Rent vs. Buy in DeWitt County, TX

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

Median Home Price

$156,700

Median Rent

$931/mo

Price-to-Rent Ratio

14x

Homeownership Rate

70.7%

Monthly Cost Comparison

Buying (20% down, 6.5% rate)

Mortgage (P&I)$792
Property Tax$116
Insurance$52

Total Monthly$960

Renting

Monthly Rent$931
Renter's Insurance$25

Total Monthly$956

In DeWitt County, buying costs approximately $29/mo more than renting. This doesn't account for equity buildup, tax deductions, or home appreciation.

About DeWitt County, Texas

DeWitt County in Texas has a median household income of $61,100 and an effective property tax rate of 0.9%. With a price-to-rent ratio of 14x, 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.