States › Texas › Mineola

Is Mineola, TX expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$98044% lower than U.S. average
💵 Families earn per year (2026)$57,161about $4,763/month · 34% lower than U.S. average
🔑 House price$215,70035% lower than U.S. average

Rent is lower than in 89% of U.S. cities. A typical house costs about 3.8 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $39,200 a year. That is $19 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 55 of 426 cities from cheapest to most expensive.

Mineola
$980
Terrell Hills
$1,134
Hudson
$1,241
Port Isabel
$787
Gilmer
$1,037
Doffing
$826
Giddings
$1,295

How much do households earn in Mineola?

Under $25k
25.5%
$25k–50k
25.8%
$50k–100k
25.2%
$100k–150k
7.3%
$150k+
9.4%

Share of households by yearly income. 16.7% of households earn $100,000 or more.

Rent by apartment size in Mineola

SizeMineolaU.S. average
1 bedroom$814$1,324
2 bedrooms$1,146$1,509
3 bedrooms$1,034$1,698

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

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

Taxes and bills in Mineola

🏛️ Property tax$1,766a year · 0.82% of home value · U.S. $3,119
⚡ Electric bill$156a month (typical) · U.S. $156

Life in Mineola

Commute to work28.3 minU.S.: 26.4 min
College degree29%U.S.: 35.7%
Own their home56.3%U.S.: 65.2%
Below poverty line12.2%U.S.: 12.5%
Unemployment10.7%U.S.: 5.2%

Is it cheaper to rent or buy in Mineola?

Renting is cheaper right now: about $517 a month less.

Renting
$980
Owning
$1,497

Owning assumes a typical $215,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $21,570 for the down payment.

Frequently asked questions

What is the average rent in Mineola, TX?

Renting in Mineola costs a median of about $980 a month in 2026, including utilities. The Texas median is $1,451.

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

To keep rent under 30% of income, you need about $39,200 a year, or $19 an hour at a full-time job.

Is Mineola cheap or expensive?

Mineola is rated OK: rent takes 20.6% of the typical household income of $57,161. It ranks 55th cheapest of 426 Texas cities we track.

How much are property taxes in Mineola?

The median homeowner in Mineola pays $1,766 a year in property taxes, about 0.82% of the median home value.

Is Mineola 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 Mineola?

The median home value in Mineola is $215,700, about 3.8 times the typical yearly household income.

5,068 people live in Mineola. Numbers are typical (middle) values.