The median home price in Texas is $293,824 which has decreased by 1.2% since the last year. The Texas housing market has witnessed an 8.3% year-over-year growth in the number of homes listed. With a 4-month supply, you will get your choice of house with the seller being more willing to negotiate.
As per our research, home prices are relatively higher in coastal areas near Houston, TX. On the other hand, as you move towards the inland areas of the Lone Star State like Fort Worth, you can find cheaper housing options.
4 Reasons to live in Texas ⭐
- Cheaper Houses: The median home sale price in Texas is ~$293K. But you can get houses between $175K and $250K in cities like Brownsville, Abilene, and Wichita Falls.
- Tax Benefits: The Texas Constitution forbids personal income taxes.
- Affordable Healthcare: Healthcare in cities that are mentioned in this blog is up to 6% lower than the state average. In some cities, the average healthcare is even cheaper than the national average.
- Cheaper Rentals: The rent prices of these cities are lower than the national average. You can save up to $800 per month in rent.
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Cheapest Places to Live in Texas in 2024
This list provides insights into the average household income, median listing price, population, unemployment rate, and poverty rate of the cities.
| City | Median Household Income | Median Home Value | Population | Unemployment Rate | Poverty Rate |
|---|---|---|---|---|---|
| Brownsville | $43,174 | $230,000 | 189,382 | 5.0% | 26.1% |
| Abilene | $54,493 | $223,000 | 127,385 | 3.2% | 15.9% |
| Wichita Falls | $50,856 | $176,450 | 102,664 | 3.8% | 17.8% |
| Lubbock | $54,060 | $225,000 | 263,930 | 3.9% | 19.3% |
| San Angelo | $59,148 | $225,000 | 99,112 | 3.4% | 11.8% |
| Pasadena | $64,698 | $245,000 | 147,662 | 6.0% | 18.0% |
| Killeen | $57,086 | $250,000 | 159,172 | 5.3% | 16.0% |
7 Cheapest Places to Live in TX
The annual population growth of 19% since 2010 is reflective of people’s intention to move to the Lone Star State. If you’re considering shifting to Texas, here are some cities that offer affordable living options:
1. Brownsville
| 🟢 Cost of Living Compared to National Average | 15%⬇️ |
| 🏡 Median Home Price | $230,000 |
| 💲 Median Rent | $1,300 |
| 🌅 Known For | Deep-Water Seaport |
Brownsville is an affordable place to live in Texas. Its median house rent ranges from $515 to $3,800. A low cost of living and affordable housing has led to a population growth of 1.73% since 2020.
Situated in Texas near the Mexican border, Brownsville is a charming and inviting city. This coastal destination enjoys stunning year-round weather and holds the title of “The Sunset Capital of the World.”
» Homes for Sale in Brownsville, TX: Find your dream home in this city.
2. Abilene
| 🟢 Cost of Living Compared to National Average | 9%⬇️ |
| 🏡 Median Home Price | $223,000 |
| 💲 Median Rent | $1,395 |
| 🏞️ Known For | Dyess Air Force Base |
Abilene is one of the most budget-friendly rental destinations in Texas with an average home rent ranging from $675 – $2,000. It also offers affordable healthcare which is 10% lower than the national average.
Abilene is a great place for people looking to buy a home. It has good opportunities for businesses, and living here is not expensive. The total cost of living with rent is $1,969. Moreover, it draws a varied community, including healthcare workers, financial experts, and military personnel.
» Homes for Sale in Abilene, TX: Browse thousands of property listings in the Key City.
3. Wichita Falls
| 🟢 Cost of Living Compared to National Average | 9%⬇️ |
| 🏡 Median Home Price | $176,450 |
| 💲 Median Rent | $1,025 |
| 🏖️ Known For | Hamilton Building |
With rental costs below the national average, Wichita Falls stands as one of the most affordable cities to live in Texas. The house rent price is between $405 – $3,000.
Wichita Falls is a great place for nature lovers. There are lots of green spaces like Lucy Park and Kiwanis Park where people can do hiking and biking.
» Homes for Sale in Wichita Falls, TX: View all the properties for sale in this city.
4. Lubbock
| 🟢 Cost of Living Compared to National Average | 9%⬇️ |
| 🏡 Median Home Price | $225,000 |
| 💲 Median Rent | $1,350 |
| 🏖️ Known For | National Ranching Heritage Center |
Lubbock offers budget-friendly living with a median rent that is $650 lower than the national median. Moreover, the monthly utility costs are 6.5% below the national average in this city.
You can discover the skeleton and craft displays at the Museum of Texas Tech University. You can check out the performance and visual arts at Buddy Holly Center. You can also take a walk through the Lubbock downtown historic district to find different types of shops, eateries, and entertainment choices.
» Homes for Sale in Lubbock, TX: Browse through thousands of affordable properties.
5. San Angelo
| 🟢 Cost of Living Compared to National Average | 3%⬇️ |
| 🏡 Median Home Price | $225,000 |
| 💲 Median Rent | $1,274 |
| 🎨 Known For | Wool and Mohair Market |
Also known as “The Pearl of West Texas,” average cost of living in San Angelo is $1,852. The average food expenses are 9% lower than the national average.
San Angelo’s affordable food, health, housing, and transportation facilities make the city one of the cheapest places to live in the US.
» Homes for Sale in San Angelo, TX: Browse through thousands of properties in the Queen City.
6. Pasadena
| 🟢 Cost of Living Compared to National Average | 6%⬇️ |
| 🏡 Median Home Price | $245,000 |
| 💲 Median Rent | $1,450 |
| 🏫 Known For | Strawberry Festival |
The house rent in Pasadena is between $424 – $3,200. With an average household income of $64,698, you can comfortably live in this city.
Pasadena is a compelling real estate choice for outdoor enthusiasts seeking affordable living in Texas. The city is famous for its parks, trails, and green spaces. The annual cost for housing, food, health care, and other essentials for a single adult in Pasadena is $34,399.
» Homes for Sale in Pasadena, TX: Find a home in one of the cheapest places to live in Texas.
7. Killeen
| 🟢 Cost of Living Compared to National Average | 8%⬇️ |
| 🏡 Median Home Price | $250,000 |
| 💲 Median Rent | $1,300 |
| 🖼️ Known For | Fort Hood |
Killeen is indeed one of the best places to live in Texas, with a slight year-over-year median home price decline of 1.7% in December 2023. The average monthly spending on food for an individual in the United States is $452. This expenditure reflects its status as one of the most budget-friendly options across the country.
People in Killeen can check out the military artifacts and equipment dating back to the 19th century at the 1st Cavalry Division Museum. You can also go to Stillhouse Hollow Lake for fun outdoor things like boating, fishing, and hiking.
» Homes for Sale in Killeen, TX: Get yourself a home in this vibrant city.
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The Bottom Line
The cost of living in Texas is 8% lower than the national average. Nevertheless, it is still home to some of the most expensive cities in America. However, if you want to shift to Texas, you can find affordable housing in cities like Brownsville, Abilene, and Wichita Falls.
Cities like Lubbock and San Angelo have a slightly expensive cost of living but provide better job opportunities. You must research the city’s home prices and living costs before relocating.
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Research Methodology
We’ve created this list by considering factors such as cost of living, median home price, and rental price range. We have also accounted for the population, median household income, poverty rate, and unemployment rate in these cities.
To compile this list of the cheapest areas to live in Texas, we have drawn data from the Economic Research Institute, World Population Review, Rent Cafe, and Zillow.
FAQs
What is the cheapest place to live in Texas?
The cheapest place to live in Texas is Brownsville. It offers affordable utilities, which are 9.6% lower than the national average.
» 7 Cheapest Places to Live in Texas: Find out the other cheapest places to live in Texas!
Where is the best place to live in Texas?
The best place to live in Texas is Austin, followed by Dallas, San Antonio, Corpus Christi, El Paso, Plano, and Houston.
Is Texas the cheapest place to live in?
No, it is not. Its average Texas home value is $293,824. However, it is cheaper than other expensive states like Hawaii, Maryland and Massachusetts.
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