ZIP Code · TX

ZIP 75165

Pop. 53,513·Ellis County·195th most expensive ZIP in Texas
Median rent (all units)
$1,787/mo
Year-over-Year
+2.8%
Month-over-Month
+0.7%
vs US Median
-$145
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 75165 · $1,787
More affordable than 52% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,480
1 BR
$1,540
2 BR
$1,810
3 BR
$2,280
4 BR+
$2,900
Research median
$1,810/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

December. Asking rents in ZIP 75165 usually run 0.7% below trend in December and 0.4% above it in May, about $20 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 75165 is at its highest level since Zillow's records here began in January 2021.

Past year vs. the rest of Texas

Rent in ZIP 75165 changed +2.8% over the year to September 2026. Across the 629 Texas ZIP codes Zillow tracks, the typical change was +1.2%.

Recent direction

Rent has risen 3 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($86,391) is $2,160 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,810); a 3-bedroom is $2,280.

From Zillow's monthly rent index (ZORI) for ZIP 75165. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$21,444/yr
At $1,787/mo median
Location
StateTX
CountyEllis County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.8% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.8% YoY, +0.7% MoM), not inventory.
Demographics

Who lives here

ZIP 75165 (Waxahachie, TX) is majority owner-occupied, has a large share of families with children, 30.8% of residents hold a bachelor's degree or higher.

Population
53,513
Median income
$86,391
Median age
34.9
Renters
34%
Age distribution
25.2%
24.9%
25.5%
13.6%
Under 1825.2%
18–3424.9%
35–5425.5%
55–6410.7%
65+13.6%
Gender
47.7%
52.3%
Male47.7%
Female52.3%
Race & ethnicity
60.1%
15.1%
26.7%
White60.1%
Black15.1%
Hispanic26.7%
Asian0.7%
Education (25+)
26.3%
32.9%
30.8%
No HS diploma10%
HS diploma26.3%
Some college32.9%
Bachelor's+30.8%
Housing tenure
66%
34%
Owner66%
Renter34%

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

2021 vs 2026

How ZIP 75165 in Waxahachie, TX has changed in 5 years

Rent
$1,416 → $1,787
up 26.2%
Income
$78,254 → $86,391
up 10.4%
Population
47,183 → 53,513
up 13.4%
Renter share
36.4% → 34%
-2.4 pts
Bachelor's+
24.3% → 30.8%
+6.5 pts
Median age
34 → 34.9
+0.9 yrs

Rent in ZIP 75165 in Waxahachie, TX has increased 26.2% since 2021, going from about $1,416 per month to roughly $1,787 today. Local incomes tracked alongside that move, going from a median of $78,254 in 2021 to $86,391 more recently. Rent outpaced income growth by roughly 15.8 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 47,183 to 53,513 between 2021 and 2024, a 13.4% change. About 34% of households rent today, against 36.4% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 24.3% to 30.8%. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 75165 in Waxahachie, TX market of 2021.

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About renting in ZIP 75165

Last updated: October 17, 2026

ZIP code 75165 covers Waxahachie, TX. The median rent here is $1,787/mo as of October 2026. A 1-bedroom rents for a median of $1,540/mo. A 2-bedroom rents for a median of $1,810/mo.

At 25% of local median household income ($86,391/yr), ZIP 75165 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.8% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 75165?

To keep rent at or below 30% of gross income, you would need to earn at least $71,000/year (about $34/hour full-time) to afford the median rent of $1,787/mo in ZIP 75165. The local median household income is $86,391/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 75165?

Rent in ZIP 75165 has risen 2.8% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2021.

When is the cheapest time to rent in ZIP 75165?

Asking rents in ZIP 75165 are usually lowest in December, about 0.7% below their yearly trend, and highest in May, about 0.4% above it. At today's median that is a gap of roughly $20 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 75165 compare to other ZIPs in Texas?

ZIP 75165 is one of the pricier among Texas ZIP codes for rent, ranking #195 of 693 at $1,787/mo. Over the year to September 2026, rent in ZIP 75165 changed +2.8%, against a typical +1.2% across the 629 Texas ZIP codes Zillow tracks.

How does ZIP 75165 compare to the rest of Waxahachie?

At $1,787/mo, ZIP 75165 is $7 above the Waxahachie citywide median of $1,780/mo.
Income Affordability
25%
AFFORDABLE

At $1,787/mo, rent takes ~25% of ZIP 75165's median household income ($86,391/yr). The standard benchmark is 30%.

ZIP 75165 25%Benchmark 30%
State income taxNone
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