How much does it cost to rent in Bonham, TX?

As of July 2026, the median monthly rent in Bonham, TX is $1,506. This figure is based on aggregated data from public sources and community-submitted rents.

Is Bonham cheaper than other Texas cities?

Bonham is among the more affordable cities in Texas, ranking #191 out of 269 cities at $1,506/mo.

When was Bonham rent data last updated?

Bonham rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · TX

Bonham

Name: Average Rent Prices in Bonham, TX
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 10,697·191st most expensive in Texas·Rental market data updated monthly for Bonham, TX

Median rent (all units)

$1,506/mo

Year-over-Year

Stable

Month-over-Month

+6.7%

vs US Median

-$459

Rising (Monthly)

Be the first to discuss Bonham rents ↓

Most AffordableMost Expensive

Bonham · $1,506

More affordable than 75% of US cities · National median $1,965/mo

Affordability

31% of income

MODERATE

0%30% benchmark60%+

At $1,506/mo, rent takes about 31% of the local median household income, slightly above the 30% benchmark.

Income to afford

$60,000/yr

Local median income

$57,681/yr

Based on the 30%-of-income rule using Bonham's median rent and household income. See the full affordability breakdown →

Medians by bedroom

Rent by unit size

Studio

$710

1 BR

$710

2 BR

$930

3 BR

$1,310

4 BR+

$1,580

Research median

$930/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$18,072/yr

At $1,506/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+0.0% YoY, +6.7% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Bonham, TX is majority owner-occupied, has a median income below the national average, 15.2% of residents hold a bachelor's degree or higher.

Population

10,697

Median income

$57,681

Median age

36.7

Renters

36.4%

Age distribution

17.8%

28.2%

30.2%

14.7%

Under 1817.8%

18–3428.2%

35–5430.2%

55–649.1%

65+14.7%

Gender

61.5%

38.5%

Male61.5%

Female38.5%

Race & ethnicity

70.4%

12.9%

21.9%

White70.4%

Black12.9%

Hispanic21.9%

Asian0.7%

Education (25+)

17.3%

41.5%

26%

15.2%

No HS diploma17.3%

HS diploma41.5%

Some college26%

Bachelor's+15.2%

Housing tenure

63.6%

36.4%

Owner63.6%

Renter36.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Bonham, TX has changed in 5 years

Income

$43,736 → $57,681

up 31.9%

Population

10,295 → 10,697

up 3.9%

Renter share

42.8% → 36.4%

-6.4 pts

Bachelor's+

14.4% → 15.2%

+0.8 pts

On the earnings side, the typical household in Bonham, TX now reports about $57,681, up from $43,736 in 2021. The population has grown by 3.9% since 2021, moving from about 10,295 residents to roughly 10,697. Renters now make up 36.4% of households, compared with 42.8% five years ago.

Community

Discussions about Bonham

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View Bonham rent history (2015–2026) →

Salary vs rent

Can you afford rent in Bonham on your salary?

At $1,506/mo, how Bonham rent compares to typical pay (30% rule).

Registered Nurse

Avg $93,535/yr · Rent = 19.3% income

very comfortable

Elementary School Teacher

Avg $66,409/yr · Rent = 27.2% income

affordable

Police Officer

Avg $76,497/yr · Rent = 23.6% income

affordable

Software Developer

Avg $136,729/yr · Rent = 13.2% income

very comfortable

Lawyer

Avg $174,705/yr · Rent = 10.3% income

very comfortable

Firefighter

Avg $62,182/yr · Rent = 29.1% income

affordable

Truck Driver

Avg $56,143/yr · Rent = 32.2% income

stretched

Electrician

Avg $69,201/yr · Rent = 26.1% income

affordable

By apartment size

Bonham rent by bedroom count

Median rent for each apartment size in Bonham. Click any size for full breakdown.

Local insights

Tips for renters in Bonham

About renting in Bonham, TX

Last updated: July 20, 2026

The median rent in Bonham is $1,506/mo as of July 2026. A studio apartment averages $710/mo while a 2-bedroom runs $930/mo. One-bedroom apartments average $710/mo and 3-bedroom units go for $1,310/mo.

At 31% of local median household income ($57,681/yr), Bonham ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Bonham an affordable city for renters?

Bonham is considered moderate for renters. At $1,506/mo, rent takes approximately 31% of the local median household income ($57,681/yr). The standard benchmark is 30%. Bonham slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Bonham?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (~$29/hour full-time) to afford the median rent of $1,506/mo in Bonham. The local median household income is $57,681/yr, meaning the typical Bonham household falls short of that threshold.

Is rent going up or down in Bonham?

Rent in Bonham has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Bonham rent compare to other cities in Texas?

Bonham is one of the more affordable cities in Texas for rent, ranking #191 out of 269 tracked cities at $1,506/mo.

Which nearby cities are cheaper to rent in than Bonham?

Several nearby cities have lower median rents than Bonham ($1,506/mo): Commerce ($1,093/mo), Denison ($1,437/mo).

What percentage of Bonham residents rent vs. own?

According to Census data, approximately 36.4% of Bonham households are renters, while 63.6% are owner-occupied. Bonham leans toward homeownership, which can mean a smaller rental inventory.