salaryRent here is among the highest 10% in the country. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are long, about 41.6 minutes each way.
How much money do I need?
To rent here comfortably, you should earn about $112,120 a year. That is $54 an hour at a full-time job.
Is rent cheaper than other Texas cities?
No. Rent here is more expensive than in most of Texas. It is number 409 of 426 cities from cheapest to most expensive.
How much do households earn in Paloma Creek South?
Share of households by yearly income. 50.0% of households earn $100,000 or more.
Rent by apartment size in Paloma Creek South
| Size | Paloma Creek South | U.S. average |
|---|---|---|
| 3 bedrooms | $2,725 | $1,698 |
| 4 bedrooms | $2,868 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Paloma Creek South 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 Paloma Creek South, so the Texas figure is shown.
Taxes and bills in Paloma Creek South
Life in Paloma Creek South
Is it cheaper to rent or buy in Paloma Creek South?
Buying is cheaper month to month: about $271 a month less than renting.
Owning assumes a typical $364,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $36,490 for the down payment.
Frequently asked questions
What is the average rent in Paloma Creek South, TX?
Renting in Paloma Creek South costs a median of about $2,803 a month in 2026, including utilities. The Texas median is $1,451.
How much do I need to make to live in Paloma Creek South?
To keep rent under 30% of income, you need about $112,120 a year, or $54 an hour at a full-time job.
Is Paloma Creek South cheap or expensive?
Paloma Creek South is rated OK: rent takes 25.6% of the typical household income of $131,304. It ranks 409th cheapest of 426 Texas cities we track.
How much are property taxes in Paloma Creek South?
The median homeowner in Paloma Creek South pays $7,078 a year in property taxes, about 1.94% of the median home value.
Is Paloma Creek South 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 Paloma Creek South?
The median home value in Paloma Creek South is $364,900, about 2.8 times the typical yearly household income.
8,860 people live in Paloma Creek South. Numbers are typical (middle) values.