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Affordable
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These days, finding an affordable place to live in the Tokio area can be challenging. Home prices in Tokio are now at a median cost of $159,866, lower than the Texas average of $322,096.
The average cost of rent is $860/mo in Tokio, primarily driven by the current value of real estate in the Tokio area. In Tokio, 35.49% of households rent, and 62.13% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Tokio is $7,128 per month. Households that rent pay about 12.07% of their income on rent here. Tokio’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Plains, TX: equally priced homes
- Johnson, TX: less expensive homes
- Gomez, TX: less expensive homes
- Bronco, TX: less expensive homes
- Brownfield, TX: less expensive homes
- Meadow, TX: equally priced homes
- Tatum, NM: less expensive homes
- Mc Donald, NM: equally priced homes
- New Home, TX: higher priced homes
- Tahoka, TX: equally priced homes
Cities with Similar Populations
- Culver, KS: equally priced homes
- Duster, TX: higher priced homes
- Drury, KS: less expensive homes
- Curry Run, PA: equally priced homes
- Currentsville, KY: higher priced homes
- Curdton, MO: less expensive homes
- Curby, IN: less expensive homes
- Cundiff, TX: higher priced homes
- Culver, KY: equally priced homes
- Upper Fairmount, MD: less expensive homes
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