The Most Affordable Neighborhoods in Balch Springs, TX by Home Value

 

Balch Springs, TX Map of Most Affordable Neighborhoods
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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 $139,286, lower than the Texas average of $235,268.

The average cost of rent is $1,153/mo in Balch Springs, primarily driven by the current value of real estate in the Balch Springs area. While nearly 38.78% of residents own their homes outright in Balch Springs, 39.64% rent.

Housing affordability isn’t just about home prices, though. The average household income in Balch Springs is $4,736 per month. Households that rent pay about 24.35% of their income on rent here. Balch Springs's most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the city.


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