$800
Total Monthly Price
- Studio
- 1 Bath
- 300 Sq Ft
- House for Rent
2045 Fm 1245 W, Groesbeck, TX 76642
Get away from the hustle and bustle. This beautiful home is close to downtown and all eateries and convenience stores but secluded.
Frequently Asked Questions
How much does it cost to rent a home in Groesbeck, TX?
The median rent for a home in Groesbeck, TX is $987 per month, though prices vary by neighborhood, size, and property type. As of July 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 Groesbeck, TX?
To comfortably afford the median rent in Groesbeck, TX, a household needs to earn roughly $39,480 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 $987 per month in Groesbeck, TX, renters typically need to show $2,961 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 Groesbeck, TX?
In Groesbeck, TX, the price-to-rent ratio is 11.2, 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.
