Cost of Living in Montgomery County, Texas

$1,471/mo
Median Monthly Rent
$317,500
Median Home Value

At a Glance

Median Monthly Rent
$1,471/mo
53% above state average
Median Home Value
$317,500
13% above 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 Montgomery County Compares

Median monthly rent comparison

Montgomery County$1,471/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$1,471/mo
Median Gross Rent
$317,500
Median Home Value
$1,652/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Montgomery County ranks #3,075 of 3,144 counties for affordability (bottom 2%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Montgomery County, Texas

Montgomery outpaces national affordability

Montgomery County renters spend 18.1% of income on housing, matching the Texas average but beating the nation's affordability challenges. With a median household income of $97,266—30% above the U.S. average of $74,755—residents here have stronger financial cushion than most Americans facing housing costs.

Middle ground in Texas housing markets

Montgomery's rent-to-income ratio of 18.1% puts it right at the Texas state average, neither among the most nor least affordable counties in the state. The median home value of $317,500 reflects its proximity to the Houston metro area and suburban growth patterns.

Higher costs, higher incomes nearby

Montgomery County's median rent of $1,471 significantly exceeds neighboring Moore County ($894) and Morris County ($824), though its median household income of $97,266 is substantially higher than all regional peers. Renters here pay roughly 50% more monthly but earn considerably more, reflecting the county's more affluent demographic profile.

Montgomery's housing budget breakdown

Renters allocate $1,471 monthly while homeowners pay $1,652, leaving substantial income for other necessities given the $97,266 median household income. Housing consumes less than one-fifth of Montgomery household budgets, well within the affordability comfort zone.

Considering a move to Montgomery?

Montgomery offers strong affordability for higher-income households seeking suburban Houston proximity without extreme cost burdens. Compare these numbers against your current location: if you're paying more than 18% of income toward housing, Montgomery's market may offer relief—but confirm local job opportunities match your income expectations first.

Cost of Living Advisory: Montgomery County

Affordability Verdict

Montgomery County offers affordable rental housing at a median of $1,471/month — about 18.1% of the typical household income here.

Rent vs. Own

Renters in Montgomery County pay $1,471/month on average, compared to $1,652/month for homeowners. This market favors renters by about 11%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $58,840/year. For owner costs at the 28% rule, the required income is roughly $70,800/year. With a median household income of $97,266, most households can comfortably afford rent here. Notably, 28.0% of renter households in Montgomery County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Montgomery County sits 4% more expensive than Hays County ($1,417/month) in terms of median gross rent.

Affordability Calculator

See how your income compares to housing costs in Montgomery County

$

Rent Burden

18.1%

of gross income

Max Housing (28% Rule)

$2,270

per month

Owner Cost Burden

20.4%

of gross income

The median home in Montgomery County may be a stretch

Median home value is $317,500. Estimated monthly cost: $2,535 vs. your max of $2,270.

Rent Affordability Guide

Your rent-to-income ratio18.1%
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: $97,266Needed: $58,840
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $97,266Needed: $70,800
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $97,266Needed: $73,891

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 Montgomery County, Texas?
Montgomery County, Texas has a median monthly rent of $1,471/mo and a median home value of $317,500. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Montgomery County?
The median gross rent in Montgomery County is $1,471/mo. This is 53% above state average for Texas.
Is Montgomery County affordable?
Montgomery 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 Montgomery County's rent compare to the state average?
Montgomery County's median rent of $1,471/mo is 53% above state average of $963/mo for Texas.
What is the median home value in Montgomery County?
The median home value in Montgomery County, Texas is $317,500. This is 13% above 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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