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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Richland Springs, TX Housing Affordability Index

Richland Springs, Texas has an MBR Housing Affordability Index score of 129.0 (Highly Affordable) as of October 30, 2026, ranking 551st most affordable of 1,229 scored Texas cities, compared with 99.2 statewide and 97.4 nationally. On a median-priced $82,600 home with 20% down, the Texas average 30-year fixed rate of 7.29% means a monthly principal and interest payment of about $453, or 14% of the city’s $38,415 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Richland Springs is updated every night from live Texas mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Richland Springs MBR-HAI 129.0 Highly Affordable
Rank in Texas 551 of 1,229 1 = most affordable
Texas 99.2 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.29% Texas lenders
Median home value $82,600 U.S. Census Bureau

Richland Springs is 29.9 points above the Texas score. Scores as of October 30, 2026. See the Texas index

View Richland Springs Mortgage Rates

What It Takes to Buy in Richland Springs

$453/mo
Principal & Interest
Median home, 20% down, 7.29%
$19,400
Income Needed
To keep the payment at 28% of income
$38,415
Median Household Income
Texas: $78,476
2.2x
Price-to-Income Ratio
Texas: 3.6x
$600/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$5,327/yr
Median Property Tax
Texas figure
81.8%
Owner Cost Burden
Owners spending 30%+ of income on housing
89.1%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Richland Springs, Texas. The rate is the Texas average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Richland Springs Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Richland Springs, Texas score: 129.0 (Highly Affordable), ranked 551 of 1,229 Texas cities. monitorbankrates.com/housing-affordability-index/texas/richland-springs”