El Paso County
Texas ยท Pop. 865,657
Ranked #14 of 200 counties
58Moderate
Median Home Price
๐$220K
2.8% YoY
Median Rent
๐$1,050
Median Income
๐ฐ$45K
Rent Burden
๐31.5%
% of income to rent
Housing Shortage
๐๏ธ25,000
estimated unit deficit
Building Permits (2024)
๐5,200
Price-to-Income Ratio
โ๏ธ4.9x
Homeownership Rate
๐ก60.0%
How El Paso County Compares
| Metric | El Paso County | Texas | National |
|---|---|---|---|
| Home Price | $220K | $297K | $410K |
| Rent | $1,050 | $1,413 | $1,500 |
| Income | $45K | $76K | $75K |
| Rent Burden | 31.5% | 32.0% | 30.0% |
| Homeownership | 60.0% | 63.0% | 65.0% |
Key Takeaways
- โข Home prices are 46% below the national average.
- โข Rent is 30% below the national average.
- โข The county has an estimated housing shortage of 25,000 units.
- โข 5,200 building permits were issued in 2024.
- โข Year-over-year home prices changed by 2.8%.