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Affordable
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These days, finding an affordable place to live in the Spring area can be challenging. Home prices in Spring are now at a median cost of $330,952, higher than the Texas average of $322,096.
The average cost of rent is $1,890/mo in Spring, primarily driven by the current value of real estate in the Spring area. In Spring, 29.93% of households rent, and 30.04% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Spring is $9,617 per month. Households that rent pay about 19.65% of their income on rent here. Spring’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Oak Ridge North, TX: equally priced homes
- Shenandoah, TX: higher priced homes
- The Woodlands, TX: higher priced homes
- Tomball, TX: higher priced homes
- Aldine, TX: less expensive homes
- Porter, TX: less expensive homes
- Humble, TX: equally priced homes
- Pinehurst, TX: higher priced homes
- Magnolia, TX: higher priced homes
- Stagecoach, TX: higher priced homes
Cities with Similar Populations
- New Orleans, LA: equally priced homes
- Murfreesboro, TN: higher priced homes
- Nampa, ID: higher priced homes
- Newnan, GA: equally priced homes
- Murrieta, CA: higher priced homes
- Norristown, PA: equally priced homes
- New Haven, CT: equally priced homes
- Noblesville, IN: equally priced homes
- Nashua, NH: higher priced homes
- Needmore, TX: less expensive homes
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