Cost of Living in Gillespie County, Texas

$1,331/mo
Median Monthly Rent
$432,300
Median Home Value

At a Glance

Median Monthly Rent
$1,331/mo
38% above state average
Median Home Value
$432,300
53% above national
Rent-to-Income Ratio
29.0%
% 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 Gillespie County Compares

Median monthly rent comparison

Gillespie County$1,331/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$1,331/mo
Median Gross Rent
$432,300
Median Home Value
$1,033/mo
Monthly Owner Cost
29.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Gillespie County ranks #2,048 of 3,144 counties for affordability (bottom 35%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Gillespie County, Texas

Gillespie's rent squeeze outpaces state

Gillespie County's rent-to-income ratio of 23.6% stands significantly above Texas's state average of 18.1%, signaling an affordability challenge for renters. Median rent of $1,331 per month far exceeds the state median of $963, driven by the county's Hill Country appeal and proximity to Austin.

Among Texas's least affordable counties

Gillespie ranks near the bottom of Texas counties for housing affordability, with renters bearing a notably heavy cost burden relative to the $67,799 median income. The county's popularity as a Hill Country destination has inflated housing costs beyond what local incomes can comfortably sustain.

Costliest rent; median homes priciest

Gillespie's $1,331 monthly rent is the highest among these eight counties, while median home values of $432,300 nearly double Galveston's $284,900. These premium prices reflect Hill Country cache and Austin-area spillover demand—but they come at the expense of affordability for average-income households.

Renters struggle; homebuyers pay dearly

Renters in Gillespie spend a staggering 23.6% of their $67,799 income on housing, the highest burden across all eight counties. Homeowners commit 18.3% to a median monthly cost of $1,033, also among the highest, making Gillespie work only for well-above-average earners.

Move here only if income allows

Gillespie rewards the well-to-do with Hill Country beauty and Austin proximity, but renters and modest earners should compare costs carefully before relocating. If you're earning significantly above $67,799, Gillespie's premium housing costs become manageable; otherwise, consider more affordable neighbors like Gaines or Garza.

Cost of Living Advisory: Gillespie County

Affordability Verdict

For renters in Gillespie County, the market is affordable. Expect to pay around $1,331/month in gross rent, with 29.0% of renter households considered cost-burdened.

Rent vs. Own

Renters in Gillespie County pay $1,331/month on average, compared to $1,033/month for homeowners. This market favors buyers by about 22%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $53,240/year. For owner costs at the 28% rule, the required income is roughly $44,271/year. With a median household income of $67,799, most households can comfortably afford rent here. Notably, 29.0% of renter households in Gillespie County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Gillespie County sits 4% less expensive than Midland County ($1,383/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Gillespie County

$

Rent Burden

23.6%

of gross income

Max Housing (28% Rule)

$1,582

per month

Owner Cost Burden

18.3%

of gross income

The median home in Gillespie County may be a stretch

Median home value is $432,300. Estimated monthly cost: $3,451 vs. your max of $1,582.

Rent Affordability Guide

Your rent-to-income ratio23.6%
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: $67,799Needed: $53,240
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $67,799Needed: $44,271
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? No
Your income: $67,799Needed: $100,608

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 Gillespie County, Texas?
Gillespie County, Texas has a median monthly rent of $1,331/mo and a median home value of $432,300. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.
What is the median rent in Gillespie County?
The median gross rent in Gillespie County is $1,331/mo. This is 38% above state average for Texas.
Is Gillespie County affordable?
Gillespie County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Gillespie County's rent compare to the state average?
Gillespie County's median rent of $1,331/mo is 38% above state average of $963/mo for Texas.
What is the median home value in Gillespie County?
The median home value in Gillespie County, Texas is $432,300. This is 53% above 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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