Similar to other places in this area, it's substantially less expensive compared to the rest of the nation. Compared to the city of Brownsville however, it's somewhat less expensive.
Home prices
The cost of the median home in Alamo is $72,000. In comparison to other places in this area this is is very similar.In comparison to the entire nation it is roughly $145,500 (66%) lower, and in comparison to the city of Brownsville it is approximately $18,000 (19%) lower.
Rents
Alamo's median rent is $601 a month. In comparison to its nearby areas it is about $110 (15%) lower.In comparison to the rest of the nation it is approximately $461 (43%) lower, and is approximately $135 (18%) lower in comparison to the city of Brownsville.
Nearby places
San Juan
San Juan is Alamo's neighbor to the west. The real estate prices there are somewhat more expensive. The median home in San Juan costs $90,300, which comes out to $18,300 (20%) higher than Alamo. Rents there are a little more expensive. San Juan's median rent is $742 per month, which comes out to $141 (19%) higher than Alamo.
Donna
Donna is Alamo's neighbor to the southeast. Its real estate prices are a little less expensive. The value of the median home in Donna is $59,500, which is $12,500 (21%) lower than Alamo. Rents there are somewhat less expensive. In Donna the median monthly rent is $569, which comes out to $32 (5%) lower than Alamo.
Pharr
Pharr is roughly 4 miles west from Alamo. Housing prices there are somewhat more expensive. The median home in Pharr costs $80,900, which works out to $8,900 (11%) higher than Alamo. The rent there is a little more expensive. In Pharr the median monthly rent is $752, which is $151 (20%) higher than Alamo.
Lopezville
Lopezville is about 5 miles north of Alamo. Housing prices there are a little less expensive. The price of the median home in Lopezville is $65,200, which is $6,800 (10%) lower than Alamo. Its rents are significantly more expensive. Lopezville's median monthly rent is $1,013, which works out to $412 (40%) higher than Alamo.
Scissors
Scissors is about 5 miles southeast of Alamo. Its housing prices are somewhat less expensive. The median home in Scissors is valued at $62,900, which comes out to $9,100 (14%) lower than Alamo. Its rents are a little less expensive. The median rent in Scissors is $479 a month, which is $122 (25%) lower than Alamo.
