Cost of Living in Baylor County, Texas

$685/mo
Median Monthly Rent
$93,300
Median Home Value
29% below state averageUnaffordable

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

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.

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%

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