How much rent can you afford in Hockley, TX?
Run your salary against Hockley's current rent, or find the income you'd need for a target rent. Powered by live RentDataNow medians.
The 30% rent rule, in Hockley
At a median rent of $1,874/mo, Hockley is affordable when measured against Texas median income of $76,292/yr. Rent would consume roughly 29% of pre-tax income, and a salary of about $74,960 keeps rent at the recommended 30% threshold.
Based on Texas median income. Hockley-specific income data isn't available yet, so state-level medians are used as a proxy.
How Hockley compares nearby
Median rent for the closest cities with data.
Frequently asked
How much rent can I afford in Hockley?
On a $76,292 salary (the Texas median income), the recommended ceiling is 30% of pre-tax income, or about $1,907/mo. Hockley's median rent is $1,874/mo. Use the calculator on this page to run your own salary.
What salary do I need to live in Hockley?
To keep Hockley's $1,874/mo median rent under 30% of income, you'd need about $74,960/yr. Lower your target share (e.g. 25%) to need more, or raise it (e.g. 40%) to need less.
Is Hockley affordable on the median Texas income?
Hockley is affordable on a $76,292 income. Rent would take 29% of pre-tax pay, inside the recommended 30% threshold.
What's the 30% rent rule?
The 30% rule is a long-standing budgeting guideline that keeps rent at or below 30% of gross (pre-tax) income. It leaves enough room for utilities, transit, savings, and debt service. In high-cost markets, many renters exceed 30%, and the Census Bureau classifies households paying more than 30% of income on rent as "cost-burdened".