At $4,326/mo, rent takes about 21% 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 $4,326 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
30% of the median household income ($250,001) is $6,250 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($4,560).
From Zillow's monthly rent index (ZORI) for University Park. 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
University Park, TX is majority owner-occupied, has a large share of families with children, has a median income above the national average, 90.8% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How University Park, TX has changed in 5 years
Median household income rose from $247,045 to $250,001 between 2021 and 2024, a 1.2% shift. College-educated residents now make up 90.8% of adults here, versus 88.5% in 2021.
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Can you afford rent in University Park on your salary?
At $4,326/mo, how University Park rent compares to typical pay (30% rule).
University Park rent by bedroom count
Median rent for each apartment size in University Park. Click any size for full breakdown.
Tips for renters in University Park
Last updated: October 17, 2026
The median rent in University Park is $4,326/mo as of October 2026. A studio apartment averages $2,300/mo while a 2-bedroom runs $2,830/mo. One-bedroom apartments average $2,410/mo and 3-bedroom units go for $3,550/mo.
At 21% of local median household income ($250,001/yr), University Park ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
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Is rent going up or down in University Park?
How does University Park rent compare to other cities in Texas?
At $4,326/mo, rent takes ~21% of University Park's median household income ($250,001/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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