Cost of Living in Hardeman County, Texas

$688/mo
Median Monthly Rent
$76,500
Median Home Value

At a Glance

Median Monthly Rent
$688/mo
29% below state average
Median Home Value
$76,500
73% below national
Rent-to-Income Ratio
20.0%
% 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 Hardeman County Compares

Median monthly rent comparison

Hardeman County$688/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$688/mo
Median Gross Rent
$76,500
Median Home Value
$726/mo
Monthly Owner Cost
20.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Hardeman County ranks #849 of 3,144 counties for affordability (top 27%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Hardeman County, Texas

Hardeman County: Texas's housing bargain

Hardeman County's 13.5% rent-to-income ratio beats the Texas state average of 18.1% and drastically undercuts the national average near 30%. Renters here enjoy some of the cheapest housing costs in the nation relative to income.

Elite affordability in Texas

Hardeman County ranks in the top tier of Texas's 254 counties for housing affordability, with a median rent of just $688—the lowest among our comparison group. This reflects a genuinely affordable rural market.

The cheapest rents in the cluster

Hardeman County's $688 median rent is the lowest among neighboring counties, with only Hamilton County at $847 coming close. Median home values of just $76,500 make homeownership an option for nearly any family.

Housing barely dents your budget

With a median household income of $61,179, Hardeman residents spend just 13.5% on rent or roughly 14.3% on mortgage payments. This leaves the majority of income available for food, healthcare, education, and savings.

Hardeman is the ultimate bargain

For families prioritizing affordability above all else, Hardeman County offers rock-bottom housing costs—median rent under $700 and homes under $77,000. This west Texas county is ideal for those seeking maximum income flexibility.

Cost of Living Advisory: Hardeman County

Affordability Verdict

Hardeman County is affordable for renters, with a median gross rent of $688/month representing approximately 13.5% of median household income. The rent burden (GRAPI) stands at 20.0%.

Rent vs. Own

At $688/month rent versus $726/month in owner costs, renting is roughly $38/month cheaper — a 5% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $27,520/year. For owner costs at the 28% rule, the required income is roughly $31,114/year. With a median household income of $61,179, most households can comfortably afford rent here. Notably, 20.0% of renter households in Hardeman County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Texas, Hardeman County is more affordable than Crosby County by roughly 8% ($688/mo vs $637/mo).

Affordability Calculator

See how your income compares to housing costs in Hardeman County

$

Rent Burden

13.5%

of gross income

Max Housing (28% Rule)

$1,428

per month

Owner Cost Burden

14.2%

of gross income

You can likely afford the median home in Hardeman County

Median home value is $76,500. Estimated monthly cost: $611 vs. your max of $1,428.

Rent Affordability Guide

Your rent-to-income ratio13.5%
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: $61,179Needed: $27,520
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $61,179Needed: $31,114
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $61,179Needed: $17,804

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 Hardeman County, Texas?
Hardeman County, Texas has a median monthly rent of $688/mo and a median home value of $76,500. The affordability rating is Unaffordable, with rent making up approximately 20.0% of median household income.
What is the median rent in Hardeman County?
The median gross rent in Hardeman County is $688/mo. This is 29% below state average for Texas.
Is Hardeman County affordable?
Hardeman County is rated Unaffordable based on rent-to-income ratio of 20.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Hardeman County's rent compare to the state average?
Hardeman County's median rent of $688/mo is 29% below state average of $963/mo for Texas.
What is the median home value in Hardeman County?
The median home value in Hardeman County, Texas is $76,500. This is 73% below the national median home value of $281,900.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

Researching the cost of living in Hardeman County, Texas? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Hardeman County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates
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.

CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.