States › Texas › Fair Oaks Ranch

Is Fair Oaks Ranch, TX expensive to live in?

CheapRent takes 14 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,21826% higher than U.S. average
💵 Families earn per year (2026)$188,012about $15,668/month · 116% higher than U.S. average
🔑 House price$657,60098% higher than U.S. average

Rent is higher than in 77% of U.S. cities. Household incomes are higher than in 96% of U.S. cities. A typical house costs about 3.5 years of household income. Commutes are long, about 38.4 minutes each way. Most homes (97.3%) are owned, so rentals can be hard to find. It is a highly educated city: 67.5% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $88,720 a year. That is $43 an hour at a full-time job.

Is rent cheaper than other Texas cities?

No. Rent here is more expensive than in most of Texas. It is number 366 of 426 cities from cheapest to most expensive.

Fair Oaks Ranch
$2,218
Clute
$922
Bonham
$1,218
Rockport
$1,155
Heath
$3,500+
Fairview
$2,112
Freeport
$930

How much do households earn in Fair Oaks Ranch?

Under $25k
0.3%
$25k–50k
4.7%
$50k–100k
25.5%
$100k–150k
25.6%
$150k+
42.9%

Share of households by yearly income. 68.6% of households earn $100,000 or more.

How expensive is Fair Oaks Ranch overall?

Everyday prices in Texas overall are 3% below the U.S. average (index 97.1, U.S. = 100).

Housing
97
Goods (food, clothes…)
98
Utilities
88
Other services
97
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Fair Oaks Ranch, so the Texas figure is shown.

Taxes and bills in Fair Oaks Ranch

🏛️ Property tax$10,000+a year · 1.52% of home value · U.S. $3,119
⚡ Electric bill$240a month (typical) · U.S. $156

Life in Fair Oaks Ranch

Commute to work38.4 minU.S.: 26.4 min
College degree67.5%U.S.: 35.7%
Own their home97.3%U.S.: 65.2%
Below poverty line2.4%U.S.: 12.5%
Unemployment5.8%U.S.: 5.2%

Is it cheaper to rent or buy in Fair Oaks Ranch?

Renting is cheaper right now: about $2,345 a month less.

Renting
$2,218
Owning
$4,563

Owning assumes a typical $657,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $65,760 for the down payment.

Frequently asked questions

What is the average rent in Fair Oaks Ranch, TX?

Renting in Fair Oaks Ranch costs a median of about $2,218 a month in 2026, including utilities. The Texas median is $1,451.

How much do I need to make to live in Fair Oaks Ranch?

To keep rent under 30% of income, you need about $88,720 a year, or $43 an hour at a full-time job.

Is Fair Oaks Ranch cheap or expensive?

Fair Oaks Ranch is rated Cheap: rent takes 14.2% of the typical household income of $188,012. It ranks 366th cheapest of 426 Texas cities we track.

How much are property taxes in Fair Oaks Ranch?

The median homeowner in Fair Oaks Ranch pays $10,000+ a year in property taxes, about 1.52% of the median home value.

Is Fair Oaks Ranch 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 Fair Oaks Ranch?

The median home value in Fair Oaks Ranch is $657,600, about 3.5 times the typical yearly household income.

10,728 people live in Fair Oaks Ranch. Numbers are typical (middle) values.