salaryRent is lower than in 88% of U.S. cities. A typical house costs about 3.4 years of household income. Commutes are short, about 19.9 minutes. Most households rent (59%), so there are plenty of rental options.
How much money do I need?
To rent here comfortably, you should earn about $39,600 a year. That is $19 an hour at a full-time job.
Is rent cheaper than other Texas cities?
Yes. Rent here is cheaper than in most of Texas. It is number 62 of 426 cities from cheapest to most expensive.
How much do households earn in Commerce?
Share of households by yearly income. 9.5% of households earn $100,000 or more.
Rent by apartment size in Commerce
| Size | Commerce | U.S. average |
|---|---|---|
| Studio | $674 | $1,338 |
| 1 bedroom | $833 | $1,324 |
| 2 bedrooms | $1,087 | $1,509 |
| 3 bedrooms | $1,568 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Commerce overall?
Everyday prices in Texas overall are 3% below the U.S. average (index 97.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Commerce, so the Texas figure is shown.
Taxes and bills in Commerce
Life in Commerce
Is it cheaper to rent or buy in Commerce?
Renting is cheaper right now: about $131 a month less.
Owning assumes a typical $161,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $16,160 for the down payment.
Frequently asked questions
What is the average rent in Commerce, TX?
Renting in Commerce costs a median of about $990 a month in 2026, including utilities. The Texas median is $1,451.
How much do I need to make to live in Commerce?
To keep rent under 30% of income, you need about $39,600 a year, or $19 an hour at a full-time job.
Is Commerce cheap or expensive?
Commerce is rated OK: rent takes 24.8% of the typical household income of $47,870. It ranks 62nd cheapest of 426 Texas cities we track.
How much are property taxes in Commerce?
The median homeowner in Commerce pays $2,495 a year in property taxes, about 1.54% of the median home value.
Is Commerce more expensive than the national average?
Overall prices in Texas are 3% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Commerce?
The median home value in Commerce is $161,600, about 3.4 times the typical yearly household income.
9,383 people live in Commerce. Numbers are typical (middle) values.