Home Price Key
Affordable
Average
Expensive
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 $87,535, lower than the Texas average of $235,268.
The average cost of rent is $846/mo in Springlake, primarily driven by the current value of real estate in the Springlake area. While nearly 78.85% of residents own their homes outright in Springlake, 12.86% rent.
Housing affordability isn’t just about home prices, though. The average household income in Springlake is $4,614 per month. Households that rent pay about 18.35% of their income on rent here. Springlake's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Earth, TX: less expensive homes
- Olton, TX: less expensive homes
- Hart, TX: less expensive 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: equally priced homes
- Merced Falls, CA: higher priced homes
- Merrill, MS: higher priced homes
- Metaline, WA: higher priced homes
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