Rent here is among the lowest 10% of all 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 $34,880 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 27 of 426 cities from cheapest to most expensive.
How much do households earn in Palestine?
Share of households by yearly income. 13.2% of households earn $100,000 or more.
Rent by apartment size in Palestine
| Size | Palestine | U.S. average |
|---|---|---|
| Studio | $680 | $1,338 |
| 1 bedroom | $922 | $1,324 |
| 2 bedrooms | $1,015 | $1,509 |
| 3 bedrooms | $1,501 | $1,698 |
| 4 bedrooms | $1,472 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Palestine 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 Palestine, so the Texas figure is shown.
Taxes and bills in Palestine
Life in Palestine
Is it cheaper to rent or buy in Palestine?
Renting is cheaper right now: about $280 a month less.
Owning assumes a typical $166,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $16,600 for the down payment.
Frequently asked questions
What is the average rent in Palestine, TX?
Renting in Palestine costs a median of about $872 a month in 2026, including utilities. The Texas median is $1,451.
How much do I need to make to live in Palestine?
To keep rent under 30% of income, you need about $34,880 a year, or $17 an hour at a full-time job.
Is Palestine cheap or expensive?
Palestine is rated OK: rent takes 21.6% of the typical household income of $48,512. It ranks 27th cheapest of 426 Texas cities we track.
How much are property taxes in Palestine?
The median homeowner in Palestine pays $1,977 a year in property taxes, about 1.19% of the median home value.
Is Palestine 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 Palestine?
The median home value in Palestine is $166,000, about 3.4 times the typical yearly household income.
19,136 people live in Palestine. Numbers are typical (middle) values.