City Report · TX

Ferris

Pop. 3,238·46th most expensive in Texas·Rental market data updated monthly for Ferris, TX
Median rent (all units)
$2,025/mo
Year-over-Year
Stable
Month-over-Month
-2.9%
vs US Median
+$60
Falling (Monthly)
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Most AffordableMost Expensive
Ferris · $2,025
More expensive than 60% of US cities · National median $1,965/mo
Affordability
27% of income
AFFORDABLE
0%30% benchmark60%+

At $2,025/mo, rent takes about 27% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$81,000/yr
Local median income
$89,722/yr
Based on the 30%-of-income rule using Ferris's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,250
1 BR
$1,310
2 BR
$1,540
3 BR
$1,930
4 BR+
$2,480
Research median
$1,540/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
$24,300/yr
At $2,025/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, -2.9% MoM), not inventory.
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Demographics

Who lives here

Ferris, TX is majority owner-occupied, has a large share of families with children, has a median income above the national average, 20.2% of residents hold a bachelor's degree or higher.

Population
3,238
Median income
$89,722
Median age
29.3
Renters
31.3%
Age distribution
36.4%
20%
25.5%
Under 1836.4%
18–3420%
35–5425.5%
55–649.3%
65+8.8%
Gender
48.8%
51.2%
Male48.8%
Female51.2%
Race & ethnicity
26.1%
29.1%
53.8%
White26.1%
Black29.1%
Hispanic53.8%
Education (25+)
14.8%
31.1%
33.9%
20.2%
No HS diploma14.8%
HS diploma31.1%
Some college33.9%
Bachelor's+20.2%
Housing tenure
68.7%
31.3%
Owner68.7%
Renter31.3%

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

2021 vs 2026

How Ferris, TX has changed in 5 years

Income
$64,725 → $89,722
up 38.6%
Population
2,736 → 3,238
up 18.3%
Renter share
37% → 31.3%
-5.7 pts
Bachelor's+
15% → 20.2%
+5.2 pts
Median age
30.9 → 29.3
-1.6 yrs

Median household income rose from $64,725 to $89,722 between 2021 and 2024, a 38.6% shift. The population has grown by 18.3% since 2021, moving from about 2,736 residents to roughly 3,238. Renters now make up 31.3% of households, compared with 37% five years ago. College-educated residents now make up 20.2% of adults here, versus 15% in 2021.

Community

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

Can you afford rent in Ferris on your salary?

At $2,025/mo, how Ferris rent compares to typical pay (30% rule).

By apartment size

Ferris rent by bedroom count

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

Local insights

Tips for renters in Ferris

About renting in Ferris, TX

Last updated: July 20, 2026

The median rent in Ferris is $2,025/mo as of July 2026. A studio apartment averages $1,250/mo while a 2-bedroom runs $1,540/mo. One-bedroom apartments average $1,310/mo and 3-bedroom units go for $1,930/mo.

At 27% of local median household income ($89,722/yr), Ferris ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Ferris an affordable city for renters?

Ferris is considered affordable for renters. At $2,025/mo, rent takes approximately 27% of the local median household income ($89,722/yr). The standard benchmark is 30%. Ferris falls comfortably within that range.

How much income do you need to rent in Ferris?

To keep rent at or below 30% of gross income, you would need to earn at least $81,000/year (~$39/hour full-time) to afford the median rent of $2,025/mo in Ferris. The local median household income is $89,722/yr, meaning the typical Ferris household meets that threshold.

Is rent going up or down in Ferris?

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

How does Ferris rent compare to other cities in Texas?

Ferris is one of the pricier cities in Texas for rent, ranking #46 out of 269 tracked cities at $2,025/mo.

Which nearby cities are cheaper to rent in than Ferris?

Several nearby cities have lower median rents than Ferris ($2,025/mo): Balch Springs ($1,704/mo), Crandall ($1,936/mo), Red Oak ($1,949/mo).

What percentage of Ferris residents rent vs. own?

According to Census data, approximately 31.3% of Ferris households are renters, while 68.7% are owner-occupied. Ferris leans toward homeownership, which can mean a smaller rental inventory.

How does Ferris rent compare to the national average?

Ferris's median rent of $2,025/mo is $60 (3%) above the US national median of $1,965/mo. Within Texas, it ranks #46 out of 269 tracked cities.
Income Affordability
27%
AFFORDABLE

At $2,025/mo, rent takes ~27% of Ferris's median household income ($89,722/yr). The standard benchmark is 30%.

Ferris 27%Benchmark 30%
State income taxNone
Run the Ferris affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Ferris, TX

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