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

 

Wells Branch, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Wells Branch area can be challenging. Home prices in Wells Branch are now at a median cost of $388,898, higher than the Texas average of $322,096.

The average cost of rent is $1,612/mo in Wells Branch, primarily driven by the current value of real estate in the Wells Branch area. In Wells Branch, 68.99% of households rent, and 39.89% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Wells Branch is $6,764 per month. Households that rent pay about 23.84% of their income on rent here. Wells Branch’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western 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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