The Most Affordable Neighborhoods in Valley Wells, TX by Home Value

 

Valley Wells, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Valley Wells area can be challenging. Home prices in Valley Wells are now at a median cost of $66,488, lower than the Texas average of $235,268.

The average cost of rent is $734/mo in Valley Wells, primarily driven by the current value of real estate in the Valley Wells area. While nearly 85.44% of residents own their homes outright in Valley Wells, 28.97% rent.

Housing affordability isn’t just about home prices, though. The average household income in Valley Wells is $3,318 per month. Households that rent pay about 22.13% of their income on rent here. Valley Wells's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.


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