Housing costs in Ranchos Penitas West?
A typical home costs
$205,200, which is 39.3% less expensive than the national average of
$338,100 and 31.0% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Ranchos Penitas West costs
$1,360 per month, which is 4.9% cheaper than the national average of
$1,430 and 5.9% more than the state average of
$1,280.
Can I afford Ranchos Penitas West?
To live comfortably in Ranchos Penitas West, Texas, a minimum annual income of
$39,240 for a family, and
$43,600 for a single person is recommended.
What does A.I. say about Ranchos Penitas West?
Ranchos Penitas West, TX is known for having low cost of living. The median home price in this area is about $83,900, which is significantly lower than the national average of $184,700. Additionally, the median household income in Ranchos Penitas West is around $49,000 a year. With its low housing costs and relatively high wages, this town provides residents with an affordable place to live. Rent and utility costs are also quite reasonable in the area, making it an attractive choice for people looking to purchase or rent a home.