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City Report · TX

Red Oak

Pop. 17,077·58th most expensive in Texas·Rental market data updated monthly for Red Oak, TX
Median rent (all units)
$1,949/mo
Year-over-Year
-1.2%
Month-over-Month
+0.3%
vs US Median
-$16
Stable (Monthly)
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Most AffordableMost Expensive
Red Oak · $1,949
More expensive than 56% of US cities · National median $1,965/mo
Affordability
22% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,949/mo, rent takes about 22% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$78,000/yr
Local median income
$104,561/yr
Based on the 30%-of-income rule using Red Oak's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,540
1 BR
$1,610
2 BR
$1,890
3 BR
$2,370
4 BR+
$3,040
Research median
$1,890/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
$23,388/yr
At $1,949/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-1.2% YoY, +0.3% MoM), not inventory.
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Demographics

Who lives here

Red Oak, TX is majority owner-occupied, has a large share of families with children, has a median income above the national average, 36.7% of residents hold a bachelor's degree or higher.

Population
17,077
Median income
$104,561
Median age
34
Renters
24.5%
Age distribution
31%
20.4%
28.4%
Under 1831%
18–3420.4%
35–5428.4%
55–6410%
65+10.3%
Gender
50.4%
49.6%
Male50.4%
Female49.6%
Race & ethnicity
30.1%
43.1%
21.8%
White30.1%
Black43.1%
Hispanic21.8%
Asian1.7%
Other3.3%
Education (25+)
25.4%
31.9%
36.7%
No HS diploma6%
HS diploma25.4%
Some college31.9%
Bachelor's+36.7%
Housing tenure
75.5%
24.5%
Owner75.5%
Renter24.5%

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

2021 vs 2026

How Red Oak, TX has changed in 5 years

Income
$86,902 → $104,561
up 20.3%
Population
13,956 → 17,077
up 22.4%
Renter share
27.4% → 24.5%
-2.9 pts
Bachelor's+
29.3% → 36.7%
+7.4 pts
Median age
36 → 34
-2.0 yrs

Median household income rose from $86,902 to $104,561 between 2021 and 2024, a 20.3% shift. The population has grown by 22.4% since 2021, moving from about 13,956 residents to roughly 17,077. Renters now make up 24.5% of households, compared with 27.4% five years ago. College-educated residents now make up 36.7% of adults here, versus 29.3% in 2021.

Community

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View Red Oak rent history (2015–2026) →
Salary vs rent

Can you afford rent in Red Oak on your salary?

At $1,949/mo, how Red Oak rent compares to typical pay (30% rule).

By apartment size

Red Oak rent by bedroom count

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

Local insights

Tips for renters in Red Oak

About renting in Red Oak, TX

Last updated: July 20, 2026

The median rent in Red Oak is $1,949/mo as of July 2026. A studio apartment averages $1,540/mo while a 2-bedroom runs $1,890/mo. One-bedroom apartments average $1,610/mo and 3-bedroom units go for $2,370/mo.

At 22% of local median household income ($104,561/yr), Red Oak ranks as affordable compared to the national benchmark of 30%. Rents have decreased 1.2% over the past year.

FAQ

Frequently asked questions

Is Red Oak an affordable city for renters?

Red Oak is considered very affordable for renters. At $1,949/mo, rent takes approximately 22% of the local median household income ($104,561/yr). The standard benchmark is 30%. Red Oak falls comfortably within that range.

How much income do you need to rent in Red Oak?

To keep rent at or below 30% of gross income, you would need to earn at least $78,000/year (~$38/hour full-time) to afford the median rent of $1,949/mo in Red Oak. The local median household income is $104,561/yr, meaning the typical Red Oak household meets that threshold.

Is rent going up or down in Red Oak?

Rent in Red Oak has decreased 1.2% over the past year as of July 2026, offering some relief compared to 12 months ago.

How does Red Oak rent compare to other cities in Texas?

Red Oak is one of the pricier cities in Texas for rent, ranking #58 out of 269 tracked cities at $1,949/mo.

Which nearby cities are cheaper to rent in than Red Oak?

Several nearby cities have lower median rents than Red Oak ($1,949/mo): Waxahachie ($1,673/mo), Cedar Hill ($1,747/mo), Desoto ($1,926/mo).

What percentage of Red Oak residents rent vs. own?

According to Census data, approximately 24.5% of Red Oak households are renters, while 75.5% are owner-occupied. Red Oak leans toward homeownership, which can mean a smaller rental inventory.

How does Red Oak rent compare to the national average?

Red Oak's median rent of $1,949/mo is $16 (1%) below the US national median of $1,965/mo. Within Texas, it ranks #58 out of 269 tracked cities.
Income Affordability
22%
VERY AFFORDABLE

At $1,949/mo, rent takes ~22% of Red Oak's median household income ($104,561/yr). The standard benchmark is 30%.

Red Oak 22%Benchmark 30%
State income taxNone
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Red Oak, TX

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