States › Texas › Waxahachie

Is Waxahachie, TX expensive to live in?

OKRent takes 23 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,754same as U.S. average
💵 Families earn per year (2026)$92,452about $7,704/month · 6% higher than U.S. average
🔑 House price$336,5001% higher than U.S. average

Rent is higher than in 55% of U.S. cities. A typical house costs about 3.6 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $70,160 a year. That is $34 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 282 of 426 cities from cheapest to most expensive.

Waxahachie
$1,754
The Colony
$2,115
Haltom City
$1,712
Keller
$2,218
Sherman
$1,526
Schertz
$2,251
Channelview
$939

How much do households earn in Waxahachie?

Under $25k
11.3%
$25k–50k
18.4%
$50k–100k
37.4%
$100k–150k
19.8%
$150k+
10.3%

Share of households by yearly income. 30.0% of households earn $100,000 or more.

Rent by apartment size in Waxahachie

SizeWaxahachieU.S. average
Studio$1,209$1,338
1 bedroom$1,533$1,324
2 bedrooms$1,659$1,509
3 bedrooms$2,016$1,698
4 bedrooms$2,360$2,098

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

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

Taxes and bills in Waxahachie

🏛️ Property tax$5,225a year · 1.55% of home value · U.S. $3,119
⚡ Electric bill$188a month (typical) · U.S. $156

Life in Waxahachie

Commute to work25.9 minU.S.: 26.4 min
College degree31.4%U.S.: 35.7%
Own their home60.3%U.S.: 65.2%
Below poverty line7.9%U.S.: 12.5%
Unemployment3%U.S.: 5.2%

Is it cheaper to rent or buy in Waxahachie?

Renting is cheaper right now: about $581 a month less.

Renting
$1,754
Owning
$2,335

Owning assumes a typical $336,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $33,650 for the down payment.

Frequently asked questions

What is the average rent in Waxahachie, TX?

Renting in Waxahachie costs a median of about $1,754 a month in 2026, including utilities. The Texas median is $1,451.

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

To keep rent under 30% of income, you need about $70,160 a year, or $34 an hour at a full-time job.

Is Waxahachie cheap or expensive?

Waxahachie is rated OK: rent takes 22.8% of the typical household income of $92,452. It ranks 282nd cheapest of 426 Texas cities we track.

How much are property taxes in Waxahachie?

The median homeowner in Waxahachie pays $5,225 a year in property taxes, about 1.55% of the median home value.

Is Waxahachie 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 Waxahachie?

The median home value in Waxahachie is $336,500, about 3.6 times the typical yearly household income.

45,347 people live in Waxahachie. Numbers are typical (middle) values.