$575 Per Month
- 1 Bed
- 1 Bath
- 6,640 Sq Ft
- Apartment for Rent
2904 Lake Rd, Killeen, TX 76543
2904 Lake Rd, Killeen, TX 76543
Frequently Asked Questions
How much does it cost to rent a home in Killeen, TX?
The median rent for a home in Killeen, TX is $1,125 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Killeen, TX?
To comfortably afford the median rent in Killeen, TX, a household needs to earn roughly $45,000 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 $1,125 per month in Killeen, TX, renters typically need to show $3,375 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 Killeen, TX?
In Killeen, TX, the price-to-rent ratio is 22.8, 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 Killeen, TX are best for renting a home?
The best neighborhood for renting in Killeen, TX depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include North Belton, West Temple, South Temple and Morgan's Point Resort, each with its own character and price range.
