Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Welch area can be challenging. Home prices in Welch are now at a median cost of $211,227, lower than the Texas average of $322,096.
The average cost of rent is $670/mo in Welch, primarily driven by the current value of real estate in the Welch area. In Welch, 19.60% of households rent, and 57.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Welch is $6,651 per month. Households that rent pay about 10.08% of their income on rent here. Welch’s most expensive areas are in the northwestern 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
- New Moore, TX: less expensive homes
- Foster, TX: equally priced homes
- Hancock, TX: higher priced homes
- O'Donnell, TX: less expensive homes
- Wellman, TX: equally priced homes
- Loop, TX: higher priced homes
- Seagraves, TX: less expensive homes
- Denver City, TX: equally priced homes
- Higginbotham, TX: higher priced homes
- Fluvanna, TX: less expensive homes
Cities with Similar Populations
- Jeddo, AL: less expensive homes
- Smiths Crossroads, GA: higher priced homes
- Slovan, WI: higher priced homes
- Sliters, NY: higher priced homes
- Sligo, MO: equally priced homes
- Skinem, AL: equally priced homes
- Sixes, OR: higher priced homes
- Silverton, WV: less expensive homes
- Silver Star, MT: higher priced homes
- Kerrville, TN: equally priced homes
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