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

 

Smith Oaks, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Smith Oaks area can be challenging. Home prices in Smith Oaks are now at a median cost of $163,770, lower than the Texas average of $235,268.

The average cost of rent is $763/mo in Smith Oaks, primarily driven by the current value of real estate in the Smith Oaks area. While nearly 37.03% of residents own their homes outright in Smith Oaks, 7.97% rent.

Housing affordability isn’t just about home prices, though. The average household income in Smith Oaks is $3,255 per month. Households that rent pay about 23.43% of their income on rent here. Smith Oaks's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.


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