Cost of Living in Edwards County, Texas

$714/mo
Median Monthly Rent
$78,300
Median Home Value

At a Glance

Median Monthly Rent
$714/mo
26% below state average
Median Home Value
$78,300
72% 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 Edwards County Compares

Median monthly rent comparison

Edwards County$714/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$714/mo
Median Gross Rent
$78,300
Median Home Value
$517/mo
Monthly Owner Cost
16.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Edwards County ranks #2,551 of 3,144 counties for affordability (bottom 19%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Edwards County, Texas

Edwards County faces affordability crisis

Renters in Edwards County spend 22.3% of their income on housing—one of the highest burdens in this analysis—while earning just $38,500 against the national median of $74,755. This represents one of the most strained housing situations among Texas rural counties.

Toughest housing burden in state

Edwards County's 22.3% rent-to-income ratio significantly exceeds Texas's 18.1% state average, making it among the least affordable counties statewide. The combination of low incomes and fixed housing costs creates a genuine affordability crisis.

Lowest income, high burden

Edwards County's $38,500 median income is the lowest in this comparison, while its 22.3% housing burden is among the highest. Neighboring Duval ($50,081) and Donley ($56,648) counties offer significantly better income stability.

Rents consume critical income share

Renters pay $714/month and homeowners pay $517/month against just $38,500 annual income, consuming 22% of household earnings on housing alone. This leaves limited resources for food, healthcare, and transportation.

Consider relocation for better prospects

Edwards County offers genuinely cheap housing ($714 rent, $78,300 home values), but residents should explore whether relocating to higher-wage counties might improve overall financial security. This county works best for retirees with fixed incomes or remote workers earning outside the local economy.

Cost of Living Advisory: Edwards County

Affordability Verdict

Edwards County is affordable for renters, with a median gross rent of $714/month representing approximately 22.3% of median household income. The rent burden (GRAPI) stands at 16.0%.

Rent vs. Own

At $714/month rent versus $517/month in owner costs, owning is roughly $197/month cheaper — a 28% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $28,560/year. For owner costs at the 28% rule, the required income is roughly $22,157/year. With a median household income of $38,500, most households can comfortably afford rent here. Notably, 16.0% of renter households in Edwards County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Edwards County sits 7% less expensive than Archer County ($766/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Edwards County

$

Rent Burden

22.3%

of gross income

Max Housing (28% Rule)

$898

per month

Owner Cost Burden

16.1%

of gross income

You can likely afford the median home in Edwards County

Median home value is $78,300. Estimated monthly cost: $625 vs. your max of $898.

Rent Affordability Guide

Your rent-to-income ratio22.3%
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: $38,500Needed: $28,560
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $38,500Needed: $22,157
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $38,500Needed: $18,223

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 Edwards County, Texas?
Edwards County, Texas has a median monthly rent of $714/mo and a median home value of $78,300. The affordability rating is Unaffordable, with rent making up approximately 16.0% of median household income.
What is the median rent in Edwards County?
The median gross rent in Edwards County is $714/mo. This is 26% below state average for Texas.
Is Edwards County affordable?
Edwards 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 Edwards County's rent compare to the state average?
Edwards County's median rent of $714/mo is 26% below state average of $963/mo for Texas.
What is the median home value in Edwards County?
The median home value in Edwards County, Texas is $78,300. This is 72% below the national median home value of $281,900.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

Researching the cost of living in Edwards County, Texas? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Edwards County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates
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.

CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.