States › Texas › Lakehills

Is Lakehills, TX expensive to live in?

CheapRent takes 14 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,10137% lower than U.S. average
💵 Families earn per year (2026)$97,184about $8,099/month · 12% higher than U.S. average
🔑 House price$259,00022% lower than U.S. average

Rent is lower than in 82% 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 49.9 minutes each way. Most homes (89.1%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $44,040 a year. That is $21 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 94 of 426 cities from cheapest to most expensive.

Lakehills
$1,101
$1,298
$1,222
$2,077
$1,000

How much do households earn in Lakehills?

Under $25k
11.7%
$25k–50k
17.6%
$50k–100k
44.8%
$100k–150k
14.4%
$150k+
11.1%

Share of households by yearly income. 25.5% of households earn $100,000 or more.

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

Taxes and bills in Lakehills

🏛️ Property tax$2,462a year · 0.95% of home value · U.S. $3,119
⚡ Electric bill$192a month (typical) · U.S. $156

Life in Lakehills

Commute to work49.9 minU.S.: 26.4 min
College degree25.5%U.S.: 35.7%
Own their home89.1%U.S.: 65.2%
Below poverty line12.4%U.S.: 12.5%
Unemployment8.8%U.S.: 5.2%

Is it cheaper to rent or buy in Lakehills?

Renting is cheaper right now: about $696 a month less.

Renting
$1,101
Owning
$1,797

Owning assumes a typical $259,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $25,900 for the down payment.

Frequently asked questions

What is the average rent in Lakehills, TX?

Renting in Lakehills costs a median of about $1,101 a month in 2026, including utilities. The Texas median is $1,451.

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

To keep rent under 30% of income, you need about $44,040 a year, or $21 an hour at a full-time job.

Is Lakehills cheap or expensive?

Lakehills is rated Cheap: rent takes 13.6% of the typical household income of $97,184. It ranks 94th cheapest of 426 Texas cities we track.

How much are property taxes in Lakehills?

The median homeowner in Lakehills pays $2,462 a year in property taxes, about 0.95% of the median home value.

Is Lakehills 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 Lakehills?

The median home value in Lakehills is $259,000, about 2.7 times the typical yearly household income.

6,130 people live in Lakehills. Numbers are typical (middle) values.