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
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.
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
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.