States › Texas › Granite Shoals

Is Granite Shoals, TX expensive to live in?

CheapRent takes 20 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,38821% lower than U.S. average
💵 Families earn per year (2026)$84,168about $7,014/month · 3% lower than U.S. average
🔑 House price$259,80022% lower than U.S. average

Rent is lower than in 64% of U.S. cities. A typical house costs about 3.1 years of household income. Commutes are long, about 40 minutes each way. Most homes (78.7%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $55,520 a year. That is $27 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 191 of 426 cities from cheapest to most expensive.

Granite Shoals
$1,388
$1,360
$2,855
$866

How much do households earn in Granite Shoals?

Under $25k
5.4%
$25k–50k
22.7%
$50k–100k
44.5%
$100k–150k
19.4%
$150k+
9.6%

Share of households by yearly income. 29.0% of households earn $100,000 or more.

Rent by apartment size in Granite Shoals

SizeGranite ShoalsU.S. average
2 bedrooms$1,357$1,509
3 bedrooms$1,785$1,698

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

How expensive is Granite Shoals 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 Granite Shoals, so the Texas figure is shown.

Taxes and bills in Granite Shoals

🏛️ Property tax$3,273a year · 1.26% of home value · U.S. $3,119
⚡ Electric bill$192a month (typical) · U.S. $156

Life in Granite Shoals

Commute to work40 minU.S.: 26.4 min
College degree20.8%U.S.: 35.7%
Own their home78.7%U.S.: 65.2%
Below poverty line2.4%U.S.: 12.5%
Unemployment4.3%U.S.: 5.2%

Is it cheaper to rent or buy in Granite Shoals?

Renting is cheaper right now: about $415 a month less.

Renting
$1,388
Owning
$1,803

Owning assumes a typical $259,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $25,980 for the down payment.

Frequently asked questions

What is the average rent in Granite Shoals, TX?

Renting in Granite Shoals costs a median of about $1,388 a month in 2026, including utilities. The Texas median is $1,451.

How much do I need to make to live in Granite Shoals?

To keep rent under 30% of income, you need about $55,520 a year, or $27 an hour at a full-time job.

Is Granite Shoals cheap or expensive?

Granite Shoals is rated Cheap: rent takes 19.8% of the typical household income of $84,168. It ranks 191st cheapest of 426 Texas cities we track.

How much are property taxes in Granite Shoals?

The median homeowner in Granite Shoals pays $3,273 a year in property taxes, about 1.26% of the median home value.

Is Granite Shoals 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 Granite Shoals?

The median home value in Granite Shoals is $259,800, about 3.1 times the typical yearly household income.

5,328 people live in Granite Shoals. Numbers are typical (middle) values.