The Most Affordable Neighborhoods in New Fairview, TX by Home Value

These days, finding an affordable place to live in the New Fairview area can be challenging. Home prices in New Fairview are now at a median cost of $264,903, lower than the Texas average of $322,096.

The average cost of rent is $1,449/mo in New Fairview, primarily driven by the current value of real estate in the New Fairview area. In New Fairview, 17.58% of households rent, and 37.02% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in New Fairview is $7,647 per month. Households that rent pay about 18.94% of their income on rent here. New Fairview’s most expensive areas are in the southern 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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