Cost of Living in Sherman County, Texas

$881/mo
Median Monthly Rent
$125,500
Median Home Value
9% below state averageUnaffordable

At a Glance

Median Monthly Rent
$881/mo
9% below state average
Median Home Value
$125,500
55% below national
Rent-to-Income Ratio
16.0%
% 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 Sherman County Compares

Median monthly rent comparison

Sherman County$881/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$881/mo
Median Gross Rent
$125,500
Median Home Value
$965/mo
Monthly Owner Cost
16.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Sherman County, Texas

Sherman beats national affordability

Sherman County's rent-to-income ratio of 14.3% sits well below the national affordability threshold, making it an attractive option for cost-conscious renters. The county's median household income of $74,167 nearly matches the national median of $74,755.

One of Texas's most affordable

Sherman's 14.3% rent-to-income ratio ranks among the best in Texas, significantly outperforming the state average of 18.1%. Median rent of $881 stays $82 below the state average despite strong income levels.

Cheaper than Starr, costlier than Stonewall

Sherman's $881 monthly rent falls between Stonewall County's bargain $620 and nearby Starr County's $715, offering a middle ground. Sherman's higher median income of $74,167 means renters here carry less housing burden proportionally.

Rent and income well-balanced

At 14.3% of the $74,167 median income, Sherman renters spend roughly $1,055 yearly on housing affordability buffer compared to national averages. Homeowners invest $965 monthly in ownership costs—about 15.6% of median income.

Strong income meets modest rents

Sherman County delivers rare affordability: competitive regional wages paired with below-average rents. Families or professionals relocating here enjoy housing costs that consume less than 15% of income.

Affordability Calculator

See how your income compares to housing costs in Sherman County

$

Rent Burden

14.3%

of gross income

Max Housing (28% Rule)

$1,731

per month

Owner Cost Burden

15.6%

of gross income

You can likely afford the median home in Sherman County

Median home value is $125,500. Estimated monthly cost: $1,002 vs. your max of $1,731.

Rent Affordability Guide

Your rent-to-income ratio14.3%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Sherman County, Texas?
Sherman County, Texas has a median monthly rent of $881/mo and a median home value of $125,500. The affordability rating is Unaffordable, with rent making up approximately 16.0% of median household income.
What is the median rent in Sherman County?
The median gross rent in Sherman County is $881/mo. This is 9% below state average for Texas.
Is Sherman County affordable?
Sherman County is rated Unaffordable based on rent-to-income ratio of 16.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Sherman County's rent compare to the state average?
Sherman County's median rent of $881/mo is 9% below state average of $963/mo for Texas.
What is the median home value in Sherman County?
The median home value in Sherman County, Texas is $125,500. This is 55% 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.