Cost of Living in Crane County, Texas

$883/mo
Median Monthly Rent
$119,900
Median Home Value
8% below state averageUnaffordable

At a Glance

Median Monthly Rent
$883/mo
8% below state average
Median Home Value
$119,900
57% below national
Rent-to-Income Ratio
25.0%
% 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 Crane County Compares

Median monthly rent comparison

Crane County$883/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$883/mo
Median Gross Rent
$119,900
Median Home Value
$630/mo
Monthly Owner Cost
25.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Crane County, Texas

Crane offers competitive national affordability

Crane County's rent-to-income ratio of 17.7% aligns closely with U.S. housing affordability patterns relative to the national median household income of $74,755. Renters here maintain moderate affordability similar to typical American households.

Slightly below Texas average affordability

At 17.7%, Crane County's rent-to-income ratio performs slightly better than Texas's state average of 18.1%, placing it in the more affordable half of Texas counties. The median rent of $883 is 8.3% below the state average, supporting stronger affordability despite slightly lower median household income.

Mid-range rents in the comparison

Crane's median rent of $883 sits between affordable rural counties like Cottle ($323) and moderately expensive ones like Cooke ($1,088) and Coryell ($1,120). This positions Crane as a balanced option for renters seeking rural character without extreme affordability tradeoffs.

Owner costs balance with rents here

Crane County's median household income of $59,915 supports a median monthly rent of $883 and owner costs of $630—creating a roughly balanced housing market. Renters spend 17.7% of gross income on housing, while owner costs consume about 12.5% of typical household income.

Crane balances cost and rural living

Relocating to Crane County offers reasonable housing affordability with a median home value of $119,900 and rents well below state averages. This West Texas community works well for households seeking a rural lifestyle without sacrificing housing cost stability.

Affordability Calculator

See how your income compares to housing costs in Crane County

$

Rent Burden

17.7%

of gross income

Max Housing (28% Rule)

$1,398

per month

Owner Cost Burden

12.6%

of gross income

You can likely afford the median home in Crane County

Median home value is $119,900. Estimated monthly cost: $957 vs. your max of $1,398.

Rent Affordability Guide

Your rent-to-income ratio17.7%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Crane County, Texas?
Crane County, Texas has a median monthly rent of $883/mo and a median home value of $119,900. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.
What is the median rent in Crane County?
The median gross rent in Crane County is $883/mo. This is 8% below state average for Texas.
Is Crane County affordable?
Crane County is rated Unaffordable based on rent-to-income ratio of 25.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Crane County's rent compare to the state average?
Crane County's median rent of $883/mo is 8% below state average of $963/mo for Texas.
What is the median home value in Crane County?
The median home value in Crane County, Texas is $119,900. This is 57% 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.