Cost of Living in Grimes County, Texas

$985/mo
Median Monthly Rent
$226,600
Median Home Value
2% above state averageUnaffordable

At a Glance

Median Monthly Rent
$985/mo
2% above state average
Median Home Value
$226,600
20% below national
Rent-to-Income Ratio
33.0%
% 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 Grimes County Compares

Median monthly rent comparison

Grimes County$985/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$985/mo
Median Gross Rent
$226,600
Median Home Value
$763/mo
Monthly Owner Cost
33.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Grimes County, Texas

Grimes County below national rent burden

At 17.6%, Grimes County's rent-to-income ratio sits below the national average of 18.1%, giving renters a slight affordability advantage compared to typical U.S. markets. The median rent of $985 is reasonable for a county with solid income levels.

Better than Texas average overall

Grimes County's 17.6% rent-to-income ratio beats the Texas state average of 18.1%, positioning it as a relatively affordable option within the state. The median home value of $226,600 suggests a healthy market with appreciation potential.

Middle ground among regional peers

Grimes's $985 median rent falls between cheaper neighbors like Gonzales ($837) and Gray ($898), while undercutting Grayson ($1,178) and Gregg ($1,072). The county offers balanced affordability for a market with higher home values and stronger economic fundamentals.

Renting and buying both viable

Renters in Grimes pay $985 monthly (17.6% of the $67,080 median income), while homeowners pay $763 (13.6%)—making ownership substantially cheaper. The divergence between rent and mortgage costs suggests strong equity-building potential for buyers.

Grimes balances affordability and value

Grimes County offers an appealing middle ground: rents below state average and home values above many rural peers, making it ideal for relocators seeking both affordability and appreciation. If homeownership is your goal, the $763 median mortgage payment is particularly competitive.

Affordability Calculator

See how your income compares to housing costs in Grimes County

$

Rent Burden

17.6%

of gross income

Max Housing (28% Rule)

$1,565

per month

Owner Cost Burden

13.6%

of gross income

The median home in Grimes County may be a stretch

Median home value is $226,600. Estimated monthly cost: $1,809 vs. your max of $1,565.

Rent Affordability Guide

Your rent-to-income ratio17.6%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Grimes County, Texas?
Grimes County, Texas has a median monthly rent of $985/mo and a median home value of $226,600. The affordability rating is Unaffordable, with rent making up approximately 33.0% of median household income.
What is the median rent in Grimes County?
The median gross rent in Grimes County is $985/mo. This is 2% above state average for Texas.
Is Grimes County affordable?
Grimes County is rated Unaffordable based on rent-to-income ratio of 33.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Grimes County's rent compare to the state average?
Grimes County's median rent of $985/mo is 2% above state average of $963/mo for Texas.
What is the median home value in Grimes County?
The median home value in Grimes County, Texas is $226,600. This is 20% 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.