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These days, finding an affordable place to live in the Slaton area can be challenging. Home prices in Slaton are now at a median cost of $139,163, lower than the Texas average of $322,096.
The average cost of rent is $977/mo in Slaton, primarily driven by the current value of real estate in the Slaton area. In Slaton, 20.95% of households rent, and 54.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Slaton is $4,771 per month. Households that rent pay about 20.48% of their income on rent here. Slaton’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ransom Canyon, TX: higher priced homes
- Buffalo Springs, TX: higher priced homes
- Southland, TX: higher priced homes
- Robertson, TX: equally priced homes
- Wilson, TX: higher priced homes
- Savage, TX: less expensive homes
- Lubbock, TX: higher priced homes
- New Home, TX: higher priced homes
- Owens, TX: less expensive homes
- Wolfforth, TX: higher priced homes
Cities with Similar Populations
- Ebensburg, PA: higher priced homes
- Westminster, MA: higher priced homes
- Weston, WV: less expensive homes
- Enoch, UT: higher priced homes
- Emerson, NJ: higher priced homes
- Elsmere, DE: higher priced homes
- Elsa, TX: less expensive homes
- Elon College, NC: higher priced homes
- Elma, WA: higher priced homes
- Elm City, NC: higher priced homes
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