College Station, TX
Brazos County ยท Pop. 120,511
Ranked #102 of 243 cities
44Moderate
Median Home Price
๐$250K
3.0% YoY
Median Rent
๐$1,200
2.5% YoY
Median Income
๐ฐ$38K
Rent Burden
๐36.5%
% of income to rent
Income to Buy
๐ฆ$72K
annual income needed
Income to Rent
๐$48K
annual income needed
Price-to-Income
โ๏ธ6.6x
Homeownership
๐ก28.0%
Rent vs. Buy
Buy
$1,331/mo
Est. mortgage (7%, 20% down)
Need $72K/yr income
Rent
$1,200/mo
Median rent
Need $48K/yr income
How College Station Compares
| Metric | College Station | Texas | National |
|---|---|---|---|
| Home Price | $250K | $297K | $410K |
| Rent | $1,200 | $1,413 | $1,500 |
| Income | $38K | $76K | $75K |
| Rent Burden | 36.5% | 32.0% | 30.0% |
Key Takeaways
- โข Home prices in College Station are 39% lower than the national average.
- โข Rent is 20% lower than the national average.
- โข You need an income of $72K to comfortably buy a home here.
- โข The homeownership rate is 28.0%, compared to 65.0% nationally.