Rent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (92.1%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $36,200 a year. That is $17 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 34 of 426 cities from cheapest to most expensive.
How much do households earn in Olivarez?
Share of households by yearly income. 26.4% of households earn $100,000 or more.
How expensive is Olivarez 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 Olivarez, so the Texas figure is shown.
Taxes and bills in Olivarez
Life in Olivarez
Is it cheaper to rent or buy in Olivarez?
Buying is cheaper month to month: about $355 a month less than renting.
Owning assumes a typical $79,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $7,930 for the down payment.
Frequently asked questions
What is the average rent in Olivarez, TX?
Renting in Olivarez costs a median of about $905 a month in 2026, including utilities. The Texas median is $1,451.
How much do I need to make to live in Olivarez?
To keep rent under 30% of income, you need about $36,200 a year, or $17 an hour at a full-time job.
Is Olivarez cheap or expensive?
Olivarez is rated Cheap: rent takes 15.6% of the typical household income of $69,670. It ranks 34th cheapest of 426 Texas cities we track.
How much are property taxes in Olivarez?
The median homeowner in Olivarez pays $1,552 a year in property taxes, about 1.96% of the median home value.
Is Olivarez 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 Olivarez?
The median home value in Olivarez is $79,300, about 1.1 times the typical yearly household income.
6,326 people live in Olivarez. Numbers are typical (middle) values.