Cost of Living in Randall County, Texas

$1,119/mo
Median Monthly Rent
$227,500
Median Home Value
16% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,119/mo
16% above state average
Median Home Value
$227,500
19% below national
Rent-to-Income Ratio
26.0%
% 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 Randall County Compares

Median monthly rent comparison

Randall County$1,119/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$1,119/mo
Median Gross Rent
$227,500
Median Home Value
$1,293/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Randall County, Texas

Randall County rewards high earners

Randall County's 16.6% rent-to-income ratio matches the state average advantage despite premium housing costs, thanks to the highest median income in this eight-county set at $80,905. At $1,119 monthly rent and $74,755 national median income, Randall residents earn 8% above the national average.

Prosperity meets affordability in Randall

Randall County's strong household incomes and competitive rent-to-income ratio position it as one of Texas's most economically robust counties. The county's above-average earnings offset its above-average housing costs, creating genuine affordability for those with stable employment.

Premium pricing reflects premium incomes

Randall County's $1,119 rent is the highest among these eight counties, but so is its median income at $80,905. This premium pricing reflects strong demand and economic activity rather than affordability stress—Randall residents earn enough to comfortably bear these costs.

Ownership requires serious commitment

Homeowners in Randall pay $1,293 monthly—the highest among these eight counties—while renters pay $1,119. With median home value at $227,500 and median income at $80,905, ownership demands financial discipline but builds substantial long-term wealth.

Randall suits established professionals

Relocating to Randall County requires solid employment prospects and above-average earnings to sustain the higher housing costs. If you're considering Randall, ensure your income aligns with the county's premium pricing—this is where strong earners thrive.

Affordability Calculator

See how your income compares to housing costs in Randall County

$

Rent Burden

16.6%

of gross income

Max Housing (28% Rule)

$1,888

per month

Owner Cost Burden

19.2%

of gross income

You can likely afford the median home in Randall County

Median home value is $227,500. Estimated monthly cost: $1,816 vs. your max of $1,888.

Rent Affordability Guide

Your rent-to-income ratio16.6%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Randall County, Texas?
Randall County, Texas has a median monthly rent of $1,119/mo and a median home value of $227,500. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Randall County?
The median gross rent in Randall County is $1,119/mo. This is 16% above state average for Texas.
Is Randall County affordable?
Randall County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Randall County's rent compare to the state average?
Randall County's median rent of $1,119/mo is 16% above state average of $963/mo for Texas.
What is the median home value in Randall County?
The median home value in Randall County, Texas is $227,500. This is 19% 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.