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These days, finding an affordable place to live in the Springlake area can be challenging. Home prices in Springlake are now at a median cost of $96,301, lower than the Texas average of $322,096.
The average cost of rent is $758/mo in Springlake, primarily driven by the current value of real estate in the Springlake area. In Springlake, 23.62% of households rent, and 84.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Springlake is $5,453 per month. Households that rent pay about 13.90% of their income on rent here. Springlake’s most expensive areas are in the central 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.
Nearby Cities
- Earth, TX: equally priced homes
- Olton, TX: equally priced homes
- Hart, TX: equally priced homes
- Halfway, TX: higher priced homes
- Lazbuddie, TX: higher priced homes
- Edmonson, TX: higher priced homes
- Muleshoe, TX: equally priced homes
- Progress, TX: higher priced homes
- Plainview, TX: higher priced homes
- Kress, TX: higher priced homes
Cities with Similar Populations
- Nadeau, MI: higher priced homes
- McKinley, NY: higher priced homes
- McKnightstown, PA: higher priced homes
- Meacham, OR: higher priced homes
- Meadow Gap, PA: higher priced homes
- Meddybemps, ME: higher priced homes
- Megargel, TX: less expensive homes
- Merced Falls, CA: higher priced homes
- Merrill, MS: higher priced homes
- Metaline, WA: higher priced homes
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