States › Texas › Fate

Is Fate, TX expensive to live in?

OKRent takes 23 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,73456% higher than U.S. average
💵 Families earn per year (2026)$143,173about $11,931/month · 64% higher than U.S. average
🔑 House price$384,30016% higher than U.S. average

Rent is higher than in 90% of U.S. cities. Household incomes are higher than in 88% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are long, about 35.2 minutes each way. Most homes (91.5%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $109,360 a year. That is $53 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 405 of 426 cities from cheapest to most expensive.

Fate
$2,734
$1,359
$2,401
$1,827
$1,086

How much do households earn in Fate?

Under $25k
3.0%
$25k–50k
5.7%
$50k–100k
35.3%
$100k–150k
33.0%
$150k+
21.4%

Share of households by yearly income. 54.4% of households earn $100,000 or more.

Rent by apartment size in Fate

SizeFateU.S. average
3 bedrooms$2,362$1,698
4 bedrooms$2,897$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Fate 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 Fate, so the Texas figure is shown.

Taxes and bills in Fate

🏛️ Property tax$6,495a year · 1.69% of home value · U.S. $3,119
⚡ Electric bill$191a month (typical) · U.S. $156

Life in Fate

Commute to work35.2 minU.S.: 26.4 min
College degree42.3%U.S.: 35.7%
Own their home91.5%U.S.: 65.2%
Below poverty line3.6%U.S.: 12.5%
Unemployment5.4%U.S.: 5.2%

Is it cheaper to rent or buy in Fate?

Buying is cheaper month to month: about $67 a month less than renting.

Renting
$2,734
Owning
$2,667

Owning assumes a typical $384,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $38,430 for the down payment.

Frequently asked questions

What is the average rent in Fate, TX?

Renting in Fate costs a median of about $2,734 a month in 2026, including utilities. The Texas median is $1,451.

How much do I need to make to live in Fate?

To keep rent under 30% of income, you need about $109,360 a year, or $53 an hour at a full-time job.

Is Fate cheap or expensive?

Fate is rated OK: rent takes 22.9% of the typical household income of $143,173. It ranks 405th cheapest of 426 Texas cities we track.

How much are property taxes in Fate?

The median homeowner in Fate pays $6,495 a year in property taxes, about 1.69% of the median home value.

Is Fate 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 Fate?

The median home value in Fate is $384,300, about 2.7 times the typical yearly household income.

22,884 people live in Fate. Numbers are typical (middle) values.