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Affordable
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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 $288,059, lower than the Texas average of $322,096.
The average cost of rent is $1,025/mo in Myrtle Springs, primarily driven by the current value of real estate in the Myrtle Springs area. In Myrtle Springs, 18.59% of households rent, and 61.76% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Myrtle Springs is $6,687 per month. Households that rent pay about 15.33% of their income on rent here. Myrtle Springs’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wallace, TX: less expensive homes
- Edgewood, TX: less expensive homes
- Scott, TX: equally priced homes
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- Wentworth, TX: higher priced homes
- Fruitvale, TX: less expensive homes
- Wills Point, TX: less expensive homes
- Small, TX: equally priced homes
- Hiram, TX: equally priced homes
- Grand Saline, TX: less expensive homes
Cities with Similar Populations
- Bearden, AR: less expensive homes
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- Donnelly, ID: higher priced homes
- Copenhagen, NY: less expensive homes
- Clark, MO: less expensive homes
- Clarendon, NC: less expensive homes
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