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Rental Insights for ZIP Code 79013 (Cactus, TX)

Housing Rentals in ZIP Code 79013 (Cactus, TX)

79013 ZIP Code in Texas

A Comprehensive Look at Rentals in the ZIP Code 79013

The 79013 ZIP Code is primarily associated with Cactus, TX in Moore County. The median housing rent in this region or Texas is estimated at $670 per month. About 43.0% of housing units in this Moore County ZIP Code are occupied by renters, while the region has an approximate rental vacancy rate of 14.6%.

The median rent in ZIP Code 79013 of $670 per month is 36% lower than the aggregate Texas median monthly rent of $1,045, and is 37% lower than the $1,062 the median monthly rent in the U.S. overall. Approximately 94.5% of renters in ZIP Code 79013 pay between $500 and $999 per month for housing. That is 139% higher than in Texas overall, in which 39.6% of total state residents pay between $500 and $999 per month for housing. Just 5.5% of renters in this Cactus, TX region pay between $1,000 and $1,499 per month for rent.

ZIP Code 79013 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 79013

See the chart below for a comparison of monthly rental costs in ZIP Code 79013, Texas, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 79013 along with those in the state of Texas and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 79013

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 79013 Texas U.S.
Less than $500 0.0% 6.6% 9.4%
$500 to $999 94.5% 39.6% 36.2%
$1,000 to $1,499 5.5% 35.0% 30.0%
$1,500 to $1,999 0.0% 13.3% 14.0%
$2,000 to $2,499 0.0% 3.5% 5.6%
$2,500 to $2,999 0.0% 1.1% 2.4%
$3,000 or more 0.0% 0.9% 2.4%

Rent Cost vs. Income in ZIP Code 79013

Renters in ZIP Code 79013 use an estimated 25.18% of their income to cover their monthly rent payments. That is about 14% lower than in Texas overall. The estimate for Texas overall is 29.37% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 79013 renters use about 16% less of their income to cover rent expense. Household income figures for ZIP Code 79013 come in lower than in Texas as a whole. The median annual household income in ZIP Code 79013 of $47,805 sits approximately 23% lower than the overall Texas median income of $61,874 and approximately 24% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 79013

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 79013, Texas, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 79013 along with the same calculations in the state of Texas and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 79013

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 79013 Texas U.S.
Less than 15.0 percent 7.8% 13.2% 13.1%
15.0 to 19.9 percent 27.3% 13.6% 12.9%
20.0 to 24.9 percent 28.5% 13.6% 12.9%
25.0 to 29.9 percent 10.0% 11.8% 11.6%
30.0 to 34.9 percent 8.0% 9.1% 9.1%
35.0 percent or more 18.5% 38.6% 40.5%

Household Income in ZIP Code 79013

See the table below for the regional comparison of annual household income in ZIP Code 79013.

Income ZIP 79013 Texas U.S.
Less than $10,000 8.4% 6.1% 6.0%
$10,000 to $14,999 4.2% 4.0% 4.3%
$15,000 to $24,999 6.3% 8.9% 8.9%
$25,000 to $34,999 19.9% 9.3% 8.9%
$35,000 to $49,999 22.1% 12.5% 12.3%
$50,000 to $74,999 27.3% 17.6% 17.2%
$75,000 to $99,999 7.2% 12.5% 12.7%
$100,000 to $149,999 1.3% 15.0% 15.1%
$150,000 to $199,999 1.5% 6.7% 6.8%
$200,000 or more 1.8% 7.4% 7.7%

Household Income in ZIP Code 79013

See the chart below for a comparison of annual household income figures in ZIP Code 79013, Texas, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 79013 alongside the same figures for the state of Texas and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 79013

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 79013.

ZIP 79013 Texas U.S.
Median Housing Rent $670 $1,045 $1,062
Renter-Occupied Housing Units 43.0% 38.0% 36.0%
Rental Vacancy Rate 14.6% 7.8% 6.0%
Average Size of Renter-Occupied Unit 3.55 2.63 2.49
Average # of Bedrooms Per Unit 2.59 2.75 2.75
Percent of Income Spent on Rent 25.18% 29.37% 29.83%
Per Capita Income $14,907 $31,277 $34,103
Median Household Income $49,375 $87,260 $88,607
Living Below the Poverty Line 14.2% 11.3% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 79013

In ZIP Code 79013 (Cactus, TX), and estimated 43.0% of housing units are occupied by renters. This region has an approximate rental vacany rate of 14.6%.

The per capita income in 79013 is estimated at $14,907, which goes along with an estimated median household income of $49,375. About 14.2% of residents in this Moore County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 3.55 occupants, while the units have an aggregate average size of 2.59 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 25.18% of their income on housing rental costs.

Rental FAQs for ZIP Code 79013

1

What is the median monthly rent in ZIP Code 79013?

Median rent for housing in ZIP Code 79013 in Moore County in Texas is approximately $670 per month.
2

Is it expensive to rent in ZIP Code 79013?

Rent in ZIP Code 79013 is lower than average in the state of Texas overall. The median monthly rent of $670 in ZIP Code 79013 is approximately 36% lower than the Texas median of $1,045. Additionally, median rent in this Cactus, TX region ($670) is about 37% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 79013?

High-priced rentals are not common in the Cactus, TX ZIP Code of 79013, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of Texas overall, approximately 0.9% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 79013?

Affordable rentals are more common in ZIP Code 79013 than in Texas overall. The percentage of housing rentals in ZIP Code 79013 costing $999 or less per month (94.5%) is approximately 105% higher than the Texas rate of 46.2% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 107% lower than the previously mentioned 79013 rate of 94.5%.
5

What is the most common cost range that rentals fall into in ZIP Code 79013?

The most common range for rental cost in ZIP Code 79013 is between $500 and $999 per month. About 94.5% of renters in 79013 pay in this range for monthly rent. In comparison, approximately 39.6% of renters in the state of Texas fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 79013 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 79013 is higher than the rental vacancy rate in the state of Texas overall. Rental vacancy of 14.6% in ZIP Code 79013 is about 87% higher than the Texas rate of 7.8%. Looking more broadly, rental vacancy in this Cactus, TX region (14.6%) is an estimated 143% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 79013? How does it compare to other Texas regions?

Median household income in ZIP Code 79013 is lower than in the state of Texas overall. Annual household income of $47,805 in ZIP Code 79013 is about 23% lower than the Texas median of $61,874. Additionally, median household income in this Cactus, TX region ($47,805) is approximately 24% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 79013 spend on housing costs?

Renters in ZIP Code 79013 spend a lower amount of their income on rent costs than do renters in Texas overall. Renters in ZIP Code 79013 spend an estimated 25.18% of their income on rent payments, which is about 14% lower than the overall Texas estimated rate of 29.37%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 16% higher than the ZIP Code 79013 estimated rate of 25.18%.
9

Do renters in ZIP Code 79013 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 79013 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 79013 spending 30 percent or more of their income on rent costs (26.5%) is approximately 44% lower than the Texas rate of 47.7% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 47% higher than the aforementioned 79013 rate of 26.5%.
10

What is the average household size of renter-occupied units in ZIP Code 79013?

The average household size of renter-occupied units in ZIP Code 79013 is higher than in the state of Texas overall. Annual household size of 3.55 in ZIP Code 79013 is about 35% higher than the Texas median of 2.63. Additionally, median household size in this Cactus, TX region (3.55) is approximately 43% higher than median household size of 2.49 in the U.S. as a whole.