Cost of Living in Pecos County, Texas

$973/mo
Median Monthly Rent
$142,900
Median Home Value

At a Glance

Median Monthly Rent
$973/mo
1% above state average
Median Home Value
$142,900
49% below national
Rent-to-Income Ratio
24.0%
% 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 Pecos County Compares

Median monthly rent comparison

Pecos County$973/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$973/mo
Median Gross Rent
$142,900
Median Home Value
$720/mo
Monthly Owner Cost
24.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Pecos County ranks #1,754 of 3,144 counties for affordability (bottom 44%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Pecos County, Texas

Pecos rents eat less of your paycheck

At 17.3%, Pecos County's rent-to-income ratio sits below the Texas average of 18.1% and suggests housing is more affordable here than in many American markets. The typical renter spends about $973 monthly on housing while earning $67,689 annually—modestly less than the national median income of $74,755.

Better than average across Texas

Pecos County ranks favorably among Texas counties for rental affordability, with renters dedicating a smaller share of income to housing than the state average. This positions Pecos as a relatively affordable option within a state where rent pressures vary dramatically by region.

Competitive with West Texas peers

Pecos County's $973 median rent is nearly identical to the state average of $963, making it competitive with similar rural West Texas counties. Housing costs here align closely with nearby markets, offering stability for renters considering the region.

Renting versus buying in Pecos

Renters in Pecos spend $973 monthly while homeowners pay $720, making ownership significantly cheaper on a monthly basis. With a median home value of $142,900 and strong incomes averaging $67,689, both pathways remain within reach for working families.

Consider Pecos for balanced costs

If you're weighing relocation, Pecos County offers below-average housing burden without sacrificing regional economics or proximity to larger markets. Compare this rent-to-income ratio against other counties on this list to find your best fit.

Cost of Living Advisory: Pecos County

Affordability Verdict

Housing in Pecos County is affordable. The median rent is $973/month against a median household income of $67,689, putting rent at 17.2% of income.

Rent vs. Own

Renters in Pecos County pay $973/month on average, compared to $720/month for homeowners. This market favors buyers by about 26%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $38,920/year. For owner costs at the 28% rule, the required income is roughly $30,857/year. With a median household income of $67,689, most households can comfortably afford rent here. Notably, 24.0% of renter households in Pecos County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Palo Pinto County where rent averages $1,024/month, Pecos County is approximately 5% less expensive.

Affordability Calculator

See how your income compares to housing costs in Pecos County

$

Rent Burden

17.2%

of gross income

Max Housing (28% Rule)

$1,579

per month

Owner Cost Burden

12.8%

of gross income

You can likely afford the median home in Pecos County

Median home value is $142,900. Estimated monthly cost: $1,141 vs. your max of $1,579.

Rent Affordability Guide

Your rent-to-income ratio17.2%
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: $67,689Needed: $38,920
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $67,689Needed: $30,857
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $67,689Needed: $33,257

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 Pecos County, Texas?
Pecos County, Texas has a median monthly rent of $973/mo and a median home value of $142,900. The affordability rating is Unaffordable, with rent making up approximately 24.0% of median household income.
What is the median rent in Pecos County?
The median gross rent in Pecos County is $973/mo. This is 1% above state average for Texas.
Is Pecos County affordable?
Pecos County is rated Unaffordable based on rent-to-income ratio of 24.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Pecos County's rent compare to the state average?
Pecos County's median rent of $973/mo is 1% above state average of $963/mo for Texas.
What is the median home value in Pecos County?
The median home value in Pecos County, Texas is $142,900. This is 49% 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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