States › Texas › Lockhart

Is Lockhart, TX expensive to live in?

CheapRent takes 17 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,03441% lower than U.S. average
💵 Families earn per year (2026)$73,769about $6,147/month · 15% lower than U.S. average
🔑 House price$251,60024% lower than U.S. average

Rent is lower than in 86% 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 $41,360 a year. That is $20 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 75 of 426 cities from cheapest to most expensive.

Lockhart
$1,034
Rio Grande City
$950
Mineral Wells
$1,556
Uvalde
$1,110
West University Place
$3,500+
Canyon
$1,123
Hereford
$1,699

How much do households earn in Lockhart?

Under $25k
19.2%
$25k–50k
21.8%
$50k–100k
36.6%
$100k–150k
13.1%
$150k+
6.3%

Share of households by yearly income. 19.4% of households earn $100,000 or more.

Rent by apartment size in Lockhart

SizeLockhartU.S. average
1 bedroom$1,004$1,324
2 bedrooms$1,160$1,509
3 bedrooms$1,447$1,698
4 bedrooms$2,175$2,098

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

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

Taxes and bills in Lockhart

🏛️ Property tax$4,022a year · 1.60% of home value · U.S. $3,119
⚡ Electric bill$196a month (typical) · U.S. $156

Life in Lockhart

Commute to work28.6 minU.S.: 26.4 min
College degree21.2%U.S.: 35.7%
Own their home67%U.S.: 65.2%
Below poverty line13%U.S.: 12.5%
Unemployment2.3%U.S.: 5.2%

Is it cheaper to rent or buy in Lockhart?

Renting is cheaper right now: about $712 a month less.

Renting
$1,034
Owning
$1,746

Owning assumes a typical $251,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $25,160 for the down payment.

Frequently asked questions

What is the average rent in Lockhart, TX?

Renting in Lockhart costs a median of about $1,034 a month in 2026, including utilities. The Texas median is $1,451.

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

To keep rent under 30% of income, you need about $41,360 a year, or $20 an hour at a full-time job.

Is Lockhart cheap or expensive?

Lockhart is rated Cheap: rent takes 16.8% of the typical household income of $73,769. It ranks 75th cheapest of 426 Texas cities we track.

How much are property taxes in Lockhart?

The median homeowner in Lockhart pays $4,022 a year in property taxes, about 1.60% of the median home value.

Is Lockhart 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 Lockhart?

The median home value in Lockhart is $251,600, about 3.4 times the typical yearly household income.

15,326 people live in Lockhart. Numbers are typical (middle) values.