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City Report · TX

Richland Hills

Pop. 8,493·207th most expensive in Texas·Rents have been falling, good time to negotiate
Median rent (all units)
$1,400/mo
Year-over-Year
Stable
Month-over-Month
-15.2%
vs US Median
-$562
Falling (Monthly)
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Most AffordableMost Expensive
Richland Hills · $1,400
More affordable than 82% of US cities · National median $1,962/mo
Affordability
25% of income
AFFORDABLE
0%30% benchmark60%+

At $1,400/mo, rent takes about 25% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$56,000/yr
Local median income
$66,721/yr
Based on the 30%-of-income rule using Richland Hills's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

1 BR
$1,089
2 BR
$1,501
3 BR
$1,938
Fair Market Rent (HUD)
$1,501/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,400 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
$16,800/yr
At $1,400/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, -15.2% MoM), not inventory.
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Demographics

Who lives here

Richland Hills, TX is majority owner-occupied, 16.7% of residents hold a bachelor's degree or higher.

Population
8,493
Median income
$66,721
Median age
41.5
Renters
36.6%
Age distribution
18.9%
24.6%
22.1%
16.2%
18.2%
Under 1818.9%
18–3424.6%
35–5422.1%
55–6416.2%
65+18.2%
Gender
47.1%
52.9%
Male47.1%
Female52.9%
Race & ethnicity
75.4%
20.7%
White75.4%
Black3.5%
Hispanic20.7%
Asian1.3%
Education (25+)
31.4%
42.7%
16.7%
No HS diploma9.2%
HS diploma31.4%
Some college42.7%
Bachelor's+16.7%
Housing tenure
63.4%
36.6%
Owner63.4%
Renter36.6%

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

2021 vs 2026

How Richland Hills, TX has changed in 5 years

Income
$67,266 → $66,721
down 0.8%
Population
8,505 → 8,493
down 0.1%
Renter share
31% → 36.6%
+5.6 pts
Bachelor's+
18.2% → 16.7%
-1.5 pts

Household income in the area moved from $67,266 to $66,721 across the same window, down 0.8% versus 2021. The renter share has risen from 31% to 36.6%, with owner-occupied housing accounting for the remainder.

Community

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View Richland Hills rent history (2015–2026) →
Salary vs rent

Can you afford rent in Richland Hills on your salary?

At $1,400/mo, how Richland Hills rent compares to typical pay (30% rule).

By apartment size

Richland Hills rent by bedroom count

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

Local insights

Tips for renters in Richland Hills

About renting in Richland Hills, TX

Last updated: August 17, 2026

The median rent in Richland Hills is $1,400/mo as of August 2026. a 2-bedroom runs $1,501/mo. One-bedroom apartments average $1,089/mo and 3-bedroom units go for $1,938/mo.

At 25% of local median household income ($66,721/yr), Richland Hills ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Richland Hills an affordable city for renters?

Richland Hills is considered affordable for renters. At $1,400/mo, rent takes approximately 25% of the local median household income ($66,721/yr). The standard benchmark is 30%. Richland Hills falls comfortably within that range.

How much income do you need to rent in Richland Hills?

To keep rent at or below 30% of gross income, you would need to earn at least $56,000/year (~$27/hour full-time) to afford the median rent of $1,400/mo in Richland Hills. The local median household income is $66,721/yr, meaning the typical Richland Hills household meets that threshold.

Is rent going up or down in Richland Hills?

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

How does Richland Hills rent compare to other cities in Texas?

Richland Hills is one of the more affordable cities in Texas for rent, ranking #207 out of 267 tracked cities at $1,400/mo.

Which nearby cities are cheaper to rent in than Richland Hills?

Several nearby cities have lower median rents than Richland Hills ($1,400/mo): Haltom City ($1,378/mo), Bedford ($1,379/mo).

What percentage of Richland Hills residents rent vs. own?

According to Census data, approximately 36.6% of Richland Hills households are renters, while 63.4% are owner-occupied. Richland Hills leans toward homeownership, which can mean a smaller rental inventory.

How does Richland Hills rent compare to the national average?

Richland Hills's median rent of $1,400/mo is $562 (29%) below the US national median of $1,962/mo. Within Texas, it ranks #207 out of 267 tracked cities.
Income Affordability
25%
AFFORDABLE

At $1,400/mo, rent takes ~25% of Richland Hills's median household income ($66,721/yr). The standard benchmark is 30%.

Richland Hills 25%Benchmark 30%
State income taxNone
Run the Richland Hills affordability calculator →
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Neighborhoods

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Schools nearby

Public schools near Richland Hills, TX

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