Brownsville, TX

Cameron County ยท Pop. 186,738

Ranked #14 of 243 cities

58Moderate

Median Home Price

๐Ÿ 

$140K

3.0% YoY

Median Rent

๐Ÿ”‘

$850

2.0% YoY

Median Income

๐Ÿ’ฐ

$32K

Rent Burden

๐Ÿ“Š

33.5%

% of income to rent

Income to Buy

๐Ÿฆ

$40K

annual income needed

Income to Rent

๐Ÿ“

$34K

annual income needed

Price-to-Income

โš–๏ธ

4.4x

Homeownership

๐Ÿก

56.0%

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

MetricBrownsvilleTexasNational
Home Price$140K$297K$410K
Rent$850$1,413$1,500
Income$32K$76K$75K
Rent Burden33.5%32.0%30.0%

Key Takeaways

  • โ€ข Home prices in Brownsville are 66% lower than the national average.
  • โ€ข Rent is 43% lower than the national average.
  • โ€ข You need an income of $40K to comfortably buy a home here.
  • โ€ข The homeownership rate is 56.0%, compared to 65.0% nationally.