Panhandle, TX House for Rent

The median rent for a single-family home in Panhandle, TX is $878 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option.

To comfortably afford the median rent in Panhandle, TX, a household needs to earn roughly $35,120 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 $878 per month in Panhandle, TX, renters typically need to show $2,634 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.