salaryRent is lower than in 88% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 19.4 minutes. Most homes (79.8%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $39,480 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 60 of 426 cities from cheapest to most expensive.
How much do households earn in Muleshoe?
Share of households by yearly income. 18.0% of households earn $100,000 or more.
Rent by apartment size in Muleshoe
| Size | Muleshoe | U.S. average |
|---|---|---|
| 1 bedroom | $449 | $1,324 |
| 2 bedrooms | $870 | $1,509 |
| 3 bedrooms | $1,033 | $1,698 |
| 4 bedrooms | $1,263 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Muleshoe 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 Muleshoe, so the Texas figure is shown.
Taxes and bills in Muleshoe
Life in Muleshoe
Is it cheaper to rent or buy in Muleshoe?
Buying is cheaper month to month: about $303 a month less than renting.
Owning assumes a typical $98,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $9,860 for the down payment.
Frequently asked questions
What is the average rent in Muleshoe, TX?
Renting in Muleshoe costs a median of about $987 a month in 2026, including utilities. The Texas median is $1,451.
How much do I need to make to live in Muleshoe?
To keep rent under 30% of income, you need about $39,480 a year, or $19 an hour at a full-time job.
Is Muleshoe cheap or expensive?
Muleshoe is rated Cheap: rent takes 15.9% of the typical household income of $74,521. It ranks 60th cheapest of 426 Texas cities we track.
How much are property taxes in Muleshoe?
The median homeowner in Muleshoe pays $1,448 a year in property taxes, about 1.47% of the median home value.
Is Muleshoe 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 Muleshoe?
The median home value in Muleshoe is $98,600, about 1.3 times the typical yearly household income.
5,667 people live in Muleshoe. Numbers are typical (middle) values.