Port Arthur, Texas Housing Market Prices
Port Arthur 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 42% below the Texas median$150,194
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Median rent 27% below the Texas median$1,025
Housing Market Overview
| Metric | Port Arthur | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $150,194 | $258,873 | $248,835 |
| Price Trend (Annual %) | 51.1% | 9.2% | 7.5% |
| Median Gross Rent | $1,025 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 4.7% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Port Arthur is about 42% lower than in Texas. Rent is about 27% lower than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Port Arthur, up about 51.1% and 4.7% a year respectively. Home prices are changing faster.
Median rent in Port Arthur rose about 45.6% between 2015 and 2024, from $704 to $1,025. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 3.2 yearly household incomes in Port Arthur.
Buying the median-priced home in Port Arthur costs roughly 12.2 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 Port Arthur. The price-to-rent ratio in Texas is about 15.4.
| Metric | Port Arthur | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $150,194 | $258,873 | $248,835 |
| Median Household Income | $47,540 | $78,939 | $80,455 |
| Price-to-Income Ratio | 3.2 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Port Arthur rose about 55.4%, while median household income rose about 43.4% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Port Arthur | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 49.6% | 56.7% | 58.5% |
| Rental Rate | 35.0% | 33.9% | 31.2% |
| Vacancy Rate | 15.3% | 9.4% | 10.2% |
| Median Tenure (years) | 13.0 | 14.0 | 15.0 |
| Median Year Moved In | 2013 | 2012 | 2011 |
Port Arthur has a homeownership rate of 49.6%, lower than the Texas average of 56.7%. Its housing vacancy rate is 15.3%, compared with 9.4% in Texas.
Housing Stock
| Metric | Port Arthur | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.57 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1979 | 1990 | 1978 |
| Median Number of Rooms | 5.2 | 5.4 | 5.5 |
The typical housing unit in Port Arthur was built around 1979. On average, 2.6 people live in a home with about 5.2 rooms, staying for about 13.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Port Arthur, Texas.
What is the median home price in Port Arthur, Texas?
The median home price in Port Arthur, Texas is $150,194, lower than the Texas average of $258,873.
What is the average home price in Port Arthur, Texas?
The typical home price in Port Arthur, Texas, reported as the median sale price, is $150,194. 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 Port Arthur, Texas?
The median gross rent in Port Arthur, Texas is $1,025 per month, lower than the Texas average of $1,402.
What was the median gross rent in Port Arthur in 2020?
In 2020, the median gross rent in Port Arthur, Texas was $826 per month.
What is the price-to-rent ratio in Port Arthur, Texas?
The price-to-rent ratio in Port Arthur, Texas is about 12.2, meaning it would take roughly 12.2 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 Port Arthur.
Are home prices or rent rising faster in Port Arthur, Texas?
Both home prices and rent are rising in Port Arthur, up about 51.1% and 4.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Port Arthur, Texas?
49.6% of households in Port Arthur, Texas own their home, lower than the Texas average of 56.7%.
What is the vacancy rate in Port Arthur, Texas?
The housing vacancy rate in Port Arthur, Texas is 15.3%, higher than the Texas average of 9.4%.
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