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Affordable
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These days, finding an affordable place to live in the Lake Tanglewood area can be challenging. Home prices in Lake Tanglewood are now at a median cost of $369,652, higher than the Texas average of $322,096.
The average cost of rent is $975/mo in Lake Tanglewood, primarily driven by the current value of real estate in the Lake Tanglewood area. In Lake Tanglewood, 6.60% of households rent, and 58.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Lake Tanglewood is $8,713 per month. Households that rent pay about 11.19% of their income on rent here. Lake Tanglewood’s most expensive areas are in the southern 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.
Nearby Cities
- Palisades, TX: higher priced homes
- Timbercreek Canyon, TX: equally priced homes
- Amarillo, TX: less expensive homes
- Canyon, TX: less expensive homes
- Bushland, TX: higher priced homes
- Umbarger, TX: higher priced homes
- Claude, TX: less expensive homes
- Wildorado, TX: less expensive homes
- South Brice, TX: less expensive homes
- Howardwick, TX: less expensive homes
Cities with Similar Populations
- Sawyer, IA: less expensive homes
- Johnsontown, WV: less expensive homes
- Keeler, MI: less expensive homes
- Kirkwood, DE: higher priced homes
- Kopperston, WV: less expensive homes
- Lake, WV: less expensive homes
- Lakewood Harbor, TX: less expensive homes
- Laupahoehoe, HI: higher priced homes
- Liberty Mills, IN: less expensive homes
- Littcarr, KY: less expensive homes
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