Killeen, TX housing rentals

What Do the Latest Statistics Show About Affordability in Killeen, TX Housing Rentals?

For those eyeing Killeen, TX housing rentals, affordability is a pressing issue. As of August 2025, fresh data paints a picture of a rental market that’s easier on the wallet compared to national trends, though hurdles remain due to economic shifts. 

Latest Rental Costs in Killeen 

The median monthly rent for all types of properties in Killeen, TX, housing rentals stands at $1,284, based on Zillow. This covers everything from cozy studios to spacious homes, with prices ranging from $425 to $3,250. Notably, this median dropped $50 from last year, hinting at a slight market slowdown. Compared to the national median, Killeen’s rent is 40% lower, making it a draw for those watching their budgets.

By unit size, one-bedroom apartments average $800, while two-bedroom units sit around $850, according to Rent. These prices have stayed fairly steady, with only small monthly changes. With 1,292 rentals available, the market offers a decent choice for tenants.

How Affordable Are Rentals Compared to Income?

To gauge affordability in Killeen, TX housing rentals, experts often look at the rent-to-income ratio, suggesting rent shouldn’t exceed 30% of household income. Killeen’s median household income is $58,339 per year, according to 2023 U.S. Census data updated in 2025 via Data USA. With a $1,250 median rent, that’s about 25.7% of income—well within the recommended range, making Killeen more manageable than many U.S. cities.

Still, not everyone has it easy. Nationally, 51.8% of renters spend over 30% of their income on rent, per Apartment List’s 2025 report, and Texas sees similar struggles, with over half of renters facing high costs. 

In Killeen, lower-income households (earning under $20,000) might spend over 50% on rent, though median earners face a more reasonable 20% burden, based on adjusted 2019 Census ACS data for 2025. The city’s 8.31% rental vacancy rate offers options, but prime areas like Killeen Heights can be competitive.

Jim Wright Company Is Your Local Partner 

For those diving into Killeen, TX housing rentals, the Jim Wright Company is a go-to resource. Since 1974, this Killeen-based firm has excelled in property management, handling over 2,000 units, mainly for military clients. Named Central Texas’s best multiple times, including in 2024, we serve 4,000+ tenants yearly with leasing, sales, and stress-free management. Our deep knowledge of Fort Hood-area rentals makes them a solid ally for finding affordable homes.

Wrapping Up

Recent numbers show Killeen, TX housing rentals as budget-friendly, with a $1,250 median rent and $58,339 median income, creating a sustainable setup for many. While national cost burdens loom, Killeen’s military-driven stability and lower rents offer relief. For tailored help, Jim Wright Company can steer you through the market with ease.