The Most Affordable Neighborhoods in Study Butte, TX by Home Value

 

Study Butte, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Study Butte area can be challenging. Home prices in Study Butte are now at a median cost of $144,912, lower than the Texas average of $235,268.

The average cost of rent is $687/mo in Study Butte, primarily driven by the current value of real estate in the Study Butte area. While nearly 80.66% of residents own their homes outright in Study Butte, 25.91% rent.

Housing affordability isn’t just about home prices, though. The average household income in Study Butte is $3,316 per month. Households that rent pay about 20.73% of their income on rent here. Study Butte's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.


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