Brownsville, TX
Cameron County ยท Pop. 186,738
Ranked #14 of 243 cities
58Moderate
Median Home Price
๐$140K
3.0% YoY
Median Rent
๐$850
2.0% YoY
Median Income
๐ฐ$32K
Rent Burden
๐33.5%
% of income to rent
Income to Buy
๐ฆ$40K
annual income needed
Income to Rent
๐$34K
annual income needed
Price-to-Income
โ๏ธ4.4x
Homeownership
๐ก56.0%
Rent vs. Buy
Buy
$745/mo
Est. mortgage (7%, 20% down)
Need $40K/yr income
Rent
$850/mo
Median rent
Need $34K/yr income
How Brownsville Compares
| Metric | Brownsville | Texas | National |
|---|---|---|---|
| Home Price | $140K | $297K | $410K |
| Rent | $850 | $1,413 | $1,500 |
| Income | $32K | $76K | $75K |
| Rent Burden | 33.5% | 32.0% | 30.0% |
Key Takeaways
- โข Home prices in Brownsville are 66% lower than the national average.
- โข Rent is 43% lower than the national average.
- โข You need an income of $40K to comfortably buy a home here.
- โข The homeownership rate is 56.0%, compared to 65.0% nationally.