Cost of Living in Baylor County, Texas

$685/mo
Median Monthly Rent
$93,300
Median Home Value

At a Glance

Median Monthly Rent
$685/mo
29% below state average
Median Home Value
$93,300
67% below national
Rent-to-Income Ratio
27.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Baylor County Compares

Median monthly rent comparison

Baylor County$685/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$685/mo
Median Gross Rent
$93,300
Median Home Value
$572/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Baylor County ranks #802 of 3,144 counties for affordability (top 26%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Baylor County, Texas

Baylor County's affordability paradox

Despite rock-bottom rents of $685 monthly, Baylor County's rent-to-income ratio reaches 19.4% because median household income is only $42,313. This rural county exemplifies how low rents don't guarantee affordability when local wages lag significantly behind national averages.

Cheapest rent in Texas, lowest income

Baylor County offers some of Texas's lowest housing costs alongside some of its lowest incomes. The county ranks at the extreme low end of both metrics, reflecting a economically challenged rural community.

Rents lowest in region

Baylor County's median rent of $685 beats neighboring Throckmorton and Knox counties by meaningful margins. Home values of $93,300 make ownership theoretically accessible, but local income constraints limit real purchasing power.

Low costs, lower income squeeze

With a median income of just $42,313, residents allocate $685 for rent or $572 for ownership, leaving tight margins for food, healthcare, and transportation. Nearly one-fifth of already-constrained income goes to housing, creating genuine economic stress.

Cheapest rents demand careful calculation

Baylor County offers the lowest absolute housing costs, but job opportunities and wages here are severely limited. Before relocating for cheap rent, investigate local employment prospects—affordable housing means little without stable income.

Cost of Living Advisory: Baylor County

Affordability Verdict

Baylor County is affordable for renters, with a median gross rent of $685/month representing approximately 19.4% of median household income. The rent burden (GRAPI) stands at 27.0%.

Rent vs. Own

The median rent in Baylor County is $685/month, while owner costs run $572/month. Owning saves approximately $113/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $27,400/year. For owner costs at the 28% rule, the required income is roughly $24,514/year. With a median household income of $42,313, most households can comfortably afford rent here. Notably, 27.0% of renter households in Baylor County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Texas, Baylor County is less affordable than Duval County by roughly 7% ($685/mo vs $737/mo).

Affordability Calculator

See how your income compares to housing costs in Baylor County

$

Rent Burden

19.4%

of gross income

Max Housing (28% Rule)

$987

per month

Owner Cost Burden

16.2%

of gross income

You can likely afford the median home in Baylor County

Median home value is $93,300. Estimated monthly cost: $745 vs. your max of $987.

Rent Affordability Guide

Your rent-to-income ratio19.4%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $42,313Needed: $27,400
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $42,313Needed: $24,514
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $42,313Needed: $21,713

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Baylor County, Texas?
Baylor County, Texas has a median monthly rent of $685/mo and a median home value of $93,300. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Baylor County?
The median gross rent in Baylor County is $685/mo. This is 29% below state average for Texas.
Is Baylor County affordable?
Baylor County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Baylor County's rent compare to the state average?
Baylor County's median rent of $685/mo is 29% below state average of $963/mo for Texas.
What is the median home value in Baylor County?
The median home value in Baylor County, Texas is $93,300. This is 67% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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