Rents are right about where Greenville's 10-year trend predicts.
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 $1,513 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: October 17, 2026
What the numbers show
Rent in Greenville is 0% below its high of $1,513 in July 2026, at $1,513 as of September 2026.
Rent in Greenville changed +1.5% over the year to September 2026. Across the 224 Texas cities Zillow tracks, the typical change was +1.0%.
30% of the median household income ($62,781) is $1,570 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,345); a 2-bedroom is $1,580.
Commerce, 14 miles away, rents for 23% less ($1,166/mo), about $4,200 a year in savings.
From Zillow's monthly rent index (ZORI) for Greenville. 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
Greenville, TX is roughly split between renters and owners, has a large share of families with children, has a median income below the national average, 21.2% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Greenville, TX has changed in 5 years
Rent in Greenville, TX has increased 4.3% since 2023, going from about $1,450 per month to roughly $1,513 today. On the earnings side, the typical household in Greenville, TX now reports about $62,781, up from $50,496 in 2021. Income growth outran rent by about 20.0 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 28,128 to 31,222 between 2021 and 2024, a 11.0% change. About 46.9% of households rent today, against 50.1% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 18.3% to 21.2%. For context, the 2023 to 2026 window covers an unusually volatile run for US rents nationally, and Greenville, TX reflects that arc in its own way.
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Can you afford rent in Greenville on your salary?
At $1,513/mo, how Greenville rent compares to typical pay (30% rule).
Greenville rent by bedroom count
Median rent for each apartment size in Greenville. Click any size for full breakdown.
Tips for renters in Greenville
Last updated: October 17, 2026
The median rent in Greenville is $1,513/mo as of October 2026. A studio apartment averages $1,285/mo while a 2-bedroom runs $1,580/mo. One-bedroom apartments average $1,345/mo and 3-bedroom units go for $1,980/mo.
At 29% of local median household income ($62,781/yr), Greenville ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.5% over the past year.
Frequently asked questions
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Is rent going up or down in Greenville?
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Which nearby cities are cheaper to rent in than Greenville?
At $1,513/mo, rent takes ~29% of Greenville's median household income ($62,781/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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