Average Rent in Killeen, TX↑ Rents rising 3.3% YoY

Killeen, TX has rental prices ranging from $924/month to $1,968/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $930/month — 34% below the national average of $1,400/month. With a median household income of $67,203/year, spending $930/month on a 1-bedroom represents 17% of gross income — within the recommended 30% threshold.

How Killeen Compares

With an average 2-bedroom rent of $1,172/month, Killeen ranks #35 most expensive of the 220 cities tracked in Texas — pricier than 80% of all US cities in our data.

The Killeen Rental Market

The Killeen, TX area has a population of about 485,850 and 42% of households renting rather than owning. That renter share runs above the US average of ~34%, pointing to a competitive rental market where vacancies clear quickly and rents are less negotiable.

Rent Trends

2-bedroom rents in Killeen, TX have risen by $37/month (3.3%) over the past year, from $1,135 to $1,172. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Killeen, TX without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $37,200. The local median household income of $67,203 exceeds that threshold by $30,003, making Killeen relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Killeen, TX is $221,099, giving a price-to-rent ratio of 15.7. With a break-even horizon of approximately 16 years, renting is likely the more financially prudent option for most residents unless they plan to stay long-term.

Neighborhoods

Home values — and by extension rent levels — vary significantly across Killeen's neighborhoods. Among the highest-value areas are Rolling Acres ($95,014 median home value), Highview ($104,138 median home value), Castle Heights ($113,609 median home value). Rental prices typically follow home value patterns, with premium neighborhoods commanding higher rents than outer areas. Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.

Is Killeen, TX Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Killeen?

Break-even analysis and mortgage estimates based on local market data.

Living in Killeen

Cost of living, job market, crime rates, and moving cost estimates.