El Paso
Texas · Ranked #32 of 102 metros
58Moderate
Median Home Price
🏠$230K
Need $66K income
Median Rent
🔑$1K
Need $42K income
Housing Shortage
📉15,000
units needed
Building Permits
🔨4,500
annual
Median Income
💰$49K
Pop: 868,859
Rent Burden
⚠️32.5%
of renters paying >30%
Price Change (YoY)
📈+2.5%
Homeownership
🏡60.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | El Paso | National |
|---|---|---|
| Price-to-Income Ratio | 4.7x | 6.1x |
| Rent Burden | 32.5% | 31.5% |
| Homeownership Rate | 60.0% | 65.5% |
| YoY Price Change | +2.5% | +3.5% |
| YoY Rent Change | +2% | +2.8% |
| Mortgage Denial Rate | 16.5% | 13.5% |
| Eviction Rate | 4.0% | 3.6% |