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City Report · TX

Fate

Pop. 22,884·30th most expensive in Texas·Fate rents are up 6.9% over the past year
Median rent (all units)
$2,147/mo
Year-over-Year
+6.9%
Month-over-Month
-2.7%
vs US Median
+$182
Falling (Monthly)
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Most AffordableMost Expensive
Fate · $2,147
More expensive than 67% of US cities · National median $1,965/mo
Affordability
19% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $2,147/mo, rent takes about 19% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$86,000/yr
Local median income
$132,752/yr
Based on the 30%-of-income rule using Fate's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

3 BR
$2,017
4 BR+
$2,473

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
$25,764/yr
At $2,147/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+6.9% YoY, -2.7% MoM), not inventory.
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Demographics

Who lives here

Fate, TX is majority owner-occupied, has a large share of families with children, has a median income above the national average, 42.3% of residents hold a bachelor's degree or higher.

Population
22,884
Median income
$132,752
Median age
31.6
Renters
8.5%
Age distribution
33.6%
21.1%
30%
Under 1833.6%
18–3421.1%
35–5430%
55–648.8%
65+6.6%
Gender
50.4%
49.6%
Male50.4%
Female49.6%
Race & ethnicity
54.8%
32%
White54.8%
Black11.5%
Hispanic32%
Asian3.1%
Education (25+)
17.9%
31.9%
42.3%
No HS diploma7.9%
HS diploma17.9%
Some college31.9%
Bachelor's+42.3%
Housing tenure
91.5%
Owner91.5%
Renter8.5%

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

2023 vs 2026

How Fate, TX has changed in 5 years

Rent
$2,038 → $2,147
up 5.3%
Income
$114,280 → $132,752
up 16.2%
Population
17,403 → 22,884
up 31.5%
Renter share
8.3% → 8.5%
+0.2 pts
Bachelor's+
46.9% → 42.3%
-4.6 pts
Median age
34.2 → 31.6
-2.6 yrs

Compared with 2023, rent in Fate, TX has increased by $109 per month, settling near $2,147 after starting the period at $2,038. On the earnings side, the typical household in Fate, TX now reports about $132,752, up from $114,280 in 2021. Income growth outran rent by about 10.9 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 17,403 to 22,884 between 2021 and 2024, a 31.5% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher slipped from 46.9% to 42.3%. For context, the 2023 to 2026 window covers an unusually volatile run for US rents nationally, and Fate, TX reflects that arc in its own way.

Community

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

Can you afford rent in Fate on your salary?

At $2,147/mo, how Fate rent compares to typical pay (30% rule).

By apartment size

Fate rent by bedroom count

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

Local insights

Tips for renters in Fate

About renting in Fate, TX

Last updated: July 20, 2026

The median rent in Fate is $2,147/mo as of July 2026. and 3-bedroom units go for $2,017/mo.

At 19% of local median household income ($132,752/yr), Fate ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.9% over the past year.

FAQ

Frequently asked questions

Is Fate an affordable city for renters?

Fate is considered very affordable for renters. At $2,147/mo, rent takes approximately 19% of the local median household income ($132,752/yr). The standard benchmark is 30%. Fate falls comfortably within that range.

How much income do you need to rent in Fate?

To keep rent at or below 30% of gross income, you would need to earn at least $86,000/year (~$41/hour full-time) to afford the median rent of $2,147/mo in Fate. The local median household income is $132,752/yr, meaning the typical Fate household meets that threshold.

Is rent going up or down in Fate?

Rent in Fate has increased 6.9% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Fate rent compare to other cities in Texas?

Fate is one of the pricier cities in Texas for rent, ranking #30 out of 269 tracked cities at $2,147/mo.

Which nearby cities are cheaper to rent in than Fate?

Several nearby cities have lower median rents than Fate ($2,147/mo): Rowlett ($1,668/mo), Rockwall ($1,794/mo), Wylie ($1,859/mo).

What percentage of Fate residents rent vs. own?

According to Census data, approximately 8.5% of Fate households are renters, while 91.5% are owner-occupied. Fate leans toward homeownership, which can mean a smaller rental inventory.

How does Fate rent compare to the national average?

Fate's median rent of $2,147/mo is $182 (9%) above the US national median of $1,965/mo. Within Texas, it ranks #30 out of 269 tracked cities.
Income Affordability
19%
VERY AFFORDABLE

At $2,147/mo, rent takes ~19% of Fate's median household income ($132,752/yr). The standard benchmark is 30%.

Fate 19%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Fate, TX

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