Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Myrtle Springs area can be challenging. Home prices in Myrtle Springs are now at a median cost of $175,363, lower than the Texas average of $235,268.
The average cost of rent is $889/mo in Myrtle Springs, primarily driven by the current value of real estate in the Myrtle Springs area. While nearly 44.31% of residents own their homes outright in Myrtle Springs, 44.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in Myrtle Springs is $4,543 per month. Households that rent pay about 19.57% of their income on rent here. Myrtle Springs's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
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- Wentworth, TX: less expensive homes
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- Grand Saline, TX: less expensive homes
Cities with Similar Populations
- Bearden, AR: less expensive homes
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- Wilton, WI: equally priced homes
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- Donnelly, ID: higher priced homes
- Copenhagen, NY: equally priced homes
- Clark, MO: less expensive homes
- Clarendon, NC: less expensive homes
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