$850 Per Month
- 1 Bed
- 1 Bath
- Condo for Rent
2166 Fm852 Unit A, Gilmer, TX 75644
Property Id: 1343826 Charming duplex 2 miles outside of Gilmer, Texas. This unit is one bedroom and one bathroom in the Gilmer ISD school district.
Frequently Asked Questions
How much does it cost to rent a condo in Gilmer, TX?
The median rent for a condo in Gilmer, TX is $950 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Gilmer, TX?
To comfortably afford the median rent in Gilmer, TX, a household needs to earn roughly $38,000 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 $950 per month in Gilmer, TX, renters typically need to show $2,850 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 Gilmer, TX?
In Gilmer, TX, the price-to-rent ratio is 19.7, 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.
