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Affordable
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These days, finding an affordable place to live in the Vega area can be challenging. Home prices in Vega are now at a median cost of $170,641, lower than the Texas average of $322,096.
The average cost of rent is $1,093/mo in Vega, primarily driven by the current value of real estate in the Vega area. In Vega, 23.72% of households rent, and 50.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Vega is $6,979 per month. Households that rent pay about 15.66% of their income on rent here. Vega’s most expensive areas are in the southwestern 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.
Nearby Cities
- Wildorado, TX: higher priced homes
- Adrian, TX: equally priced homes
- Bushland, TX: higher priced homes
- Bishop Hills, TX: higher priced homes
- Glenrio, TX: higher priced homes
- Amarillo, TX: higher priced homes
- Bard, NM: less expensive homes
- Washburn, TX: higher priced homes
- San Jon, NM: less expensive homes
- Claude, TX: higher priced homes
Cities with Similar Populations
- Whistler, MS: less expensive homes
- Eldon, IA: less expensive homes
- Ellsworth, PA: less expensive homes
- Fisk, MO: less expensive homes
- Gowrie, IA: less expensive homes
- Wabasso, MN: less expensive homes
- Wakefield, KS: equally priced homes
- Walker Springs, AL: less expensive homes
- Warman, MN: higher priced homes
- Warner Springs, CA: higher priced homes
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