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Affordable
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These days, finding an affordable place to live in the Water Valley area can be challenging. Home prices in Water Valley are now at a median cost of $330,175, higher than the Texas average of $322,096.
The average cost of rent is $1,241/mo in Water Valley, primarily driven by the current value of real estate in the Water Valley area. In Water Valley, 4.00% of households rent, and 48.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Water Valley is $7,831 per month. Households that rent pay about 15.85% of their income on rent here. Water Valley’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Carlsbad, TX: less expensive homes
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Cities with Similar Populations
- Little York, IN: less expensive homes
- Lawsville Center, PA: less expensive homes
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- Liberty, AZ: higher priced homes
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- Linden, MO: equally priced homes
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- Little Marsh, PA: less expensive homes
- Little Needmore, KY: less expensive homes
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