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

These days, finding an affordable place to live in the Smith Hill area can be challenging. Home prices in Smith Hill are now at a median cost of $127,912, lower than the Texas average of $322,096.

The average cost of rent is $1,056/mo in Smith Hill, primarily driven by the current value of real estate in the Smith Hill area. In Smith Hill, 6.99% of households rent, and 67.41% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Smith Hill is $6,033 per month. Households that rent pay about 17.50% of their income on rent here. Smith Hill’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern 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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