Cost of Living in Foard County, Texas
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Foard County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Foard County ranks #1,068 of 3,144 counties for affordability (top 34%)
Data Story
About Cost of Living in Foard County, Texas
Foard County delivers rock-bottom housing costs
Foard County's rent-to-income ratio of 16.4% sits 5.2 percentage points below the national average, with renters spending less than one-sixth of their income on housing. The $577 median rent ranks among the cheapest in America, making this West Texas county exceptionally accessible.
Below-average housing burden in Texas
Foard County's 16.4% rent-to-income ratio edges below Texas's state average of 18.1%, despite the county's below-median household income of $42,212. This makes Foard an outlier: low incomes paired with genuinely affordable housing.
Cheapest rents among comparable counties
Foard County's $577 median rent ties with Floyd County ($587) as the lowest in the comparison group, beating Fannin County ($994) by 42%. Median home values of $71,400 are the lowest among all counties analyzed, reflecting the region's ultra-rural affordability.
Low costs meet lower incomes
Foard County renters pay $577 monthly from a median household income of just $42,212, consuming 16.4% of earnings, while homeowners spend $527 on homes valued at $71,400. The challenge isn't affordability relative to income—it's that median incomes lag statewide, limiting overall purchasing power.
Foard County for minimal housing burden
If you earn less than the state median but need affordable shelter, Foard County's $577 rents and $71,400 home values provide exceptional value. Compare your current rent-to-income ratio (16.4% is your baseline) against your actual burden to assess whether this remote county makes financial sense for your household.
Cost of Living Advisory: Foard County
Affordability Verdict
For renters in Foard County, the market is affordable. Expect to pay around $577/month in gross rent, with 28.0% of renter households considered cost-burdened.
Rent vs. Own
The median rent in Foard County is $577/month, while owner costs run $527/month. Owning saves approximately $50/month.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $23,080/year. For owner costs at the 28% rule, the required income is roughly $22,586/year. With a median household income of $42,212, most households can comfortably afford rent here. Notably, 28.0% of renter households in Foard County are cost-burdened, spending more than 30% of income on housing.
Regional Context
Within Texas, Foard County is less affordable than Fisher County by roughly 8% ($577/mo vs $629/mo).
Affordability Calculator
See how your income compares to housing costs in Foard County
Rent Burden
16.4%
of gross income
Max Housing (28% Rule)
$985
per month
Owner Cost Burden
15.0%
of gross income
You can likely afford the median home in Foard County
Median home value is $71,400. Estimated monthly cost: $570 vs. your max of $985.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
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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
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
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