Cost of Living in Falls County, Texas

$747/mo
Median Monthly Rent
$97,300
Median Home Value
22% below state averageUnaffordable

At a Glance

Median Monthly Rent
$747/mo
22% below state average
Median Home Value
$97,300
65% below national
Rent-to-Income Ratio
31.0%
% 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 Falls County Compares

Median monthly rent comparison

Falls County$747/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$747/mo
Median Gross Rent
$97,300
Median Home Value
$592/mo
Monthly Owner Cost
31.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Falls County, Texas

Falls County rents hit below national norms

At 16.2%, Falls County's rent-to-income ratio sits comfortably below the national benchmark, meaning renters spend less of their paycheck on housing than typical Americans. The median rent of $747 per month is 22% cheaper than Texas's state average of $963, offering genuine affordability in a tightening market.

A housing bargain in Texas rankings

Falls County ranks among the most affordable counties in Texas when measuring housing burden against income. With rents that pull 1.9 percentage points below the state average rent-to-income ratio, this county offers relief for renters statewide.

Cheaper than most Texas neighbors

Falls County's $747 median rent undercuts Fannin County ($994) by 25% and Fayette County ($909) by 18%, making it a compelling choice for budget-conscious renters in Central Texas. Home ownership is similarly affordable: median values sit at $97,300, roughly one-third the price of Fayette County homes.

Low housing costs, stable incomes

Falls County renters allocate just $747 monthly from a median household income of $55,372, while homeowners pay $592 monthly with median home values at $97,300. Housing consumes roughly 16% of household income for renters—leaving more money for food, healthcare, and savings.

Consider Falls County for affordability

If housing costs are squeezing your budget, Falls County delivers sub-state-average rents and deeply affordable home purchases. Compare your current rent-to-income ratio against Falls County's 16.2% to see how much you could save by relocating to Central Texas.

Affordability Calculator

See how your income compares to housing costs in Falls County

$

Rent Burden

16.2%

of gross income

Max Housing (28% Rule)

$1,292

per month

Owner Cost Burden

12.8%

of gross income

You can likely afford the median home in Falls County

Median home value is $97,300. Estimated monthly cost: $777 vs. your max of $1,292.

Rent Affordability Guide

Your rent-to-income ratio16.2%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Falls County, Texas?
Falls County, Texas has a median monthly rent of $747/mo and a median home value of $97,300. The affordability rating is Unaffordable, with rent making up approximately 31.0% of median household income.
What is the median rent in Falls County?
The median gross rent in Falls County is $747/mo. This is 22% below state average for Texas.
Is Falls County affordable?
Falls County is rated Unaffordable based on rent-to-income ratio of 31.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Falls County's rent compare to the state average?
Falls County's median rent of $747/mo is 22% below state average of $963/mo for Texas.
What is the median home value in Falls County?
The median home value in Falls County, Texas is $97,300. This is 65% 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.