The Most Affordable Neighborhoods in Fair Oaks, TX by Home Value

 

Fair Oaks, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Fair Oaks area can be challenging. Home prices in Fair Oaks are now at a median cost of $241,348, lower than the Texas average of $322,096.

The average cost of rent is $1,983/mo in Fair Oaks, primarily driven by the current value of real estate in the Fair Oaks area. In Fair Oaks, 11.52% of households rent, and 70.92% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Fair Oaks is $4,797 per month. Households that rent pay about 41.35% of their income on rent here. Fair Oaks’s most expensive areas are in the central regions, while the cheapest areas are in the northeastern 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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