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City Report · TX

Taylor

Pop. 17,136·21st most expensive in Texas·Taylor rents are up 23.4% over the past year
Median rent (all units)
$2,218/mo
Year-over-Year
+23.4%
Month-over-Month
+5.7%
vs US Median
+$256
Rising (Monthly)
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Most AffordableMost Expensive
Taylor · $2,218
More expensive than 70% of US cities · National median $1,962/mo
Affordability
35% of income
MODERATE
0%30% benchmark60%+

At $2,218/mo, rent takes about 35% of the local median household income, slightly above the 30% benchmark.

Income to afford
$89,000/yr
Local median income
$75,508/yr
Based on the 30%-of-income rule using Taylor's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,370
1 BR
$1,480
2 BR
$1,740
3 BR
$2,230
4 BR+
$2,560
Fair Market Rent (HUD)
$1,740/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,218 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
$26,616/yr
At $2,218/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 23.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+23.4% YoY, +5.7% MoM), not inventory.
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Demographics

Who lives here

Taylor, TX is majority owner-occupied, 20.4% of residents hold a bachelor's degree or higher.

Population
17,136
Median income
$75,508
Median age
41.1
Renters
25.4%
Age distribution
21.4%
20.2%
27.1%
12.4%
18.9%
Under 1821.4%
18–3420.2%
35–5427.1%
55–6412.4%
65+18.9%
Gender
49.4%
50.6%
Male49.4%
Female50.6%
Race & ethnicity
57.4%
44.9%
White57.4%
Black7.4%
Hispanic44.9%
Education (25+)
15%
35%
29.7%
20.4%
No HS diploma15%
HS diploma35%
Some college29.7%
Bachelor's+20.4%
Housing tenure
74.6%
25.4%
Owner74.6%
Renter25.4%

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

2021 vs 2026

How Taylor, TX has changed in 5 years

Income
$60,629 → $75,508
up 24.5%
Population
16,154 → 17,136
up 6.1%
Renter share
30.5% → 25.4%
-5.1 pts
Bachelor's+
14.9% → 20.4%
+5.5 pts

On the earnings side, the typical household in Taylor, TX now reports about $75,508, up from $60,629 in 2021. Headcount in the area went from 16,154 to 17,136 between 2021 and 2024, a 6.1% change. About 25.4% of households rent today, against 30.5% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 14.9% to 20.4%.

Community

Discussions about Taylor

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

Can you afford rent in Taylor on your salary?

At $2,218/mo, how Taylor rent compares to typical pay (30% rule).

By apartment size

Taylor rent by bedroom count

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

Local insights

Tips for renters in Taylor

About renting in Taylor, TX

Last updated: August 17, 2026

The median rent in Taylor is $2,218/mo as of August 2026. A studio apartment averages $1,370/mo while a 2-bedroom runs $1,740/mo. One-bedroom apartments average $1,480/mo and 3-bedroom units go for $2,230/mo.

At 35% of local median household income ($75,508/yr), Taylor ranks as moderate compared to the national benchmark of 30%. Rents have increased 23.4% over the past year.

FAQ

Frequently asked questions

Is Taylor an affordable city for renters?

Taylor is considered moderate for renters. At $2,218/mo, rent takes approximately 35% of the local median household income ($75,508/yr). The standard benchmark is 30%. Taylor slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Taylor?

To keep rent at or below 30% of gross income, you would need to earn at least $89,000/year (~$43/hour full-time) to afford the median rent of $2,218/mo in Taylor. The local median household income is $75,508/yr, meaning the typical Taylor household falls short of that threshold.

Is rent going up or down in Taylor?

Rent in Taylor has increased 23.4% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Taylor rent compare to other cities in Texas?

Taylor is one of the pricier cities in Texas for rent, ranking #21 out of 267 tracked cities at $2,218/mo.

Which nearby cities are cheaper to rent in than Taylor?

Several nearby cities have lower median rents than Taylor ($2,218/mo): Pflugerville ($1,667/mo), Manor ($1,672/mo), Round Rock ($1,734/mo).

What percentage of Taylor residents rent vs. own?

According to Census data, approximately 25.4% of Taylor households are renters, while 74.6% are owner-occupied. Taylor leans toward homeownership, which can mean a smaller rental inventory.

How does Taylor rent compare to the national average?

Taylor's median rent of $2,218/mo is $256 (13%) above the US national median of $1,962/mo. Within Texas, it ranks #21 out of 267 tracked cities.
Income Affordability
35%
MODERATE

At $2,218/mo, rent takes ~35% of Taylor's median household income ($75,508/yr). The standard benchmark is 30%.

Taylor 35%Benchmark 30%
State income taxNone
Run the Taylor affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Taylor, TX

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