Cost of Living in Fayette County, Texas

$909/mo
Median Monthly Rent
$271,100
Median Home Value

At a Glance

Median Monthly Rent
$909/mo
6% below state average
Median Home Value
$271,100
4% below national
Rent-to-Income Ratio
24.0%
% 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 Fayette County Compares

Median monthly rent comparison

Fayette County$909/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$909/mo
Median Gross Rent
$271,100
Median Home Value
$769/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Fayette County ranks #1,875 of 3,144 counties for affordability (bottom 40%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Fayette County, Texas

Fayette County delivers above-average affordability

Fayette County's rent-to-income ratio of 14.3% ranks among the best in the nation, meaning renters keep more of their paychecks than average Americans. With a median household income of $76,541—above the national average—this county combines strong earning power with manageable housing costs.

Most affordable in this Texas cluster

At 14.3%, Fayette County's rent-to-income ratio beats Texas's state average of 18.1% by nearly 4 percentage points, ranking it among the state's most housing-affordable counties. This performance reflects a rare combination of higher incomes and moderate rents.

Best rent-to-income ratio in the region

Fayette County's $909 median rent paired with $76,541 median income produces the lowest housing burden (14.3%) among its peers—better than Falls County (16.2%), Fannin County (17.4%), and Franklin County (17.0%). Yet home values at $271,100 remain accessible compared to Fort Bend County ($350,300).

Strong incomes absorb higher home prices

Fayette County renters pay $909 monthly and homeowners pay $769 from a median household income of $76,541, dedicating just 14.3% to rent. Median home values of $271,100 reflect a stable market where higher incomes support sustainable housing costs.

Fayette scores high on housing metrics

If you earn near $76,000 and seek strong housing affordability, Fayette County ranks among Texas's best bets with a 14.3% rent-to-income ratio. Compare your current burden against Fayette's benchmark to measure potential savings and quality-of-life improvements.

Cost of Living Advisory: Fayette County

Affordability Verdict

For renters in Fayette County, the market is affordable. Expect to pay around $909/month in gross rent, with 24.0% of renter households considered cost-burdened.

Rent vs. Own

Renters in Fayette County pay $909/month on average, compared to $769/month for homeowners. This market favors buyers by about 15%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $36,360/year. For owner costs at the 28% rule, the required income is roughly $32,957/year. With a median household income of $76,541, most households can comfortably afford rent here. Notably, 24.0% of renter households in Fayette County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Fayette County sits 6% more expensive than Delta County ($857/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Fayette County

$

Rent Burden

14.3%

of gross income

Max Housing (28% Rule)

$1,786

per month

Owner Cost Burden

12.1%

of gross income

The median home in Fayette County may be a stretch

Median home value is $271,100. Estimated monthly cost: $2,164 vs. your max of $1,786.

Rent Affordability Guide

Your rent-to-income ratio14.3%
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: $76,541Needed: $36,360
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $76,541Needed: $32,957
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $76,541Needed: $63,092

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 Fayette County, Texas?
Fayette County, Texas has a median monthly rent of $909/mo and a median home value of $271,100. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Fayette County?
The median gross rent in Fayette County is $909/mo. This is 6% below state average for Texas.
Is Fayette County affordable?
Fayette County is rated Unaffordable based on rent-to-income ratio of 24.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Fayette County's rent compare to the state average?
Fayette County's median rent of $909/mo is 6% below state average of $963/mo for Texas.
What is the median home value in Fayette County?
The median home value in Fayette County, Texas is $271,100. This is 4% 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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