Cost of Living in Tarrant County, Texas

$1,447/mo
Median Monthly Rent
$294,100
Median Home Value

At a Glance

Median Monthly Rent
$1,447/mo
50% above state average
Median Home Value
$294,100
4% above national
Rent-to-Income Ratio
32.0%
% 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 Tarrant County Compares

Median monthly rent comparison

Tarrant County$1,447/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$1,447/mo
Median Gross Rent
$294,100
Median Home Value
$1,630/mo
Monthly Owner Cost
32.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Tarrant County ranks #3,026 of 3,144 counties for affordability (bottom 4%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Tarrant County, Texas

Tarrant rents hit above-average affordability stress

Tarrant County's 21.2% rent-to-income ratio significantly exceeds both Texas's 18.1% average and the national benchmark, driven by median rent of $1,447 monthly. However, the county's median household income of $81,905 edges above the national median of $74,755, reflecting Fort Worth–Dallas's higher-wage job market.

Among Texas's priciest markets

Tarrant County—home to Fort Worth and Arlington—ranks in the upper tier of Texas housing costs, with median rent $484 above the state average. The county's stronger incomes partially offset high rents, but affordability pressures remain acute for lower-wage workers.

More expensive than rural West Texas

Tarrant's $1,447 median rent dwarfs rural West Texas counties but remains lower than Dallas's even pricier urban core. As a major metro area, Tarrant trades affordability for job density and economic opportunity.

Rent devours over one-fifth of income

Renters spend 21.2% of their median $81,905 income on housing, or roughly $1,447 monthly, straining household budgets. Homeowners face even steeper costs: monthly payments average $1,630 on a median home value of $294,100, eating 23.9% of household income.

Relocation requires job market leverage

Tarrant County's metro dynamism justifies higher housing costs if you're securing a higher-wage position in Fort Worth or Arlington. But if you're moving without a new job locked in, scout salaries carefully—you'll need that metro premium to justify the price of entry.

Cost of Living Advisory: Tarrant County

Affordability Verdict

Tarrant County is affordable for renters, with a median gross rent of $1,447/month representing approximately 21.2% of median household income. The rent burden (GRAPI) stands at 32.0%.

Rent vs. Own

The median rent in Tarrant County is $1,447/month, while owner costs run $1,630/month. Renting saves approximately $183/month.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $57,880/year. For owner costs at the 28% rule, the required income is roughly $69,857/year. With a median household income of $81,905, most households can comfortably afford rent here. Notably, 32.0% of renter households in Tarrant County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Within Texas, Tarrant County is more affordable than Midland County by roughly 5% ($1,447/mo vs $1,383/mo).

Affordability Calculator

See how your income compares to housing costs in Tarrant County

$

Rent Burden

21.2%

of gross income

Max Housing (28% Rule)

$1,911

per month

Owner Cost Burden

23.9%

of gross income

The median home in Tarrant County may be a stretch

Median home value is $294,100. Estimated monthly cost: $2,348 vs. your max of $1,911.

Rent Affordability Guide

Your rent-to-income ratio21.2%
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: $81,905Needed: $57,880
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $81,905Needed: $69,857
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $81,905Needed: $68,445

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 Tarrant County, Texas?
Tarrant County, Texas has a median monthly rent of $1,447/mo and a median home value of $294,100. The affordability rating is Unaffordable, with rent making up approximately 32.0% of median household income.
What is the median rent in Tarrant County?
The median gross rent in Tarrant County is $1,447/mo. This is 50% above state average for Texas.
Is Tarrant County affordable?
Tarrant County is rated Unaffordable based on rent-to-income ratio of 32.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Tarrant County's rent compare to the state average?
Tarrant County's median rent of $1,447/mo is 50% above state average of $963/mo for Texas.
What is the median home value in Tarrant County?
The median home value in Tarrant County, Texas is $294,100. This is 4% 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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