Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the South Plains area can be challenging. Home prices in South Plains are now at a median cost of $120,769, lower than the Texas average of $235,268.
The average cost of rent is $754/mo in South Plains, primarily driven by the current value of real estate in the South Plains area. While nearly 85.54% of residents own their homes outright in South Plains, 21.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in South Plains is $5,500 per month. Households that rent pay about 13.72% of their income on rent here. South Plains's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Muncy, TX: equally priced homes
- Sterley, TX: equally priced homes
- Lockney, TX: less expensive homes
- Flomot, TX: less expensive homes
- Quitaque, TX: equally priced homes
- Whiteflat, TX: less expensive homes
- Seth Ward, TX: equally priced homes
- Turkey, TX: less expensive homes
- Plainview, TX: less expensive homes
- Kress, TX: equally priced homes
Cities with Similar Populations
- Oxford, WV: higher priced homes
- Pine, PA: higher priced homes
- Paradise Hill, NV: higher priced homes
- Pansy, PA: equally priced homes
- Pandale, TX: higher priced homes
- Palermo, IL: less expensive homes
- Painton, MO: less expensive homes
- Pahrump, CA: higher priced homes
- Ozark, MI: less expensive homes
- Piper, IA: less expensive homes
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