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Affordable
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These days, finding an affordable place to live in the Terrell Hills area can be challenging. Home prices in Terrell Hills are now at a median cost of $817,688, higher than the Texas average of $322,096.
The average cost of rent is $1,257/mo in Terrell Hills, primarily driven by the current value of real estate in the Terrell Hills area. In Terrell Hills, 18.74% of households rent, and 49.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Terrell Hills is $14,752 per month. Households that rent pay about 8.52% of their income on rent here. Terrell Hills’s most expensive areas are in the southwestern 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
- Alamo Heights, TX: equally priced homes
- Olmos Park, TX: equally priced homes
- Kirby, TX: less expensive homes
- Windcrest, TX: less expensive homes
- Castle Hills, TX: less expensive homes
- San Antonio, TX: less expensive homes
- Balcones Heights, TX: less expensive homes
- Hill Country Village, TX: less expensive homes
- Converse, TX: less expensive homes
- Live Oak, TX: less expensive homes
Cities with Similar Populations
- Newton Grove, NC: less expensive homes
- Oley, PA: less expensive homes
- Old Westbury, NY: higher priced homes
- Okanogan, WA: less expensive homes
- Oglethorpe, GA: less expensive homes
- Oglesby, IL: less expensive homes
- Ocean Park, WA: less expensive homes
- Oasis, CA: less expensive homes
- Oakland, FL: less expensive homes
- North Yarmouth, ME: less expensive homes
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