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Affordable
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These days, finding an affordable place to live in the Sheldon area can be challenging. Home prices in Sheldon are now at a median cost of $218,922, lower than the Texas average of $322,096.
The average cost of rent is $1,750/mo in Sheldon, primarily driven by the current value of real estate in the Sheldon area. In Sheldon, 46.34% of households rent, and 44.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sheldon is $5,508 per month. Households that rent pay about 31.77% of their income on rent here. Sheldon’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Magnolia Gardens, TX: higher priced homes
- Channelview, TX: less expensive homes
- Barrett, TX: equally priced homes
- Cloverleaf, TX: less expensive homes
- Highlands, TX: equally priced homes
- Crosby, TX: higher priced homes
- Lynchburg, TX: less expensive homes
- Jacinto City, TX: less expensive homes
- Atascocita, TX: higher priced homes
- Galena Park, TX: less expensive homes
Cities with Similar Populations
- Peshastin, WA: higher priced homes
- Honey Grove, TX: equally priced homes
- Jonestown, TX: higher priced homes
- Junction City, OH: equally priced homes
- Albion, IL: less expensive homes
- Keysville, VA: less expensive homes
- Kuttawa, KY: less expensive homes
- Labadieville, LA: less expensive homes
- Lacon, IL: less expensive homes
- Lake City, TN: equally priced homes
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