The Most Affordable Neighborhoods in Granite Shoals, TX by Home Value

 

Granite Shoals, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Granite Shoals area can be challenging. Home prices in Granite Shoals are now at a median cost of $122,946, lower than the Texas average of $235,268.

The average cost of rent is $1,314/mo in Granite Shoals, primarily driven by the current value of real estate in the Granite Shoals area. While nearly 61.61% of residents own their homes outright in Granite Shoals, 20.52% rent.

Housing affordability isn’t just about home prices, though. The average household income in Granite Shoals is $4,826 per month. Households that rent pay about 27.23% of their income on rent here. Granite Shoals's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.


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