Average Rent in Lamb County, TX↑ Rents rising 3.1% YoY🔻 6th cheapest in TX

Lamb County, TX has rental prices ranging from $707/month to $1,550/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $711/month — 49% below the national average of $1,400/month. With a median household income of $56,997/year, spending $711/month on a 1-bedroom represents 15% of gross income — within the recommended 30% threshold.

How Lamb County Compares

With an average 2-bedroom rent of $933/month, Lamb County ranks #215 most expensive of the 220 cities tracked in Texas — more affordable than 60% of all US cities in our data.

The Lamb County Rental Market

The Lamb County, TX area has a population of about 12,919 and 28% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Lamb County, TX have risen by $28/month (3.1%) over the past year, from $905 to $933. This modest growth is consistent with broader inflationary trends seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Lamb County, TX without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $28,440. The local median household income of $56,997 exceeds that threshold by $28,557, making Lamb County relatively accessible compared to local wages.

Economy & Jobs

Lamb County, TX has an unemployment rate of 3.9%, 0.0 percentage points below the national average of 3.9%. Strong employment conditions typically sustain rental demand, as workers relocate to the area and local residents maintain stable housing.

Is Lamb County, TX Affordable?

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

Rent or Buy in Lamb County?

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

Living in Lamb County

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