Advertiser Disclosure
GOBankingRates works with many financial advertisers to showcase their products and services to our audiences. These brands compensate us to advertise their products in ads across our site. This compensation may impact how and where products appear on this site. We are not a comparison-tool and these offers do not represent all available deposit, investment, loan or credit products.
Here’s What Gen X Should Expect To Pay for Rent in 12 Texas Cities
Written by
Heather Taylor
Edited by
Chris Cluff

Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services - our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology.
20 YearsHelping You Live Richer
Reviewed by Experts
Trusted by Millions of Readers
Gen Xers may be surprised to learn which Texas city costs the most money to be a renter in — and no, it isn’t Austin or Dallas.Â
Key findings from a GOBankingRates study of the average rental cost across 46 U.S. cities revealed 12 Texas cities ranked within the list. Overall, the average monthly rent in these cities peaked at nearly $1,800. The same Texas city that costs the most to rent an apartment in is also the same city where the average median household income is just over six figures.
Which cities are we talking about? In order from most to least expensive, here’s how much Gen X would pay for rent in these 12 Texas cities.
1. Plano
- Average monthly rent: $1,745
- 1 bedroom average rent: $1,444
- 2 bedroom average rent: $1,827
- Total cost of living (monthly): $3,704
- Median household income: $105,679
2. Austin
- Average monthly rent: $1,501
- 1 bedroom average rent: $1,330
- 2 bedroom average rent: $1,619
- Total cost of living (monthly): $3,557
- Median household income: $86,556
3. Irving
- Average monthly rent: $1,430
- 1 bedroom average rent: $1,258
- 2 bedroom average rent: $1,548
- Total cost of living (monthly): $3,496
- Median household income: $76,686
4. Garland
- Average monthly rent: $1,394
- 1 bedroom average rent: $1,144
- 2 bedroom average rent: $1,397
- Total cost-of-living (monthly): $3,496
- Median household income: $71,044
5. Fort Worth
- Average monthly rent: $1,373
- 1 bedroom average rent: $1,172
- 2 bedroom average rent: $1,353
- Total cost-of-living (monthly): $3,454
- Median household income: $72,726
6. Dallas
- Average monthly rent: $1,354
- 1 bedroom average rent: $1,237
- 2 bedroom average rent: $1,464
- Total cost-of-living (monthly): $3,452
- Median household income: $63,985
7. Arlington
- Average monthly rent: $1,340
- 1 bedroom average rent: $1,158
- 2 bedroom average rent: $1,365
- Total cost-of-living (monthly): $3,425
- Median household income: $71,736
8. Houston
- Average monthly rent: $1,287
- 1 bedroom average rent: $1,136
- 2 bedroom average rent: $1,346
- Total cost-of-living (monthly): $3,361
- Median household income: $60,440
9. Corpus Christi
- Average monthly rent: $1,218
- 1 bedroom average rent: $1,010
- 2 bedroom average rent: $1,236
- Total cost-of-living (monthly): $3,096
- Median household income: $64,449
10. San Antonio
- Average monthly rent: $1,212
- 1 bedroom average rent: $1,036
- 2 bedroom average rent: $1,276
- Total cost-of-living (monthly): $3,136
- Median household income: $59,593
11. Lubbock
- Average monthly rent: $1,191
- 1 bedroom average rent: $965
- 2 bedroom average rent: $1,164
- Total cost-of-living (monthly): $3,059
- Median household income: $58,734
12. El Paso
- Average monthly rent: $1,073
- 1 bedroom average rent: $854
- 2 bedroom average rent: $1,023
- Total cost-of-living (monthly): $2,951
- Median household income: $55,710
Methodology: For this study, GOBankingRates analyzed the average rental cost of major cities and the cost of living in those cities. First GOBankingRates found the 100 most populated cities according to the U.S. Census American Community Survey. For each city, GOBankingRates found total population, total households, population ages 65 and over and household median income, all sourced from the U.S. Census American Community Survey; the cost of living as sourced from Sperling’s BestPlaces; the average overall rental cost, one-bedroom rental cost, and two-bedroom rental cost, all sourced from ApartmentList; the average cost of a condo or coop as sourced from Zillow Home Value Index; the livability index as sourced from AreaVibes; and the national average expenditure costs for all residents, as sourced from the Bureau of Labor Statistics Consumer Expenditure Survey. Using the average condo/coop value, assuming a 10% down payment, and using the national average 30-year fixed mortgage rate, the average mortgage was calculated. Using the overall rental cost and expenditure costs the total cost of living for each city was calculated. The cities were sorted to show the average apartment costs in major American cities. All data was collected on and is up to date as of Sept. 13, 2024.Â
Share This Article:
You May Also Like
Ramit Sethi: How Boomers Blocked You From Wealth -- And 5 Steps To Build It Now
February 04, 2026
4 min Read
7 Insurance Moves That Won't Leave You High and Dry, According to Brokers
February 03, 2026
4 min Read
10 Highest-Paying, Fast-Growing Jobs That Don't Require a College Degree in 2026
February 04, 2026
4 min Read
These 5 Side Hustles Earn Enough To Cover a Mortgage Payment in Some Cities
February 02, 2026
4 min Read
From Caviar to Yachts: 21 Billionaire Buys That Rose Faster Than Inflation in 2025
February 02, 2026
4 min Read
Is Your 2K Trump Dividend Check on Its Way? Not So Fast -- 3 Scams To Avoid
February 04, 2026
4 min Read
I Asked ChatGPT the Side Hustles Not Worth the Effort in 2026: Here's What It Said
February 02, 2026
4 min Read
The Wealthiest US Cities Are Now 7 Times Richer Than the Poorest -- Here's Where You Stand
February 03, 2026
4 min Read
Warren Buffett Retires: Here's the Money Advice He's Giving Americans for 2026
February 02, 2026
4 min Read
I Asked ChatGPT Where Upper-Middle-Class Retirees Can Live Like Royalty on a Budget
February 02, 2026
4 min Read
Questions Around The Economy
Make your money work for you
Get the latest news on investing, money, and more with our free newsletter.
By subscribing, you agree to our Terms of Use and Privacy Policy. Unsubscribe at any time.

Thanks!
You're now subscribed to our newsletter.
Check your inbox for more details.

Sending you timely financial stories that you can bank on.
Sign up for our daily newsletter for the latest financial news and trending topics.
For our full Privacy Policy, click here.
Looks like you're using an adblocker
Please disable your adblocker to enjoy the optimal web experience and access the quality content you appreciate from GOBankingRates.
- AdBlock / uBlock / Brave
- Click the ad blocker extension icon to the right of the address bar
- Disable on this site
- Refresh the page
- Firefox / Edge / DuckDuckGo
- Click on the icon to the left of the address bar
- Disable Tracking Protection
- Refresh the page
- Ghostery
- Click the blue ghost icon to the right of the address bar
- Disable Ad-Blocking, Anti-Tracking, and Never-Consent
- Refresh the page



