Rowlett, Texas Housing Market Prices
Rowlett 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 45% above the Texas median$375,465
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Median rent 43% above the Texas median$2,005
Housing Market Overview
| Metric | Rowlett | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $375,465 | $258,873 | $248,835 |
| Price Trend (Annual %) | 10.0% | 9.2% | 7.5% |
| Median Gross Rent | $2,005 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 5.2% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Rowlett is about 45% higher than in Texas. Rent is about 43% higher 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 Rowlett, up about 10.0% and 5.2% a year respectively. Home prices are changing faster.
Median rent in Rowlett rose about 56.4% between 2015 and 2024, from $1,282 to $2,005. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 3.4 yearly household incomes in Rowlett.
Buying the median-priced home in Rowlett costs roughly 15.6 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Rowlett. The price-to-rent ratio in Texas is about 15.4.
| Metric | Rowlett | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $375,465 | $258,873 | $248,835 |
| Median Household Income | $109,705 | $78,939 | $80,455 |
| Price-to-Income Ratio | 3.4 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Rowlett rose about 112.1%, while median household income rose about 36.1% 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 | Rowlett | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 73.3% | 56.7% | 58.5% |
| Rental Rate | 23.2% | 33.9% | 31.2% |
| Vacancy Rate | 3.5% | 9.4% | 10.2% |
| Median Tenure (years) | 13.0 | 14.0 | 15.0 |
| Median Year Moved In | 2013 | 2012 | 2011 |
Rowlett has a homeownership rate of 73.3%, higher than the Texas average of 56.7%. Its housing vacancy rate is 3.5%, compared with 9.4% in Texas.
Housing Stock
| Metric | Rowlett | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.78 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1998 | 1990 | 1978 |
| Median Number of Rooms | 6.7 | 5.4 | 5.5 |
The typical housing unit in Rowlett was built around 1998. On average, 2.8 people live in a home with about 6.7 rooms, staying for about 13.0 years on average.
Rowlett, TX Housing Compared With Nearby Cities
Rowlett, TX is typical in size for this group, 48,896 residents against a local median of 55,679, so the measures below are close to a like for like comparison. There is no headline here. Every measure below sits within 15% of the median across the nearest cities, which makes Rowlett, TX an unremarkable member of its own neighbourhood rather than an outlier in it.
The largest of those small differences is homeownership, 7% above the local median at 76.0% against 70.8%. Rowlett, TX has the 2nd highest homeownership of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Rowlett, TX | 48,896 | $375,465 #3/4 | $2,005 #2/4 | 76.0% #2/4 |
| Garland, TX | 238,307 | $223,834 | $1,639 | 61.2% |
| Rockwall, TX | 40,404 | $502,490 | $1,937 | 70.8% |
| Wylie, TX | 55,679 | $377,526 | $2,010 | 79.1% |
Frequently Asked Questions
Common questions about the housing market in Rowlett, Texas.
What is the median home price in Rowlett, Texas?
The median home price in Rowlett, Texas is $375,465, higher than the Texas average of $258,873.
What is the average home price in Rowlett, Texas?
The typical home price in Rowlett, Texas, reported as the median sale price, is $375,465. 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 Rowlett, Texas?
The median gross rent in Rowlett, Texas is $2,005 per month, higher than the Texas average of $1,402.
What was the median gross rent in Rowlett in 2020?
In 2020, the median gross rent in Rowlett, Texas was $1,602 per month.
What is the price-to-rent ratio in Rowlett, Texas?
The price-to-rent ratio in Rowlett, Texas is about 15.6, meaning it would take roughly 15.6 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Rowlett.
Are home prices or rent rising faster in Rowlett, Texas?
Both home prices and rent are rising in Rowlett, up about 10.0% and 5.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Rowlett, Texas?
73.3% of households in Rowlett, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Rowlett, Texas?
The housing vacancy rate in Rowlett, Texas is 3.5%, lower than the Texas average of 9.4%.
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