Cost of Living in Lampasas County, Texas

$961/mo
Median Monthly Rent
$236,000
Median Home Value

At a Glance

Median Monthly Rent
$961/mo
0% below state average
Median Home Value
$236,000
16% 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 Lampasas County Compares

Median monthly rent comparison

Lampasas County$961/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$961/mo
Median Gross Rent
$236,000
Median Home Value
$1,064/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Lampasas County ranks #2,428 of 3,144 counties for affordability (bottom 23%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Lampasas County, Texas

Lampasas County beats national averages

Lampasas County's rent-to-income ratio of 15.0% significantly underperforms the national affordability standard, giving residents substantial financial flexibility. With median household income ($76,919) exceeding the national average by $2,164, Lampasas offers both higher incomes and lower housing-cost burdens.

Texas's most affluent housing market

Lampasas County boasts the highest median household income ($76,919) among these eight counties and ranks well above Texas's state average for income. Its 15.0% rent-to-income ratio beats the state average of 18.1%, making it both wealthy and affordable—a rare combination.

Premium pricing, premium incomes

Lampasas County's $961 rent and $236,000 median home value represent the highest in this region, but so does its median household income of $76,919. Its residents have significantly more earning power than neighbors like Lavaca County ($61,768) or Leon County ($59,975), justifying the premium.

Higher costs, higher capacity

Lampasas County residents spend $961 monthly on rent (15% of income) or $1,064 on mortgage payments (16.6% of income), among the highest absolute costs in this group. However, their median income of $76,919 makes these payments manageable, leaving ample room for savings and discretionary spending.

Lampasas for affluent professionals

Lampasas County delivers premium amenities and strong affordability ratios if your household income matches or exceeds the $76,919 median. If you're earning well and seeking a prosperous community with manageable housing costs, compare Lampasas against neighboring Lavaca and Leon Counties.

Cost of Living Advisory: Lampasas County

Affordability Verdict

For renters in Lampasas County, the market is affordable. Expect to pay around $961/month in gross rent, with 28.0% of renter households considered cost-burdened.

Rent vs. Own

Renters in Lampasas County pay $961/month on average, compared to $1,064/month for homeowners. This market favors renters by about 10%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $38,440/year. For owner costs at the 28% rule, the required income is roughly $45,600/year. With a median household income of $76,919, most households can comfortably afford rent here. Notably, 28.0% of renter households in Lampasas County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Texas, Lampasas County is more affordable than Castro County by roughly 6% ($961/mo vs $910/mo).

Affordability Calculator

See how your income compares to housing costs in Lampasas County

$

Rent Burden

15.0%

of gross income

Max Housing (28% Rule)

$1,795

per month

Owner Cost Burden

16.6%

of gross income

The median home in Lampasas County may be a stretch

Median home value is $236,000. Estimated monthly cost: $1,884 vs. your max of $1,795.

Rent Affordability Guide

Your rent-to-income ratio15.0%
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: $76,919Needed: $38,440
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $76,919Needed: $45,600
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $76,919Needed: $54,924

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 Lampasas County, Texas?
Lampasas County, Texas has a median monthly rent of $961/mo and a median home value of $236,000. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Lampasas County?
The median gross rent in Lampasas County is $961/mo. This is 0% below state average for Texas.
Is Lampasas County affordable?
Lampasas 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 Lampasas County's rent compare to the state average?
Lampasas County's median rent of $961/mo is 0% below state average of $963/mo for Texas.
What is the median home value in Lampasas County?
The median home value in Lampasas County, Texas is $236,000. This is 16% 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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