Cost of Living in Travis County, Texas

$1,669/mo
Median Monthly Rent
$487,600
Median Home Value
73% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,669/mo
73% above state average
Median Home Value
$487,600
73% above national
Rent-to-Income Ratio
29.0%
% 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 Travis County Compares

Median monthly rent comparison

Travis County$1,669/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$1,669/mo
Median Gross Rent
$487,600
Median Home Value
$2,043/mo
Monthly Owner Cost
29.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Travis County, Texas

Travis County housing eats 20.6% of income

Travis County's rent-to-income ratio of 20.6% exceeds both the national average (20%) and Texas's state average (18.1%), reflecting Austin's booming real estate market. Despite median household income of $97,169—the highest among these eight counties—renters still spend above-average shares of earnings on housing.

Austin's affordability crisis in numbers

Travis County ranks among Texas's least affordable regions, with a rent-to-income ratio 2.5 percentage points above the state average and median rent running 73% higher than the state norm. The county's $1,669 monthly rent reflects Austin's status as one of Texas's most competitive housing markets.

Dramatically more expensive than all peers

Travis County's $1,669 median rent dwarfs every other county studied—nearly double Tom Green's $1,125 and triple Upton's $689. Its $487,600 median home value is 2.6 times higher than Tom Green's, reflecting the Austin metro's outsized position in Texas real estate.

Austin's dual housing squeeze

Renters pay $1,669 monthly while owners carry a $2,043 mortgage—an unusually high owner cost that exceeds rents by 22%. Even Austin's above-average $97,169 income can't fully offset these elevated housing costs, which together consume over one-fifth of household budgets.

Moving to Austin? Budget accordingly.

Travis County offers high incomes but demands premium housing prices—your rent could easily claim a fifth of gross pay unless you earn substantially above the county median. Weigh Austin's job market and lifestyle appeal against these costs before relocating; significantly lower-cost counties exist elsewhere in Texas.

Affordability Calculator

See how your income compares to housing costs in Travis County

$

Rent Burden

20.6%

of gross income

Max Housing (28% Rule)

$2,267

per month

Owner Cost Burden

25.2%

of gross income

The median home in Travis County may be a stretch

Median home value is $487,600. Estimated monthly cost: $3,893 vs. your max of $2,267.

Rent Affordability Guide

Your rent-to-income ratio20.6%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Travis County, Texas?
Travis County, Texas has a median monthly rent of $1,669/mo and a median home value of $487,600. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.
What is the median rent in Travis County?
The median gross rent in Travis County is $1,669/mo. This is 73% above state average for Texas.
Is Travis County affordable?
Travis County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Travis County's rent compare to the state average?
Travis County's median rent of $1,669/mo is 73% above state average of $963/mo for Texas.
What is the median home value in Travis County?
The median home value in Travis County, Texas is $487,600. This is 73% above 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.