Rent is lower than in 65% of U.S. cities. A typical house costs about 3.1 years of household income. Most homes (90.7%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $54,880 a year. That is $26 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 186 of 426 cities from cheapest to most expensive.
How much do households earn in Gun Barrel City?
Share of households by yearly income. 20.8% of households earn $100,000 or more.
Rent by apartment size in Gun Barrel City
| Size | Gun Barrel City | U.S. average |
|---|---|---|
| 2 bedrooms | $922 | $1,509 |
| 3 bedrooms | $1,208 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Gun Barrel City 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 Gun Barrel City, so the Texas figure is shown.
Taxes and bills in Gun Barrel City
Life in Gun Barrel City
Is it cheaper to rent or buy in Gun Barrel City?
Renting is cheaper right now: about $275 a month less.
Owning assumes a typical $237,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $23,730 for the down payment.
Frequently asked questions
What is the average rent in Gun Barrel City, TX?
Renting in Gun Barrel City costs a median of about $1,372 a month in 2026, including utilities. The Texas median is $1,451.
How much do I need to make to live in Gun Barrel City?
To keep rent under 30% of income, you need about $54,880 a year, or $26 an hour at a full-time job.
Is Gun Barrel City cheap or expensive?
Gun Barrel City is rated OK: rent takes 21.4% of the typical household income of $76,908. It ranks 186th cheapest of 426 Texas cities we track.
How much are property taxes in Gun Barrel City?
The median homeowner in Gun Barrel City pays $2,275 a year in property taxes, about 0.96% of the median home value.
Is Gun Barrel City 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 Gun Barrel City?
The median home value in Gun Barrel City is $237,300, about 3.1 times the typical yearly household income.
6,570 people live in Gun Barrel City. Numbers are typical (middle) values.