Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Troy area can be challenging. Home prices in Troy are now at a median cost of $153,772, lower than the Texas average of $235,268.
The average cost of rent is $940/mo in Troy, primarily driven by the current value of real estate in the Troy area. While nearly 38.88% of residents own their homes outright in Troy, 32.69% rent.
Housing affordability isn’t just about home prices, though. The average household income in Troy is $5,568 per month. Households that rent pay about 16.88% of their income on rent here. Troy's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Eddy, TX: equally priced homes
- Moody, TX: equally priced homes
- Bruceville-Eddy, TX: equally priced homes
- Cego, TX: less expensive homes
- Durango, TX: less expensive homes
- Morgans Point Resort, TX: higher priced homes
- Bruceville, TX: higher priced homes
- Westphalia, TX: less expensive homes
- Whitson, TX: less expensive homes
- Mooreville, TX: less expensive homes
Cities with Similar Populations
- Mayodan, NC: less expensive homes
- Monte Sereno, CA: higher priced homes
- Monrovia, IN: higher priced homes
- Monclova, OH: higher priced homes
- Mohawk, NY: less expensive homes
- Missouri Valley, IA: less expensive homes
- Minocqua, WI: higher priced homes
- Mineralwells, WV: higher priced homes
- McGehee, AR: less expensive homes
- McEwen, TN: equally priced homes
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