Average Rent in Gray County, TX↓ Rents falling 5.5% YoY

Gray County, TX has rental prices ranging from $732/month to $1,282/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $737/month — 47% below the national average of $1,400/month. With a median household income of $56,082/year, spending $737/month on a 1-bedroom represents 16% of gross income — within the recommended 30% threshold.

How Gray County Compares

With an average 2-bedroom rent of $967/month, Gray County ranks #115 most expensive of the 220 cities tracked in Texas — pricier than 58% of all US cities in our data.

The Gray County Rental Market

The Gray County, TX area has a population of about 21,131 and 27% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Gray County, TX have fallen by $56/month (5.5%) over the past year, from $1,023 to $967. This slight decline is consistent with broader market corrections seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Gray County, TX without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $29,480. The local median household income of $56,082 exceeds that threshold by $26,602, making Gray County relatively accessible compared to local wages.

Economy & Jobs

Gray County, TX has an unemployment rate of 4.2%, 0.3 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.

Is Gray County, TX Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Gray County?

Break-even analysis and mortgage estimates based on local market data.

Living in Gray County

Cost of living, job market, crime rates, and moving cost estimates.