The Most Affordable Neighborhoods in Watauga, TX by Home Value

These days, finding an affordable place to live in the Watauga area can be challenging. Home prices in Watauga are now at a median cost of $256,153, lower than the Texas average of $322,096.

The average cost of rent is $2,011/mo in Watauga, primarily driven by the current value of real estate in the Watauga area. In Watauga, 20.46% of households rent, and 31.69% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Watauga is $7,778 per month. Households that rent pay about 25.86% of their income on rent here. Watauga’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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