The Most Affordable Neighborhoods in Wallis, TX by Home Value

 

Wallis, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Wallis area can be challenging. Home prices in Wallis are now at a median cost of $181,051, lower than the Texas average of $235,268.

The average cost of rent is $809/mo in Wallis, primarily driven by the current value of real estate in the Wallis area. While nearly 58.69% of residents own their homes outright in Wallis, 37.71% rent.

Housing affordability isn’t just about home prices, though. The average household income in Wallis is $3,906 per month. Households that rent pay about 20.71% of their income on rent here. Wallis's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.


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