The Most Affordable Neighborhoods in Big Lake, TX by Home Value

 

Big Lake, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Big Lake area can be challenging. Home prices in Big Lake are now at a median cost of $169,093, lower than the Texas average of $322,096.

The average cost of rent is $819/mo in Big Lake, primarily driven by the current value of real estate in the Big Lake area. In Big Lake, 27.09% of households rent, and 74.12% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Big Lake is $5,672 per month. Households that rent pay about 14.43% of their income on rent here. Big Lake’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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