Newest Homes for Rent in Panhandle, TX

The median rent for a home in Panhandle, TX is $1,100 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option.

To comfortably afford the median rent in Panhandle, TX, a household needs to earn roughly $44,000 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 $1,100 per month in Panhandle, TX, renters typically need to show $3,300 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.