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City Report · TX

Lavon

Pop. 6,498·31st most expensive in Texas·Lavon rents have dropped 12.3%, currently a renter's market
Median rent (all units)
$2,121/mo
Year-over-Year
-12.3%
Month-over-Month
-4.1%
vs US Median
+$159
Falling (Monthly)
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Most AffordableMost Expensive
Lavon · $2,121
More expensive than 65% of US cities · National median $1,962/mo
Affordability
19% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $2,121/mo, rent takes about 19% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$85,000/yr
Local median income
$131,303/yr
Based on the 30%-of-income rule using Lavon's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$2,010
1 BR
$2,110
2 BR
$2,470
3 BR
$3,100
4 BR+
$3,980
Fair Market Rent (HUD)
$2,470/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,121 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 →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$25,452/yr
At $2,121/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 12.3% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (-12.3% YoY, -4.1% MoM), not inventory.
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Demographics

Who lives here

Lavon, TX is majority owner-occupied, has a large share of families with children, has a median income above the national average, 42.4% of residents hold a bachelor's degree or higher.

Population
6,498
Median income
$131,303
Median age
33.9
Renters
9.8%
Age distribution
29.4%
21.5%
31.9%
Under 1829.4%
18–3421.5%
35–5431.9%
55–649.4%
65+7.7%
Gender
50.8%
49.2%
Male50.8%
Female49.2%
Race & ethnicity
61.1%
20.7%
White61.1%
Black8.5%
Hispanic20.7%
Asian8%
Other1.7%
Education (25+)
20.4%
34.8%
42.4%
No HS diploma2.4%
HS diploma20.4%
Some college34.8%
Bachelor's+42.4%
Housing tenure
90.2%
Owner90.2%
Renter9.8%

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

2021 vs 2026

How Lavon, TX has changed in 5 years

Income
$100,714 → $131,303
up 30.4%
Population
4,412 → 6,498
up 47.3%
Renter share
12.5% → 9.8%
-2.7 pts
Bachelor's+
33.1% → 42.4%
+9.3 pts

Household income in the area moved from $100,714 to $131,303 across the same window, up 30.4% versus 2021. The population has grown by 47.3% since 2021, moving from about 4,412 residents to roughly 6,498. Renters now make up 9.8% of households, compared with 12.5% five years ago. College-educated residents now make up 42.4% of adults here, versus 33.1% in 2021.

Community

Discussions about Lavon

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

Can you afford rent in Lavon on your salary?

At $2,121/mo, how Lavon rent compares to typical pay (30% rule).

By apartment size

Lavon rent by bedroom count

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

Local insights

Tips for renters in Lavon

About renting in Lavon, TX

Last updated: August 17, 2026

The median rent in Lavon is $2,121/mo as of August 2026. A studio apartment averages $2,010/mo while a 2-bedroom runs $2,470/mo. One-bedroom apartments average $2,110/mo and 3-bedroom units go for $3,100/mo.

At 19% of local median household income ($131,303/yr), Lavon ranks as affordable compared to the national benchmark of 30%. Rents have decreased 12.3% over the past year.

FAQ

Frequently asked questions

Is Lavon an affordable city for renters?

Lavon is considered very affordable for renters. At $2,121/mo, rent takes approximately 19% of the local median household income ($131,303/yr). The standard benchmark is 30%. Lavon falls comfortably within that range.

How much income do you need to rent in Lavon?

To keep rent at or below 30% of gross income, you would need to earn at least $85,000/year (~$41/hour full-time) to afford the median rent of $2,121/mo in Lavon. The local median household income is $131,303/yr, meaning the typical Lavon household meets that threshold.

Is rent going up or down in Lavon?

Rent in Lavon has decreased 12.3% over the past year as of August 2026, offering some relief compared to 12 months ago.

How does Lavon rent compare to other cities in Texas?

Lavon is one of the pricier cities in Texas for rent, ranking #31 out of 267 tracked cities at $2,121/mo.

Which nearby cities are cheaper to rent in than Lavon?

Several nearby cities have lower median rents than Lavon ($2,121/mo): Rowlett ($1,561/mo), Sachse ($1,691/mo), Rockwall ($1,747/mo).

What percentage of Lavon residents rent vs. own?

According to Census data, approximately 9.8% of Lavon households are renters, while 90.2% are owner-occupied. Lavon leans toward homeownership, which can mean a smaller rental inventory.

How does Lavon rent compare to the national average?

Lavon's median rent of $2,121/mo is $159 (8%) above the US national median of $1,962/mo. Within Texas, it ranks #31 out of 267 tracked cities.
Income Affordability
19%
VERY AFFORDABLE

At $2,121/mo, rent takes ~19% of Lavon's median household income ($131,303/yr). The standard benchmark is 30%.

Lavon 19%Benchmark 30%
State income taxNone
Run the Lavon affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Lavon, TX

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