The Most Affordable Neighborhoods in Olmos Park, TX by Home Value

 

Olmos Park, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Olmos Park area can be challenging. Home prices in Olmos Park are now at a median cost of $696,563, higher than the Texas average of $235,268.

The average cost of rent is $1,061/mo in Olmos Park, primarily driven by the current value of real estate in the Olmos Park area. While nearly 44.75% of residents own their homes outright in Olmos Park, 20.15% rent.

Housing affordability isn’t just about home prices, though. The average household income in Olmos Park is $14,878 per month. Households that rent pay about 7.13% of their income on rent here. Olmos Park's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.


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