Cost of Living in Knox County, Texas

$661/mo
Median Monthly Rent
$66,800
Median Home Value
31% below state averageUnaffordable

At a Glance

Median Monthly Rent
$661/mo
31% below state average
Median Home Value
$66,800
76% below national
Rent-to-Income Ratio
19.0%
% 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 Knox County Compares

Median monthly rent comparison

Knox County$661/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$661/mo
Median Gross Rent
$66,800
Median Home Value
$597/mo
Monthly Owner Cost
19.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Knox County, Texas

Knox County rents are a bargain

With a rent-to-income ratio of 14.1%, Knox County residents spend significantly less on housing than the typical American household. This falls well below the national affordability threshold of 30%, making it one of the most accessible rental markets in the country.

Among Texas's most affordable

Knox County's 14.1% rent-to-income ratio beats Texas's state average of 18.1%, ranking it in the upper tier of housing affordability across all 254 Texas counties. Median rent here is just $661 monthly—30% cheaper than the state average of $963.

A regional housing bargain

Knox County offers some of the lowest rents in its region, with neighbors like Lamar County ($897/month) and Leon County ($798/month) charging substantially more. Its $661 monthly rent and modest $66,800 median home value make it particularly attractive to budget-conscious renters and first-time homebuyers.

Where your housing dollar goes

Knox County residents with a median household income of $56,304 allocate just $661 to rent or $597 to mortgage payments monthly. This means the typical household dedicates only 14% of income to rental housing or slightly over 12% to ownership—leaving substantial room for other expenses.

Consider Knox for affordability

If you're relocating on a modest budget, Knox County's combination of low rents, affordable home prices, and minimal housing-cost burden makes it worth serious consideration. Compare it against nearby alternatives like Leon County ($798 rent) or Lamar County ($897 rent) to find your best fit.

Affordability Calculator

See how your income compares to housing costs in Knox County

$

Rent Burden

14.1%

of gross income

Max Housing (28% Rule)

$1,314

per month

Owner Cost Burden

12.7%

of gross income

You can likely afford the median home in Knox County

Median home value is $66,800. Estimated monthly cost: $533 vs. your max of $1,314.

Rent Affordability Guide

Your rent-to-income ratio14.1%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Knox County, Texas?
Knox County, Texas has a median monthly rent of $661/mo and a median home value of $66,800. The affordability rating is Unaffordable, with rent making up approximately 19.0% of median household income.
What is the median rent in Knox County?
The median gross rent in Knox County is $661/mo. This is 31% below state average for Texas.
Is Knox County affordable?
Knox County is rated Unaffordable based on rent-to-income ratio of 19.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Knox County's rent compare to the state average?
Knox County's median rent of $661/mo is 31% below state average of $963/mo for Texas.
What is the median home value in Knox County?
The median home value in Knox County, Texas is $66,800. This is 76% below the national median home value of $281,900.
Sponsored

Planning a Move?

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

Compare Moving Quotes

Counties with Similar Housing Costs

Sponsored

Compare Mortgage Rates in Knox County

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

See Today's Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.