The Most Affordable Neighborhoods in Smith Grove, TX by Home Value

 

Smith Grove, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Smith Grove area can be challenging. Home prices in Smith Grove are now at a median cost of $160,114, lower than the Texas average of $322,096.

The average cost of rent is $1,023/mo in Smith Grove, primarily driven by the current value of real estate in the Smith Grove area. In Smith Grove, 23.27% of households rent, and 64.98% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Smith Grove is $7,685 per month. Households that rent pay about 13.31% of their income on rent here. Smith Grove’s most expensive areas are in the central regions, while the cheapest areas are in the southern 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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