Cost of Living in Mills County, Texas

$713/mo
Median Monthly Rent
$200,200
Median Home Value
26% below state averageUnaffordable

At a Glance

Median Monthly Rent
$713/mo
26% below state average
Median Home Value
$200,200
29% below national
Rent-to-Income Ratio
20.0%
% 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 Mills County Compares

Median monthly rent comparison

Mills County$713/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$713/mo
Median Gross Rent
$200,200
Median Home Value
$694/mo
Monthly Owner Cost
20.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Mills County, Texas

Mills County's surprising affordability

Mills County's rent-to-income ratio of 13.3% ranks among Texas's best, significantly below both the state average of 18.1% and the sustainable national benchmark. With $713 monthly rent against a $64,494 median income, Mills residents enjoy the most relaxed housing burden in this eight-county comparison.

Top-tier Texas affordability

Mills ranks in the upper echelon of Texas counties for housing affordability, combining modest rents with moderate incomes to produce exceptionally sustainable ratios. The median home value of $200,200 reflects stable property markets without speculation or crisis.

Best rent-to-income in the region

Mills's 13.3% rent-to-income ratio beats all comparable counties—Mitchell at 10.3% is exceptional but reflects extreme poverty, while Medina at 17.8% and Montague at 18.3% carry heavier burdens. Mills achieves the best balance of sustainable income and realistic housing costs.

Renters and owners both win

Renters spend only 13.3% of income on $713 rent, while homeowners allocate roughly 13% to $694 monthly ownership costs. This rare near-parity suggests a county where rental and ownership markets remain aligned and affordable, with flexibility for both paths.

Hidden gem for affordable living

Mills County offers the sweet spot: genuine affordability without desperate poverty, allowing residents to build savings alongside stable housing. For remote workers or retirees, Mills delivers Hill Country proximity with urban-level financial breathing room.

Affordability Calculator

See how your income compares to housing costs in Mills County

$

Rent Burden

13.3%

of gross income

Max Housing (28% Rule)

$1,505

per month

Owner Cost Burden

12.9%

of gross income

The median home in Mills County may be a stretch

Median home value is $200,200. Estimated monthly cost: $1,598 vs. your max of $1,505.

Rent Affordability Guide

Your rent-to-income ratio13.3%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Mills County, Texas?
Mills County, Texas has a median monthly rent of $713/mo and a median home value of $200,200. The affordability rating is Unaffordable, with rent making up approximately 20.0% of median household income.
What is the median rent in Mills County?
The median gross rent in Mills County is $713/mo. This is 26% below state average for Texas.
Is Mills County affordable?
Mills County is rated Unaffordable based on rent-to-income ratio of 20.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Mills County's rent compare to the state average?
Mills County's median rent of $713/mo is 26% below state average of $963/mo for Texas.
What is the median home value in Mills County?
The median home value in Mills County, Texas is $200,200. This is 29% 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.