Rent is lower than in 56% of U.S. cities. A typical house costs about 3.4 years of household income.
How much money do I need?
To rent here comfortably, you should earn about $61,440 a year. That is $30 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 235 of 426 cities from cheapest to most expensive.
How much do households earn in Hondo?
Share of households by yearly income. 17.8% of households earn $100,000 or more.
Rent by apartment size in Hondo
| Size | Hondo | U.S. average |
|---|---|---|
| 1 bedroom | $533 | $1,324 |
| 2 bedrooms | $1,376 | $1,509 |
| 3 bedrooms | $1,666 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Hondo 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 Hondo, so the Texas figure is shown.
Taxes and bills in Hondo
Life in Hondo
Is it cheaper to rent or buy in Hondo?
About the same. Renting and owning cost within $49 of each other each month.
Owning assumes a typical $228,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $22,840 for the down payment.
Frequently asked questions
What is the average rent in Hondo, TX?
Renting in Hondo costs a median of about $1,536 a month in 2026, including utilities. The Texas median is $1,451.
How much do I need to make to live in Hondo?
To keep rent under 30% of income, you need about $61,440 a year, or $30 an hour at a full-time job.
Is Hondo cheap or expensive?
Hondo is rated OK: rent takes 27.6% of the typical household income of $66,902. It ranks 235th cheapest of 426 Texas cities we track.
How much are property taxes in Hondo?
The median homeowner in Hondo pays $2,713 a year in property taxes, about 1.19% of the median home value.
Is Hondo 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 Hondo?
The median home value in Hondo is $228,400, about 3.4 times the typical yearly household income.
8,713 people live in Hondo. Numbers are typical (middle) values.