Cost of Living in Lamar County, Texas

$897/mo
Median Monthly Rent
$175,500
Median Home Value

At a Glance

Median Monthly Rent
$897/mo
7% below state average
Median Home Value
$175,500
38% below national
Rent-to-Income Ratio
28.0%
% 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 Lamar County Compares

Median monthly rent comparison

Lamar County$897/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$897/mo
Median Gross Rent
$175,500
Median Home Value
$756/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Lamar County ranks #2,795 of 3,144 counties for affordability (bottom 11%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Lamar County, Texas

Lamar County rents stay affordable

Lamar County's rent-to-income ratio of 17.6% sits comfortably below the 30% affordability benchmark, meaning renters here spend less than one-fifth of their income on housing. This outperforms the national average and reflects genuinely accessible rental costs for working families.

Near-average affordability statewide

At 17.6%, Lamar County's rent-to-income ratio slightly beats Texas's state average of 18.1%, placing it in the middle-to-upper tier of affordability among Texas counties. Median rent of $897 runs 7% below the state average of $963, offering modest savings on housing costs.

Competitive rental market nearby

Lamar County's $897 rent falls between Knox County's bargain-basement $661 and Lee County's pricier $1,050, offering middle-ground affordability. For homebuyers, its $175,500 median home value positions it above Knox but well below more expensive neighbors like Lampasas ($236,000).

Housing takes less than a fifth

Lamar County residents with a median household income of $61,122 spend $897 on rent or $756 on mortgage payments monthly—representing 17.6% of income for renters and 14.8% for owners. Both figures suggest healthy financial breathing room beyond housing expenses.

Lamar offers solid middle ground

Considering a move to north Texas? Lamar County delivers competitive affordability without sacrificing homeownership opportunities or access to regional amenities. Compare its $897 rent and $175,500 home values against nearby Knox and Lee Counties to find your ideal balance.

Cost of Living Advisory: Lamar County

Affordability Verdict

Housing in Lamar County is affordable. The median rent is $897/month against a median household income of $61,122, putting rent at 17.6% of income.

Rent vs. Own

At $897/month rent versus $756/month in owner costs, owning is roughly $141/month cheaper — a 16% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $35,880/year. For owner costs at the 28% rule, the required income is roughly $32,400/year. With a median household income of $61,122, most households can comfortably afford rent here. Notably, 28.0% of renter households in Lamar County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Texas, Lamar County is less affordable than Franklin County by roughly 5% ($897/mo vs $948/mo).

Affordability Calculator

See how your income compares to housing costs in Lamar County

$

Rent Burden

17.6%

of gross income

Max Housing (28% Rule)

$1,426

per month

Owner Cost Burden

14.8%

of gross income

You can likely afford the median home in Lamar County

Median home value is $175,500. Estimated monthly cost: $1,401 vs. your max of $1,426.

Rent Affordability Guide

Your rent-to-income ratio17.6%
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: $61,122Needed: $35,880
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $61,122Needed: $32,400
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $61,122Needed: $40,844

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 Lamar County, Texas?
Lamar County, Texas has a median monthly rent of $897/mo and a median home value of $175,500. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Lamar County?
The median gross rent in Lamar County is $897/mo. This is 7% below state average for Texas.
Is Lamar County affordable?
Lamar County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Lamar County's rent compare to the state average?
Lamar County's median rent of $897/mo is 7% below state average of $963/mo for Texas.
What is the median home value in Lamar County?
The median home value in Lamar County, Texas is $175,500. This is 38% below the national median home value of $281,900.

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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.

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