Cost of Living in Briscoe County, Texas

$692/mo
Median Monthly Rent
$82,900
Median Home Value

At a Glance

Median Monthly Rent
$692/mo
28% below state average
Median Home Value
$82,900
71% below national
Rent-to-Income Ratio
16.0%
% 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 Briscoe County Compares

Median monthly rent comparison

Briscoe County$692/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$692/mo
Median Gross Rent
$82,900
Median Home Value
$399/mo
Monthly Owner Cost
16.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Briscoe County ranks #1,821 of 3,144 counties for affordability (bottom 42%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Briscoe County, Texas

Briscoe's bargain rents offset tight budgets

Briscoe County's median household income of $41,188 ranks among Texas's lowest—45% below the U.S. average—yet the 20.2% rent-to-income ratio remains manageable. At just $692 monthly rent, residents enjoy some of the state's most accessible housing costs.

Briscoe balances poverty with affordability

Despite one of Texas's lowest income levels, Briscoe County's 20.2% rent-to-income ratio ranks above average for the state, reflecting the challenge of sparse population and limited economic opportunity. However, the $692 monthly rent helps working families stay housed.

Briscoe offers Panhandle's cheapest rents

Briscoe's $692 monthly rent is among the lowest in the Texas Panhandle, with only Childress and Motley counties offering similarly low rates. The $82,900 median home value is one of the state's most affordable, rivaling only the poorest rural counties.

Homeownership costs are minimal

Briscoe's $399 monthly owner cost represents just 11.6% of median income—extraordinarily low and far below the rent burden. For the rare buyer in this county, mortgages are nearly invisible relative to income, making homeownership the clear financial advantage.

Briscoe suits those seeking bare minimums

Briscoe County's $692 rent and $82,900 home value represent Texas's most affordable housing options, ideal for those prioritizing cost over amenities. However, extremely low incomes and sparse services mean this High Plains county suits only those committed to rural life.

Cost of Living Advisory: Briscoe County

Affordability Verdict

For renters in Briscoe County, the market is affordable. Expect to pay around $692/month in gross rent, with 16.0% of renter households considered cost-burdened.

Rent vs. Own

Renters in Briscoe County pay $692/month on average, compared to $399/month for homeowners. This market favors buyers by about 42%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $27,680/year. For owner costs at the 28% rule, the required income is roughly $17,100/year. With a median household income of $41,188, most households can comfortably afford rent here. Notably, 16.0% of renter households in Briscoe County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Briscoe County sits 7% less expensive than Bailey County ($744/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Briscoe County

$

Rent Burden

20.2%

of gross income

Max Housing (28% Rule)

$961

per month

Owner Cost Burden

11.6%

of gross income

You can likely afford the median home in Briscoe County

Median home value is $82,900. Estimated monthly cost: $662 vs. your max of $961.

Rent Affordability Guide

Your rent-to-income ratio20.2%
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: $41,188Needed: $27,680
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $41,188Needed: $17,100
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $41,188Needed: $19,293

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 Briscoe County, Texas?
Briscoe County, Texas has a median monthly rent of $692/mo and a median home value of $82,900. The affordability rating is Unaffordable, with rent making up approximately 16.0% of median household income.
What is the median rent in Briscoe County?
The median gross rent in Briscoe County is $692/mo. This is 28% below state average for Texas.
Is Briscoe County affordable?
Briscoe County is rated Unaffordable based on rent-to-income ratio of 16.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Briscoe County's rent compare to the state average?
Briscoe County's median rent of $692/mo is 28% below state average of $963/mo for Texas.
What is the median home value in Briscoe County?
The median home value in Briscoe County, Texas is $82,900. This is 71% 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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