The Most Affordable Neighborhoods in West Lake Hills, TX by Home Value

 

West Lake Hills, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the West Lake Hills area can be challenging. Home prices in West Lake Hills are now at a median cost of $1,190,024, higher than the Texas average of $235,268.

The average cost of rent is $1,985/mo in West Lake Hills, primarily driven by the current value of real estate in the West Lake Hills area. While nearly 51.55% of residents own their homes outright in West Lake Hills, 12.67% rent.

Housing affordability isn’t just about home prices, though. The average household income in West Lake Hills is $16,305 per month. Households that rent pay about 12.18% of their income on rent here. West Lake Hills's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the city.


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