: less expensive homes
- Anton, TX: less expensive homes
- Wolfforth, TX: higher priced homes
- Opdyke, TX: less expensive homes
- Idalou, TX: equally priced homes
- Opdyke West, TX: less expensive homes
Cities with Similar Populations
- Hampton, IA: less expensive homes
- Guayama, PR: less expensive homes
- Guerneville, CA: higher priced homes
- Guilderland, NY: higher priced homes
- Gulf Park Estates, MS: higher priced homes
- Gun Barrel City, TX: higher priced homes
- Guntown, MS: equally priced homes
- Gwinn, MI: less expensive homes
- Hadley, MA: higher priced homes
- Hainesport, NJ: higher priced homes
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