The Most Affordable Neighborhoods in Wood Springs, TX by Home Value

 

Wood Springs, TX Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Wood Springs area can be challenging. Home prices in Wood Springs are now at a median cost of $160,252, lower than the Texas average of $235,268.

The average cost of rent is $870/mo in Wood Springs, primarily driven by the current value of real estate in the Wood Springs area. While nearly 50.26% of residents own their homes outright in Wood Springs, 12.09% rent.

Housing affordability isn’t just about home prices, though. The average household income in Wood Springs is $6,182 per month. Households that rent pay about 14.07% of their income on rent here. Wood Springs's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.


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