At $1,598/mo, rent takes about 29% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,598 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 →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Terrell changed +4.4% over the year to September 2026. Across the 224 Texas cities Zillow tracks, the typical change was +1.0%.
Rent has risen 3 months in a row, and rose in 7 of the last 12 months.
30% of the median household income ($65,842) is $1,646 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,550); a 3-bedroom is $1,940.
From Zillow's monthly rent index (ZORI) for Terrell. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Terrell, TX is majority owner-occupied, has a large share of families with children, has a median income below the national average, 15.8% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Terrell, TX has changed in 5 years
Local incomes tracked alongside that move, going from a median of $57,904 in 2021 to $65,842 more recently. Census counts show Terrell, TX adding about 3,283 residents over the five-year window, up 19.2% on net.
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Can you afford rent in Terrell on your salary?
At $1,598/mo, how Terrell rent compares to typical pay (30% rule).
Terrell rent by bedroom count
Median rent for each apartment size in Terrell. Click any size for full breakdown.
Tips for renters in Terrell
Last updated: October 17, 2026
The median rent in Terrell is $1,598/mo as of October 2026. A studio apartment averages $1,260/mo while a 2-bedroom runs $1,550/mo. One-bedroom apartments average $1,320/mo and 3-bedroom units go for $1,940/mo.
At 29% of local median household income ($65,842/yr), Terrell ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.4% over the past year.
Frequently asked questions
How much income do you need to rent in Terrell?
Is rent going up or down in Terrell?
How does Terrell rent compare to other cities in Texas?
At $1,598/mo, rent takes ~29% of Terrell's median household income ($65,842/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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