17 Suburbs Where the Average Monthly Mortgage Is Less Than $1,000

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Socorro, Texas

  • Metro area: El Paso
  • Monthly mortgage payment: $792

Why Socorro Is a Great Place to Live

Socorro, Texas, proves that you can find affordable housing in safe neighborhoods. The suburb boasts the second-cheapest median home list price in this study — only $137,925 — as well as relatively low violent and property crime rates.

Socorro experiences 1.56 violent crimes and 10.4 property crimes per 1,000 residents, which are the fourth- and fifth-lowest crime rates in their respective categories.

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