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

 

New Territory, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the New Territory area can be challenging. Home prices in New Territory are now at a median cost of $333,583, higher than the Texas average of $235,268.

The average cost of rent is $1,983/mo in New Territory, primarily driven by the current value of real estate in the New Territory area. While nearly 41.63% of residents own their homes outright in New Territory, 10.82% rent.

Housing affordability isn’t just about home prices, though. The average household income in New Territory is $9,885 per month. Households that rent pay about 20.06% of their income on rent here. New Territory's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.


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