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 $213,353, lower than the Texas average of $322,096.

The average cost of rent is $848/mo in Study Butte, primarily driven by the current value of real estate in the Study Butte area. In Study Butte, 50.33% of households rent, and 81.84% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Study Butte is $3,825 per month. Households that rent pay about 22.17% of their income on rent here. Study Butte’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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