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City Report · TX

Gatesville

Pop. 16,228·261st most expensive in Texas·Rents have been falling, good time to negotiate
Median rent (all units)
$1,122/mo
Year-over-Year
Stable
Month-over-Month
-9.4%
vs US Median
-$843
Falling (Monthly)
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Most AffordableMost Expensive
Gatesville · $1,122
More affordable than 95% of US cities · National median $1,965/mo
Affordability
24% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,122/mo, rent takes about 24% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$45,000/yr
Local median income
$57,217/yr
Based on the 30%-of-income rule using Gatesville's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$810
1 BR
$810
2 BR
$1,030
3 BR
$1,440
4 BR+
$1,740
Research median
$1,030/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
$13,464/yr
At $1,122/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -9.4% MoM), not inventory.
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Demographics

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.

Population
16,228
Median income
$57,217
Median age
39.4
Renters
36.1%
Age distribution
31.1%
36.9%
12.4%
Under 188.6%
18–3431.1%
35–5436.9%
55–6412.4%
65+11.1%
Gender
41.3%
58.7%
Male41.3%
Female58.7%
Race & ethnicity
53.4%
16.5%
26.4%
White53.4%
Black16.5%
Hispanic26.4%
Asian1.3%
Other2.4%
Education (25+)
17.6%
37%
36.8%
No HS diploma17.6%
HS diploma37%
Some college36.8%
Bachelor's+8.6%
Housing tenure
63.9%
36.1%
Owner63.9%
Renter36.1%

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

2021 vs 2026

How Gatesville, TX has changed in 5 years

Income
$47,480 → $57,217
up 20.5%
Population
15,997 → 16,228
up 1.4%
Renter share
38.5% → 36.1%
-2.4 pts
Bachelor's+
7.5% → 8.6%
+1.1 pts

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.

Community

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

Can you afford rent in Gatesville on your salary?

At $1,122/mo, how Gatesville rent compares to typical pay (30% rule).

By apartment size

Gatesville rent by bedroom count

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

Local insights

Tips for renters in Gatesville

About renting in Gatesville, TX

Last updated: July 20, 2026

The median rent in Gatesville is $1,122/mo as of July 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 24% 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.

FAQ

Frequently asked questions

Is Gatesville an affordable city for renters?

Gatesville is considered very affordable for renters. At $1,122/mo, rent takes approximately 24% of the local median household income ($57,217/yr). The standard benchmark is 30%. Gatesville falls comfortably within that range.

How much income do you need to rent in Gatesville?

To keep rent at or below 30% of gross income, you would need to earn at least $45,000/year (~$22/hour full-time) to afford the median rent of $1,122/mo in Gatesville. The local median household income is $57,217/yr, meaning the typical Gatesville household meets that threshold.

Is rent going up or down in Gatesville?

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

How does Gatesville rent compare to other cities in Texas?

Gatesville is one of the more affordable cities in Texas for rent, ranking #261 out of 269 tracked cities at $1,122/mo.

What percentage of Gatesville residents rent vs. own?

According to Census data, approximately 36.1% of Gatesville households are renters, while 63.9% are owner-occupied. Gatesville leans toward homeownership, which can mean a smaller rental inventory.

How does Gatesville rent compare to the national average?

Gatesville's median rent of $1,122/mo is $843 (43%) below the US national median of $1,965/mo. Within Texas, it ranks #261 out of 269 tracked cities.
Income Affordability
24%
VERY AFFORDABLE

At $1,122/mo, rent takes ~24% of Gatesville's median household income ($57,217/yr). The standard benchmark is 30%.

Gatesville 24%Benchmark 30%
State income taxNone
Run the Gatesville affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Gatesville, TX

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