Texas
Ranked #30 of 51 for housing affordability
48Moderate
Median Home Price
🏠$340K
5.3x income
Median Rent
🔑$1K
32.0% rent-burdened
Median Income
💰$64K
Population: 30,503,301
Homeownership
🏡62.0%
27,229 experiencing homelessness
Housing Shortage
📉350,000
units needed
Building Permits (2024)
🔨195,000
Price-to-Income
📊5.3x
Severe Rent Burden
⚠️15.5%
paying >50% of income
Rent Burden Breakdown
vs. National Average
Metros in Texas
| Metro | Score | Home Price | Rent | Income | Rent Burden |
|---|---|---|---|---|---|
| Dallas-Fort Worth | 44 | $380K | $2K | $73K | 31.5% |
| Houston | 48 | $320K | $1K | $66K | 33.0% |
| San Antonio | 52 | $290K | $1K | $59K | 32.5% |
| Austin | 35 | $480K | $2K | $78K | 32.5% |
| Fort Worth | 48 | $340K | $1K | $67K | 31.0% |
| El Paso | 58 | $230K | $1K | $49K | 32.5% |
Housing Policies
preemption of rent controlproperty tax reformTDHCA programs4% LIHTCPID-funded affordable housing