Cost of Living in Menard County, Texas

$810/mo
Median Monthly Rent
$105,300
Median Home Value

At a Glance

Median Monthly Rent
$810/mo
16% below state average
Median Home Value
$105,300
63% 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 Menard County Compares

Median monthly rent comparison

Menard County$810/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$810/mo
Median Gross Rent
$105,300
Median Home Value
$680/mo
Monthly Owner Cost
19.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Menard County ranks #1,287 of 3,144 counties for affordability (top 41%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Menard County, Texas

Menard struggles with affordability

Menard County's median household income of $48,191 is 36% below the national average, yet its rent-to-income ratio of 20.2% exceeds the state average of 18.1%, signaling real affordability strain. At just $810 monthly, rent is 16% cheaper than the state median, but limited incomes make even low rents burdensome.

Below-average income, above-average burden

Menard ranks among Texas's least affordable counties relative to income, despite modest absolute housing costs. The 20.2% rent-to-income ratio flags this rural county as a place where housing consumes a larger share of household budgets than most Texans experience.

Pricier than Mitchell, tighter than Medina

Menard's $810 rent sits between Mitchell County's bargain $481 and Medina's $1,091, but its lower incomes mean the burden feels heaviest here. McMullen County offers comparable homeownership costs but even less rental market activity, making direct comparison difficult.

Housing takes a bigger bite

Renters devote 20.2% of income to housing—above the sustainable 15-20% range—while homeowners spend roughly 17% on $680 monthly ownership costs. This imbalance reflects a county where renters face tighter constraints than homeowners, pressuring local retention.

Consider if income aligns

Menard's low housing costs attract budget-conscious movers, but only if your income is stable or portable. Remote work or business ownership would strengthen your financial footing in this rural, income-challenged region.

Cost of Living Advisory: Menard County

Affordability Verdict

For renters in Menard County, the market is affordable. Expect to pay around $810/month in gross rent, with 19.0% of renter households considered cost-burdened.

Rent vs. Own

At $810/month rent versus $680/month in owner costs, owning is roughly $130/month cheaper — a 16% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $32,400/year. For owner costs at the 28% rule, the required income is roughly $29,143/year. With a median household income of $48,191, most households can comfortably afford rent here. Notably, 19.0% of renter households in Menard County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Wilbarger County where rent averages $862/month, Menard County is approximately 6% less expensive.

Affordability Calculator

See how your income compares to housing costs in Menard County

$

Rent Burden

20.2%

of gross income

Max Housing (28% Rule)

$1,124

per month

Owner Cost Burden

16.9%

of gross income

You can likely afford the median home in Menard County

Median home value is $105,300. Estimated monthly cost: $841 vs. your max of $1,124.

Rent Affordability Guide

Your rent-to-income ratio20.2%
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: $48,191Needed: $32,400
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $48,191Needed: $29,143
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $48,191Needed: $24,506

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 Menard County, Texas?
Menard County, Texas has a median monthly rent of $810/mo and a median home value of $105,300. The affordability rating is Unaffordable, with rent making up approximately 19.0% of median household income.
What is the median rent in Menard County?
The median gross rent in Menard County is $810/mo. This is 16% below state average for Texas.
Is Menard County affordable?
Menard 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 Menard County's rent compare to the state average?
Menard County's median rent of $810/mo is 16% below state average of $963/mo for Texas.
What is the median home value in Menard County?
The median home value in Menard County, Texas is $105,300. This is 63% 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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