The Most Affordable Neighborhoods in Harwood, TX by Home Value

These days, finding an affordable place to live in the Harwood area can be challenging. Home prices in Harwood are now at a median cost of $148,234, lower than the Texas average of $322,096.

The average cost of rent is $1,124/mo in Harwood, primarily driven by the current value of real estate in the Harwood area. In Harwood, 14.75% of households rent, and 72.50% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Harwood is $6,883 per month. Households that rent pay about 16.33% of their income on rent here. Harwood’s most expensive areas are in the northwestern 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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