States › Texas › Penitas

Is Penitas, TX expensive to live in?

CheapRent takes 17 cents of every $1 people earn here.
🏠 Rent per month (2026)$73358% lower than U.S. average
💵 Families earn per year (2026)$52,839about $4,403/month · 39% lower than U.S. average
🔑 House price$167,00050% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs about 3.2 years of household income. Most homes (85.8%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $29,320 a year. That is $14 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 6 of 426 cities from cheapest to most expensive.

Penitas
$733
Pecan Plantation
$2,280
San Leon
$1,041
Savannah
$2,104
Bulverde
$1,888
Wilmer
$1,435
Lavon
$2,318

How much do households earn in Penitas?

Under $25k
23.4%
$25k–50k
30.5%
$50k–100k
17.7%
$100k–150k
22.0%
$150k+
4.8%

Share of households by yearly income. 26.8% of households earn $100,000 or more.

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

Taxes and bills in Penitas

🏛️ Property tax$2,839a year · 1.70% of home value · U.S. $3,119
⚡ Electric bill$217a month (typical) · U.S. $156

Life in Penitas

Commute to work22.1 minU.S.: 26.4 min
College degree11.7%U.S.: 35.7%
Own their home85.8%U.S.: 65.2%
Below poverty line23.8%U.S.: 12.5%
Unemployment7.4%U.S.: 5.2%

Is it cheaper to rent or buy in Penitas?

Renting is cheaper right now: about $426 a month less.

Renting
$733
Owning
$1,159

Owning assumes a typical $167,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $16,700 for the down payment.

Frequently asked questions

What is the average rent in Penitas, TX?

Renting in Penitas costs a median of about $733 a month in 2026, including utilities. The Texas median is $1,451.

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

To keep rent under 30% of income, you need about $29,320 a year, or $14 an hour at a full-time job.

Is Penitas cheap or expensive?

Penitas is rated Cheap: rent takes 16.6% of the typical household income of $52,839. It ranks 6th cheapest of 426 Texas cities we track.

How much are property taxes in Penitas?

The median homeowner in Penitas pays $2,839 a year in property taxes, about 1.70% of the median home value.

Is Penitas 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 Penitas?

The median home value in Penitas is $167,000, about 3.2 times the typical yearly household income.

6,444 people live in Penitas. Numbers are typical (middle) values.