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These days, finding an affordable place to live in the Balch Springs area can be challenging. Home prices in Balch Springs are now at a median cost of $209,023, lower than the Texas average of $322,096.
The average cost of rent is $1,462/mo in Balch Springs, primarily driven by the current value of real estate in the Balch Springs area. In Balch Springs, 33.55% of households rent, and 48.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Balch Springs is $6,178 per month. Households that rent pay about 23.67% of their income on rent here. Balch Springs’s most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mesquite, TX: higher priced homes
- Kleberg, TX: equally priced homes
- Seagoville, TX: equally priced homes
- Sunnyvale, TX: higher priced homes
- Hutchins, TX: equally priced homes
- Forney, TX: higher priced homes
- Crandall, TX: higher priced homes
- Dallas, TX: higher priced homes
- Heath, TX: higher priced homes
- Lancaster, TX: higher priced homes
Cities with Similar Populations
- Eldersburg, MD: higher priced homes
- Patterson, CA: higher priced homes
- Plum, PA: higher priced homes
- Powell, TN: higher priced homes
- Richmond Hill, GA: higher priced homes
- Feasterville-Trevose, PA: higher priced homes
- Faribault, MN: higher priced homes
- Ellensburg, WA: higher priced homes
- Elk River, MN: higher priced homes
- Pacific Palisades, CA: higher priced homes
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