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Affordable
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These days, finding an affordable place to live in the Sour Lake area can be challenging. Home prices in Sour Lake are now at a median cost of $240,586, lower than the Texas average of $322,096.
The average cost of rent is $1,203/mo in Sour Lake, primarily driven by the current value of real estate in the Sour Lake area. In Sour Lake, 14.70% of households rent, and 53.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sour Lake is $9,590 per month. Households that rent pay about 12.55% of their income on rent here. Sour Lake’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pine Ridge, TX: less expensive homes
- Bevil Oaks, TX: equally priced homes
- China, TX: less expensive homes
- Voth, TX: equally priced homes
- Nome, TX: less expensive homes
- Rose Hill Acres, TX: equally priced homes
- Saratoga, TX: less expensive homes
- Lumberton, TX: higher priced homes
- Batson, TX: less expensive homes
- Beaumont, TX: less expensive homes
Cities with Similar Populations
- Fort Defiance, AZ: less expensive homes
- Tennille, GA: less expensive homes
- Telford, TN: equally priced homes
- Factoryville, PA: equally priced homes
- Tazewell, VA: less expensive homes
- Taylorsville, MS: less expensive homes
- Success, MO: less expensive homes
- Stuart, VA: less expensive homes
- Stowe, VT: higher priced homes
- Foley, MO: less expensive homes
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