$1,500 Per Month
- 3 Beds
- 1 Bath
- 1,276 Sq Ft
- Three
501-501 1 2 Ash St Unit 501 ASH, Merkel, TX 79536
Owner, Agent.
Frequently Asked Questions
How much does it cost to rent a condo in Merkel, TX?
The median rent for a condo in Merkel, TX is $900 per month, though prices vary by neighborhood, size, and property type. As of August 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 Merkel, TX?
To comfortably afford the median rent in Merkel, TX, a household needs to earn roughly $65,880 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 $1,647 per month in Merkel, TX, renters typically need to show $4,941 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 Merkel, TX?
In Merkel, TX, the price-to-rent ratio is 11.3, 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.
