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These days, finding an affordable place to live in the Stratton area can be challenging. Home prices in Stratton are now at a median cost of $267,094, lower than the Texas average of $322,096.
The average cost of rent is $644/mo in Stratton, primarily driven by the current value of real estate in the Stratton area. In Stratton, 31.70% of households rent, and 78.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Stratton is $5,766 per month. Households that rent pay about 11.16% of their income on rent here. Stratton’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
- Utica, IL: less expensive homes
- Green Spring, KY: higher priced homes
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- Haines, OR: higher priced homes
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- Hamilton, KY: equally priced homes
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- Volga, KY: less expensive homes
- Virginville, PA: higher priced homes
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