Cost of Living in Randall County, Texas

$1,119/mo
Median Monthly Rent
$227,500
Median Home Value

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

National Ranking

Affordability Rank

Randall County ranks #2,143 of 3,144 counties for affordability (bottom 32%)

Most AffordableLeast Affordable

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.

Cost of Living Advisory: Randall County

Affordability Verdict

For renters in Randall County, the market is affordable. Expect to pay around $1,119/month in gross rent, with 26.0% of renter households considered cost-burdened.

Rent vs. Own

Renters in Randall County pay $1,119/month on average, compared to $1,293/month for homeowners. This market favors renters by about 13%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $44,760/year. For owner costs at the 28% rule, the required income is roughly $55,414/year. With a median household income of $80,905, most households can comfortably afford rent here. Notably, 26.0% of renter households in Randall County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Texas, Randall County is less affordable than Martin County by roughly 5% ($1,119/mo vs $1,175/mo).

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%

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: $80,905Needed: $44,760
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $80,905Needed: $55,414
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $80,905Needed: $52,945

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 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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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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