$2,499 Per Month
- 3 Beds
- 2 Baths
- 1,692 Sq Ft
- House for Rent
920 Elk Ridge Run, Godley, TX 76044
920 Elk Ridge Run, Godley, TX 76044
Frequently Asked Questions
How much does it cost to rent a single-family home in Godley, TX?
The median rent for a single-family home in Godley, TX is $2,450 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Godley, TX?
To comfortably afford the median rent in Godley, TX, a household needs to earn roughly $94,000 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 $2,350 per month in Godley, TX, renters typically need to show $7,050 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 Godley, TX?
In Godley, TX, the price-to-rent ratio is 13.5, 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 Godley, TX are best for renting a single-family home?
The best neighborhood for renting in Godley, TX depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a single-family home include Primrose Crossing, Ventana, Far South Fort Worth, Wedgwood and Candleridge, each with its own character and price range.
