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

These days, finding an affordable place to live in the Spring Hill area can be challenging. Home prices in Spring Hill are now at a median cost of $160,192, lower than the Texas average of $322,096.

The average cost of rent is $971/mo in Spring Hill, primarily driven by the current value of real estate in the Spring Hill area. In Spring Hill, 25.84% of households rent, and 58.36% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Spring Hill is $5,054 per month. Households that rent pay about 19.22% of their income on rent here. Spring Hill’s most expensive areas are in the eastern regions, while the cheapest areas are in the central 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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