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

 

New Fairview, TX Map of Most Affordable Neighborhoods
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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 $190,185, lower than the Texas average of $235,268.

The average cost of rent is $1,326/mo in New Fairview, primarily driven by the current value of real estate in the New Fairview area. While nearly 41.65% of residents own their homes outright in New Fairview, 13.43% rent.

Housing affordability isn’t just about home prices, though. The average household income in New Fairview is $6,305 per month. Households that rent pay about 21.02% of their income on rent here. New Fairview's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the city.


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