
Home Price Key
These days, finding an affordable place to live in the Southlake area can be challenging. Home prices in Southlake are now at a median cost of $746,780, higher than the Texas average of $235,268.
The average cost of rent is $1,698/mo in Southlake, primarily driven by the current value of real estate in the Southlake area. While nearly 29.26% of residents own their homes outright in Southlake, 5.74% rent.
Housing affordability isn’t just about home prices, though. The average household income in Southlake is $18,327 per month. Households that rent pay about 9.26% of their income on rent here. Southlake's most expensive areas are in the western regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Westlake, TX: less expensive homes
- Grapevine, TX: less expensive homes
- Colleyville, TX: less expensive homes
- Trophy Club, TX: less expensive homes
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- Keller, TX: less expensive homes
- North Richland Hills, TX: less expensive homes
- Bedford, TX: less expensive homes
- Flower Mound, TX: less expensive homes
- Watauga, TX: less expensive homes
Cities with Similar Populations
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- Banning, CA: less expensive homes
- Baldwinsville, NY: less expensive homes
All Local Stats
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