salaryRent is higher than in 86% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are long, about 43.4 minutes each way. Most homes (77.5%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $101,560 a year. That is $49 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 397 of 426 cities from cheapest to most expensive.
How much do households earn in Providence Village?
Share of households by yearly income. 42.7% of households earn $100,000 or more.
Rent by apartment size in Providence Village
| Size | Providence Village | U.S. average |
|---|---|---|
| 3 bedrooms | $2,635 | $1,698 |
| 4 bedrooms | $2,450 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Providence Village 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 Providence Village, so the Texas figure is shown.
Taxes and bills in Providence Village
Life in Providence Village
Is it cheaper to rent or buy in Providence Village?
Buying is cheaper month to month: about $104 a month less than renting.
Owning assumes a typical $351,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $35,100 for the down payment.
Frequently asked questions
What is the average rent in Providence Village, TX?
Renting in Providence Village costs a median of about $2,539 a month in 2026, including utilities. The Texas median is $1,451.
How much do I need to make to live in Providence Village?
To keep rent under 30% of income, you need about $101,560 a year, or $49 an hour at a full-time job.
Is Providence Village cheap or expensive?
Providence Village is rated OK: rent takes 25.6% of the typical household income of $119,099. It ranks 397th cheapest of 426 Texas cities we track.
How much are property taxes in Providence Village?
The median homeowner in Providence Village pays $6,089 a year in property taxes, about 1.73% of the median home value.
Is Providence Village 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 Providence Village?
The median home value in Providence Village is $351,000, about 2.9 times the typical yearly household income.
8,721 people live in Providence Village. Numbers are typical (middle) values.