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Affordable
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These days, finding an affordable place to live in the Telephone area can be challenging. Home prices in Telephone are now at a median cost of $240,529, lower than the Texas average of $322,096.
The average cost of rent is $1,367/mo in Telephone, primarily driven by the current value of real estate in the Telephone area. In Telephone, 1.83% of households rent, and 48.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Telephone is $6,435 per month. Households that rent pay about 21.24% of their income on rent here. Telephone’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ivanhoe, TX: equally priced homes
- Tulip, TX: equally priced homes
- Lamasco, TX: equally priced homes
- Selfs, TX: higher priced homes
- Ridings, TX: higher priced homes
- Lannius, TX: less expensive homes
- Yuba, OK: less expensive homes
- Georgia, TX: equally priced homes
- Direct, TX: less expensive homes
- Albany, OK: less expensive homes
Cities with Similar Populations
- West Rockport, ME: higher priced homes
- Cassville, TN: less expensive homes
- Cataldo, ID: higher priced homes
- Cawood, KY: less expensive homes
- Cedar Mountain, NC: higher priced homes
- Crawfordville, GA: less expensive homes
- Crystal, ID: higher priced homes
- Dimock, PA: less expensive homes
- Warwick, OK: equally priced homes
- Washington, ME: less expensive homes
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