Rent vs. Buy in Callahan County, TX

Should you rent or buy in Callahan County? Here are the numbers.

Median Home Price

$129,500

Median Rent

$888/mo

Price-to-Rent Ratio

12.2x

Homeownership Rate

82.0%

Monthly Cost Comparison

Buying (20% down, 6.5% rate)

Mortgage (P&I)$655
Property Tax$119
Insurance$43

Total Monthly$817

Renting

Monthly Rent$888
Renter's Insurance$25

Total Monthly$913

In Callahan County, buying is approximately $71/mo cheaper than renting (before equity buildup and tax benefits).

About Callahan County, Texas

Callahan County in Texas has a median household income of $63,906 and an effective property tax rate of 1.1%. With a price-to-rent ratio of 12.2x, buying is likely more cost-effective for long-term residents.

These are starting estimates based on county-level medians. Your actual costs depend on the specific property, your credit score, down payment, and dozens of other variables. Our Monte Carlo simulation models 10,000 scenarios to give you probability-weighted answers, not single-point estimates.

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Other Counties in Texas

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Federal Housing Finance Agency. Estimates are based on county-level medians and may not reflect specific neighborhoods or property types. This is not financial advice — consult a licensed professional before making housing decisions.