Menard County, Texas Housing Market Prices
Menard County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 98% below the Texas median Cheapest county in Texas$5,000
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Median rent 48% below the Texas median Cheaper than 87% of counties in Texas$728
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Menard County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $5,000 | $258,873 | $248,835 |
| Price Trend (Annual %) | -12.6% | 9.2% | 7.5% |
| Median Gross Rent | $728 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 2.5% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Menard County is about 98% lower than in Texas. Rent is about 48% lower than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Menard County: home prices fell about 12.6% a year while rent rose about 2.5% a year. That is an unusual pattern worth watching.
Median rent in Menard County rose about 36.5% between 2015 and 2024, from $533 to $728. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 0.1 yearly household incomes in Menard County.
Buying the median-priced home in Menard County costs roughly 0.6 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Menard County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Menard County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $5,000 | $258,873 | $248,835 |
| Median Household Income | $54,153 | $78,939 | $80,455 |
| Price-to-Income Ratio | 0.1 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Menard County fell about 85.6%, while median household income rose about 51.9% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Menard County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 55.0% | 56.7% | 58.5% |
| Rental Rate | 13.2% | 33.9% | 31.2% |
| Vacancy Rate | 31.9% | 9.4% | 10.2% |
| Median Tenure (years) | 20.0 | 14.0 | 15.0 |
| Median Year Moved In | 2006 | 2012 | 2011 |
Menard County has a homeownership rate of 55.0%, lower than the Texas average of 56.7%. Its housing vacancy rate is 31.9%, compared with 9.4% in Texas.
Housing Stock
| Metric | Menard County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.03 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1970 | 1990 | 1978 |
| Median Number of Rooms | 4.9 | 5.4 | 5.5 |
The typical housing unit in Menard County was built around 1970. On average, 2.0 people live in a home with about 4.9 rooms, staying for about 20.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Menard County, Texas.
What is the median home price in Menard County, Texas?
The median home price in Menard County, Texas is $5,000, lower than the Texas average of $258,873.
What is the average home price in Menard County, Texas?
The typical home price in Menard County, Texas, reported as the median sale price, is $5,000. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Menard County, Texas?
The median gross rent in Menard County, Texas is $728 per month, lower than the Texas average of $1,402.
What was the median gross rent in Menard County in 2020?
In 2020, the median gross rent in Menard County, Texas was $690 per month.
What is the price-to-rent ratio in Menard County, Texas?
The price-to-rent ratio in Menard County, Texas is about 0.6, meaning it would take roughly 0.6 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Menard County.
Are home prices or rent rising faster in Menard County, Texas?
Home prices and rent are moving in opposite directions in Menard County: home prices fell about 12.6% a year while rent rose about 2.5% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Menard County, Texas?
55.0% of households in Menard County, Texas own their home, lower than the Texas average of 56.7%.
What is the vacancy rate in Menard County, Texas?
The housing vacancy rate in Menard County, Texas is 31.9%, higher than the Texas average of 9.4%.
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