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Affordable
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These days, finding an affordable place to live in the South Hanlon area can be challenging. Home prices in South Hanlon are now at a median cost of $152,632, lower than the Texas average of $322,096.
The average cost of rent is $866/mo in South Hanlon, primarily driven by the current value of real estate in the South Hanlon area. In South Hanlon, 8.76% of households rent, and 72.23% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Hanlon is $5,743 per month. Households that rent pay about 15.09% of their income on rent here. South Hanlon’s most expensive areas are in the southern 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
- Breckenridge, TX: less expensive homes
- Eolian, TX: higher priced homes
- Crystal Falls, TX: higher priced homes
- Necessity, TX: higher priced homes
- Harpersville, TX: higher priced homes
- Ivan, TX: equally priced homes
- Caddo, TX: higher priced homes
- Albany, TX: higher priced homes
- Strawn, TX: higher priced homes
- Metcalf Gap, TX: higher priced homes
Cities with Similar Populations
- Mingo, OH: higher priced homes
- Mount Pleasant, WA: higher priced homes
- Mount Marion, NY: higher priced homes
- Mount George, AR: less expensive homes
- Mosherville, MI: higher priced homes
- Moshannon, PA: equally priced homes
- Morvant, LA: equally priced homes
- Morrill, KY: higher priced homes
- Montezuma, OH: higher priced homes
- Monroe, ME: higher priced homes
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