Cost of Living in Howard County, Texas

$993/mo
Median Monthly Rent
$150,300
Median Home Value
3% above state averageUnaffordable

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

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.

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%

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.
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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.