States › Texas › Palmview

Is Palmview, TX expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$83353% lower than U.S. average
💵 Families earn per year (2026)$47,414about $3,951/month · 46% lower than U.S. average
🔑 House price$113,60066% lower than U.S. average

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 (76.2%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $33,320 a year. That is $16 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 19 of 426 cities from cheapest to most expensive.

Palmview
$833
$2,020
$1,604
$1,123

How much do households earn in Palmview?

Under $25k
28.5%
$25k–50k
23.6%
$50k–100k
27.9%
$100k–150k
9.2%
$150k+
4.9%

Share of households by yearly income. 14.1% of households earn $100,000 or more.

Rent by apartment size in Palmview

SizePalmviewU.S. average
1 bedroom$455$1,324
2 bedrooms$729$1,509
3 bedrooms$1,085$1,698

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

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

Taxes and bills in Palmview

🏛️ Property tax$2,071a year · 1.82% of home value · U.S. $3,119
⚡ Electric bill$208a month (typical) · U.S. $156

Life in Palmview

Commute to work20.4 minU.S.: 26.4 min
College degree13%U.S.: 35.7%
Own their home76.2%U.S.: 65.2%
Below poverty line30.8%U.S.: 12.5%
Unemployment5.1%U.S.: 5.2%

Is it cheaper to rent or buy in Palmview?

About the same. Renting and owning cost within $45 of each other each month.

Renting
$833
Owning
$788

Owning assumes a typical $113,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $11,360 for the down payment.

Frequently asked questions

What is the average rent in Palmview, TX?

Renting in Palmview costs a median of about $833 a month in 2026, including utilities. The Texas median is $1,451.

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

To keep rent under 30% of income, you need about $33,320 a year, or $16 an hour at a full-time job.

Is Palmview cheap or expensive?

Palmview is rated OK: rent takes 21.1% of the typical household income of $47,414. It ranks 19th cheapest of 426 Texas cities we track.

How much are property taxes in Palmview?

The median homeowner in Palmview pays $2,071 a year in property taxes, about 1.82% of the median home value.

Is Palmview 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 Palmview?

The median home value in Palmview is $113,600, about 2.4 times the typical yearly household income.

15,921 people live in Palmview. Numbers are typical (middle) values.