San Benito, Texas Housing Market Prices
San Benito 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 51% below the Texas median$127,178
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Median rent 39% below the Texas median$859
Housing Market Overview
| Metric | San Benito | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $127,178 | $258,873 | $248,835 |
| Price Trend (Annual %) | 77.2% | 9.2% | 7.5% |
| Median Gross Rent | $859 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 5.0% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in San Benito is about 51% lower than in Texas. Rent is about 39% 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 San Benito, up about 77.2% and 5.0% a year respectively. Home prices are changing faster.
Median rent in San Benito rose about 52.7% between 2015 and 2024, from $563 to $859. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 3.0 yearly household incomes in San Benito.
Buying the median-priced home in San Benito costs roughly 12.3 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 San Benito. The price-to-rent ratio in Texas is about 15.4.
| Metric | San Benito | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $127,178 | $258,873 | $248,835 |
| Median Household Income | $41,868 | $78,939 | $80,455 |
| Price-to-Income Ratio | 3.0 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in San Benito rose about 158.4%, while median household income rose about 30.8% 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 | San Benito | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 56.8% | 56.7% | 58.5% |
| Rental Rate | 31.2% | 33.9% | 31.2% |
| Vacancy Rate | 12.0% | 9.4% | 10.2% |
| Median Tenure (years) | 17.0 | 14.0 | 15.0 |
| Median Year Moved In | 2009 | 2012 | 2011 |
San Benito has a homeownership rate of 56.8%, about the same as the Texas average of 56.7%. Its housing vacancy rate is 12.0%, compared with 9.4% in Texas.
Housing Stock
| Metric | San Benito | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.96 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1985 | 1990 | 1978 |
| Median Number of Rooms | 4.7 | 5.4 | 5.5 |
The typical housing unit in San Benito was built around 1985. On average, 3.0 people live in a home with about 4.7 rooms, staying for about 17.0 years on average.
Frequently Asked Questions
Common questions about the housing market in San Benito, Texas.
What is the median home price in San Benito, Texas?
The median home price in San Benito, Texas is $127,178, lower than the Texas average of $258,873.
What is the average home price in San Benito, Texas?
The typical home price in San Benito, Texas, reported as the median sale price, is $127,178. 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 San Benito, Texas?
The median gross rent in San Benito, Texas is $859 per month, lower than the Texas average of $1,402.
What was the median gross rent in San Benito in 2020?
In 2020, the median gross rent in San Benito, Texas was $763 per month.
What is the price-to-rent ratio in San Benito, Texas?
The price-to-rent ratio in San Benito, Texas is about 12.3, meaning it would take roughly 12.3 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 San Benito.
Are home prices or rent rising faster in San Benito, Texas?
Both home prices and rent are rising in San Benito, up about 77.2% and 5.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in San Benito, Texas?
56.8% of households in San Benito, Texas own their home, about the same as the Texas average.
What is the vacancy rate in San Benito, Texas?
The housing vacancy rate in San Benito, Texas is 12.0%, higher than the Texas average of 9.4%.
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