Cost of Living in Howard County, Texas

$993/mo
Median Monthly Rent
$150,300
Median Home Value

At a Glance

Median Monthly Rent
$993/mo
3% above state average
Median Home Value
$150,300
47% below national
Rent-to-Income Ratio
25.0%
% 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 Howard County Compares

Median monthly rent comparison

Howard County$993/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$993/mo
Median Gross Rent
$150,300
Median Home Value
$850/mo
Monthly Owner Cost
25.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Howard County ranks #3,122 of 3,144 counties for affordability (bottom 1%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Howard County, Texas

Howard County beats national affordability

Howard County's 16.7% rent-to-income ratio outperforms the national benchmark, making it one of Texas's more affordable housing markets despite modest wages. With median household income of $71,457—just 5% below the national average—residents enjoy better housing affordability than most of the country.

Best affordability in Texas comparison

At 16.7%, Howard County's rent-to-income ratio ranks well below Texas's state average of 18.1%, signaling genuine housing relief for renters. The median rent of $993 sits just 3% above the state average, making it a reasonably priced option in the Texas housing market.

Howard leads adjacent counties

Howard County's 16.7% affordability ratio outpaces Hunt County (20.3%), Irion County (21.2%), and Houston County (19.2%), positioning it as the most renter-friendly option in the region. Only Hutchinson County (15.6%) offers better affordability, but with significantly lower median income.

Howard County housing costs explained

Renters pay $993 monthly while homeowners carry $850, creating a compact $143 gap that favors ownership for those with downpayment ability. Against median income of $71,457 annually, housing absorbs just 16.7%—leaving substantial income for savings, healthcare, and quality of life.

Howard County: solid middle ground

If affordability and income stability matter equally, Howard County deserves your attention with its below-state-average housing burden and $150,300 median home value. Test whether your current monthly housing costs exceed $993 rent or $850 ownership—if so, a move could free up meaningful income each year.

Cost of Living Advisory: Howard County

Affordability Verdict

Housing in Howard County is affordable. The median rent is $993/month against a median household income of $71,457, putting rent at 16.7% of income.

Rent vs. Own

The median rent in Howard County is $993/month, while owner costs run $850/month. Owning saves approximately $143/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $39,720/year. For owner costs at the 28% rule, the required income is roughly $36,429/year. With a median household income of $71,457, most households can comfortably afford rent here. Notably, 25.0% of renter households in Howard County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to El Paso County where rent averages $1,045/month, Howard County is approximately 5% less expensive.

Affordability Calculator

See how your income compares to housing costs in Howard County

$

Rent Burden

16.7%

of gross income

Max Housing (28% Rule)

$1,667

per month

Owner Cost Burden

14.3%

of gross income

You can likely afford the median home in Howard County

Median home value is $150,300. Estimated monthly cost: $1,200 vs. your max of $1,667.

Rent Affordability Guide

Your rent-to-income ratio16.7%
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: $71,457Needed: $39,720
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $71,457Needed: $36,429
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $71,457Needed: $34,979

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 Howard County, Texas?
Howard County, Texas has a median monthly rent of $993/mo and a median home value of $150,300. The affordability rating is Unaffordable, with rent making up approximately 25.0% of median household income.
What is the median rent in Howard County?
The median gross rent in Howard County is $993/mo. This is 3% above state average for Texas.
Is Howard County affordable?
Howard County is rated Unaffordable based on rent-to-income ratio of 25.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Howard County's rent compare to the state average?
Howard County's median rent of $993/mo is 3% above state average of $963/mo for Texas.
What is the median home value in Howard County?
The median home value in Howard County, Texas is $150,300. This is 47% below the national median home value of $281,900.

Counties with Similar Housing Costs

Sponsored

Planning a Move?

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

Compare Moving Quotes
Sponsored

Compare Mortgage Rates in Howard 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.