City Report · TX

Burnet

Pop. 6,732·173rd most expensive in Texas·Rental market data updated monthly for Burnet, TX
Median rent (all units)
$1,550/mo
Year-over-Year
Stable
Month-over-Month
-3.1%
vs US Median
-$415
Falling (Monthly)
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Most AffordableMost Expensive
Burnet · $1,550
More affordable than 72% of US cities · National median $1,965/mo
Affordability
21% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,550/mo, rent takes about 21% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$62,000/yr
Local median income
$87,587/yr
Based on the 30%-of-income rule using Burnet's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$525
1 BR
$692
2 BR
$1,269
3 BR
$1,467
Research median
$1,269/mo

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

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$18,600/yr
At $1,550/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.0% YoY, -3.1% MoM), not inventory.
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Demographics

Who lives here

Burnet, TX is majority owner-occupied, 23.8% of residents hold a bachelor's degree or higher.

Population
6,732
Median income
$87,587
Median age
40.4
Renters
24.7%
Age distribution
17.6%
24.2%
26.8%
19.7%
Under 1817.6%
18–3424.2%
35–5426.8%
55–6411.8%
65+19.7%
Gender
46.6%
53.4%
Male46.6%
Female53.4%
Race & ethnicity
80.3%
14.8%
White80.3%
Black3.7%
Hispanic14.8%
Asian0.9%
Education (25+)
32.8%
34.7%
23.8%
No HS diploma8.7%
HS diploma32.8%
Some college34.7%
Bachelor's+23.8%
Housing tenure
75.3%
24.7%
Owner75.3%
Renter24.7%

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

2021 vs 2026

How Burnet, TX has changed in 5 years

Income
$70,766 → $87,587
up 23.8%
Population
6,403 → 6,732
up 5.1%
Renter share
25.6% → 24.7%
-0.9 pts
Bachelor's+
20.9% → 23.8%
+2.9 pts
Median age
34.6 → 40.4
+5.8 yrs

Local incomes tracked alongside that move, going from a median of $70,766 in 2021 to $87,587 more recently. The population has grown by 5.1% since 2021, moving from about 6,403 residents to roughly 6,732. College-educated residents now make up 23.8% of adults here, versus 20.9% in 2021.

Community

Discussions about Burnet

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View Burnet rent history (2015–2026) →
Salary vs rent

Can you afford rent in Burnet on your salary?

At $1,550/mo, how Burnet rent compares to typical pay (30% rule).

By apartment size

Burnet rent by bedroom count

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

Local insights

Tips for renters in Burnet

About renting in Burnet, TX

Last updated: July 20, 2026

The median rent in Burnet is $1,550/mo as of July 2026. A studio apartment averages $525/mo while a 2-bedroom runs $1,269/mo. One-bedroom apartments average $692/mo and 3-bedroom units go for $1,467/mo.

At 21% of local median household income ($87,587/yr), Burnet ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Burnet an affordable city for renters?

Burnet is considered very affordable for renters. At $1,550/mo, rent takes approximately 21% of the local median household income ($87,587/yr). The standard benchmark is 30%. Burnet falls comfortably within that range.

How much income do you need to rent in Burnet?

To keep rent at or below 30% of gross income, you would need to earn at least $62,000/year (~$30/hour full-time) to afford the median rent of $1,550/mo in Burnet. The local median household income is $87,587/yr, meaning the typical Burnet household meets that threshold.

Is rent going up or down in Burnet?

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

How does Burnet rent compare to other cities in Texas?

Burnet is middle-of-the-pack for Texas for rent, ranking #173 out of 269 tracked cities at $1,550/mo.

What percentage of Burnet residents rent vs. own?

According to Census data, approximately 24.7% of Burnet households are renters, while 75.3% are owner-occupied. Burnet leans toward homeownership, which can mean a smaller rental inventory.

How does Burnet rent compare to the national average?

Burnet's median rent of $1,550/mo is $415 (21%) below the US national median of $1,965/mo. Within Texas, it ranks #173 out of 269 tracked cities.
Income Affordability
21%
VERY AFFORDABLE

At $1,550/mo, rent takes ~21% of Burnet's median household income ($87,587/yr). The standard benchmark is 30%.

Burnet 21%Benchmark 30%
State income taxNone
Run the Burnet affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Burnet, TX

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