The Most Affordable Neighborhoods in Richland Hills, TX by Home Value

 

Richland Hills, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Richland Hills area can be challenging. Home prices in Richland Hills are now at a median cost of $177,537, lower than the Texas average of $235,268.

The average cost of rent is $1,183/mo in Richland Hills, primarily driven by the current value of real estate in the Richland Hills area. While nearly 38.20% of residents own their homes outright in Richland Hills, 41.98% rent.

Housing affordability isn’t just about home prices, though. The average household income in Richland Hills is $5,852 per month. Households that rent pay about 20.21% of their income on rent here. Richland Hills's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.


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