$2,499 Per Month
- 3 Beds
- 2 Baths
- 1,145 Sq Ft
- House for Rent
504 Colorado St, Abilene, TX 79601
504 Colorado St, Abilene, TX 79601
Frequently Asked Questions
How much does it cost to rent a single-family home in Abilene, TX?
The median rent for a single-family home in Abilene, TX is $2,000 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Abilene, TX?
To comfortably afford the median rent in Abilene, TX, a household needs to earn roughly $103,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,595 per month in Abilene, TX, renters typically need to show $7,785 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Abilene, TX?
In Abilene, TX, the price-to-rent ratio is 8.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Abilene, TX are best for renting a single-family home?
The best neighborhood for renting in Abilene, TX depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a single-family home include Sears Park, Westwood Richland, Abilene Heights, Red Bud Area and Dyess Air Force Base, each with its own character and price range.
