Some of the most affordable places to live in the country are in Texas, according to Rent.com, which evaluated the state’s cheapest places to live.
Affordability was determined based on the average rent for a one-bedroom apartment. All in all in all, rent in the state’s 190 largest cities were assessed for the study.
“We pulled our data in December 2020, and it goes back for one year,” the folks at Rent.com said of their study. “Our team uses a weighted average formula that more accurately represents price availability for each individual unit type and reduces the influence of seasonality on rent prices in specific markets.”
So what city topped the list? Greenville, the largest city in suburban Hunt County, earned the distinction as the Lone Star State’s most affordable locale. In this commuter’s paradise about an hour northeast of downtown Dallas, the average rent for a one-bedroom apartment is just $543 a month. According to Rent.com, Greenville isn’t just the cheapest place to live in Texas-- It’s the second cheapest place to live in the nation.
Here are the 20 most affordable places to live in Texas, according to Rent.com.
1. Greenville (Hunt County)
Average one-bedroom rent price: $543
Rent change in the past year: 4.14%