At $1,116/mo, rent takes about 23% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,116 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: September 25, 2026
What the numbers show
30% of the median household income ($57,217) is $1,430 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,030); a 3-bedroom is $1,440.
From Zillow's monthly rent index (ZORI) for Gatesville. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Gatesville, TX is majority owner-occupied, skews toward younger working-age adults, has a median income below the national average, 8.6% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Gatesville, TX has changed in 5 years
Census figures show median household income at $57,217 today, compared with $47,480 five years earlier. Headcount in the area went from 15,997 to 16,228 between 2021 and 2024, a 1.4% change. About 36.1% of households rent today, against 38.5% in 2021.
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Can you afford rent in Gatesville on your salary?
At $1,116/mo, how Gatesville rent compares to typical pay (30% rule).
Gatesville rent by bedroom count
Median rent for each apartment size in Gatesville. Click any size for full breakdown.
Tips for renters in Gatesville
Last updated: September 25, 2026
The median rent in Gatesville is $1,116/mo as of September 2026. A studio apartment averages $810/mo while a 2-bedroom runs $1,030/mo. One-bedroom apartments average $810/mo and 3-bedroom units go for $1,440/mo.
At 23% of local median household income ($57,217/yr), Gatesville ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
How much income do you need to rent in Gatesville?
Is rent going up or down in Gatesville?
How does Gatesville rent compare to other cities in Texas?
At $1,116/mo, rent takes ~23% of Gatesville's median household income ($57,217/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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