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City · 14,840 residents · Deaf Smith County, Texas

Hereford , Texas

In Hereford, a typical home is worth $109,700 and typical rent is $953 a month. Compared with all of Deaf Smith County, the typical home value is 10% lower and typical household income is 6% lower.

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  • Typical home value

    $109,700

    10% below the county

    61% below Texas

    • Hereford
    • Deaf Smith
    • Texas

  • Typical rent

    $953a month

    3% above the county

    32% below Texas

    • Hereford
    • Deaf Smith
    • Texas

  • Typical household income

    $56,868a year

    6% below the county

    28% below Texas

    • Hereford
    • Deaf Smith
    • Texas

  • Households that own their home

    66%

    About the same as the county

    4 points above Texas

    • Hereford
    • Deaf Smith
    • Texas

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$168,485
1.8% less than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Hereford is in Deaf Smith County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Deaf Smith County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Hereford apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Littlefield, the typical home value is $79,400: 28% less than in Hereford ($109,700).

  2. Hereford has the 22nd smallest share of rent-burdened renters of the 356 cities in Texas with more than 5,000 people (38%).

  3. Hereford has the 35th lowest typical home value of the 422 cities in Texas with more than 5,000 people ($109,700).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Hereford

What homes there are in Hereford, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house is the most common home in Hereford: 79% of homes, near the figure in Deaf Smith County (79%).

Year built

By age, homes in Hereford look like those in Deaf Smith County: the typical year built is 1970.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,388 a month

Deaf Smith County: $1,527 a month

Without a mortgage

$503 a month

Deaf Smith County: $494 a month

Owners with a mortgage

36%

Deaf Smith County: 35%

The typical cost for an owner with a mortgage in Hereford is $1,388 a month, less than in Deaf Smith County ($1,527); without one, $503.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Hereford rose 21%; in Deaf Smith County, it rose 33%.

Rents in Hereford rose faster than in Deaf Smith County: 21% since 2015–2019, against 18%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureHerefordDeaf Smith CountyTexasUnited States
Rental vacancy Unreliable estimateUnreliable estimate7.7%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate1.1%0.9%
More than one person per room 7.2%7.1%4.8%3.4%
People per household 3.003.022.692.53
Drive alone 74%76%71%69%
Carpool 18%16%10%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimateUnreliable estimate2%3%
Work from home Unreliable estimateUnreliable estimate14%15%
Other means Unreliable estimateUnreliable estimate2%2%
Typical commute 10 to 19 minutes10 to 19 minutes20 to 29 minutes20 to 29 minutes

Much as in Deaf Smith County, 7.2% of households in Hereford have more than one person per room.

By size, households in Hereford look like those in Deaf Smith County: 3.00 people on average.

The car rules in Hereford: 74% of workers drive to work alone, and the typical trip takes 10 to 19 minutes.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Hereford?

A typical home is within reach of the typical income

We start with a typical home in Hereford, worth $109,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 21% of the typical household income in Hereford, which is $56,868 a year.

The calculator's FHA and conventional loan limits are those of all of Deaf Smith County.

Your numbers

Local data
$

Starts at the typical home value in Hereford. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $3,840 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$974

at 7.18% · 30 years

Loan amount
$107,713
Total interest
$154,973
Paid off in
November 2056

Includes $1,853 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,327 a month

    Your payment · 21%

  • Tight

    $1,327 to $1,706 a month

  • Hard

    more than $1,706 a month

Compared with the typical household income in Hereford ($56,868 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$974
Principal & interest$730
Property tax$150
Home insurance$46
FHA mortgage insurance (MIP)$49

You need at least $3,840 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Hereford and Deaf Smith County

Hereford is in Deaf Smith County, Texas. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Hereford's own numbers

Typical home value
$109,700
Typical monthly rent
$953
Typical yearly household income
$56,868
Households that own their home
66%
Effective property tax rate
1.64%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Deaf Smith County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,112
Price change over 5 years (FHFA)
+43%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Deaf Smith County.

Everything about Deaf Smith County

Buying

Buying a home in Hereford

A typical home in Hereford is worth $109,700: 10% below the county and 61% below Texas. With the typical household income in Hereford ($56,868 a year), a typical home costs 1.9 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Hereford 1.9 years
  • Deaf Smith 2.0 years
  • Texas 3.6 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Deaf Smith County

According to FHFA’s house price index, home prices in Deaf Smith County rose 85% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Deaf Smith County.

Period County Texas U.S.
Last year (2025) −2.3% +0.8% +2.9%
5 years (2020–2025) +43% +44% +47%
10 years (2015–2025) +85% +88% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Hereford next to Deaf Smith County, Texas and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Hereford $109,700
  • Deaf Smith $121,300
  • Texas $283,800
  • United States $332,700
Typical monthly rent
  • Hereford $953
  • Deaf Smith $926
  • Texas $1,403
  • United States $1,413
Typical yearly household income
  • Hereford $56,868
  • Deaf Smith $60,799
  • Texas $78,476
  • United States $80,734
See the full table
Hereford next to Deaf Smith County and Texas
Measure Hereford Deaf Smith County Texas U.S.
Typical home value $109,700 $121,300 $283,800 $332,700
Typical monthly rent $953 $926 $1,403 $1,413
Typical yearly household income $56,868 $60,799 $78,476 $80,734
Households that own their home 66% 67% 63% 65%
Typical yearly property tax $1,797 $1,801 $4,232 $3,119
Effective property tax rate 1.64% 1.48% 1.49% 0.94%
Renters with high rent for their income 38% 35% 52% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Deaf Smith County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Hereford

For a typical $109,700 home in Hereford, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Hereford's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $974a month

    Least cash to close
    Down payment
    $3,840
    Cash to close
    $7,131
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $49

  • Conventional, 5% down $954a month

    Down payment
    $5,485
    Cash to close
    $8,776
    Rate
    7.18%
    Mortgage insurance
    PMI · $52

  • Conventional, 20% down, no PMI $790a month

    Down payment
    $21,940
    Cash to close
    $25,231
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $892a month

    Down payment
    $16,455
    Cash to close
    $19,746
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Hereford and for Deaf Smith County.

Property tax

Effective rate in Hereford

1.64%of the home’s value each year

$1,797 a year for the typical owner in Hereford.

  • Hereford 1.64%
  • Deaf Smith 1.48%
  • Texas 1.49%

What Texas publishes School-district homestead exemption (Texas Comptroller of Public Accounts)

Exemptions and deadlines in Texas

Flood risk in Deaf Smith County

FEMA does not publish these numbers by city: they are for all of Deaf Smith County.

FEMA’s maps count no homes in the high-risk zone in Deaf Smith County. That does not mean it cannot flood: check your address.

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Hereford

Typical rent in Hereford is $953 a month: 3% above the county. In Hereford, 38% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Deaf Smith County, by unit size. To pay the 2-bedroom one ($1,112 a month) without spending more than 30% of your income, you would need to earn $21.38 an hour working full time.

HUD fair market rent for all of Deaf Smith County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $779 $14.98 $31,160
1 bedroom $885 $17.02 $35,400
2 bedrooms $1,112 $21.38 $44,480
3 bedrooms $1,369 $26.33 $54,760
4 bedrooms $1,618 $31.12 $64,720

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Hereford

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Hereford is in ZIP code 79045.

For 2 bedrooms it is $1,110: $2 less than the fair market rent for Deaf Smith County ($1,112).

  • 79045 $1,110$1,370

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Hereford when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Hereford

HUD lists 4 buildings with rents for lower incomes in Hereford. These are the largest.

  • Blue Water Garden 612 Irving St, Hereford 79045 132 low-income homes · For families (806) 364-6661
  • Tierra Blanca Apts 700 S Avenue K, Hereford 79045 76 homes, 73 low-income · 1 bd: 16 · 2 bd: 32 · 3 bd: 28 · In service since 2007
  • Central Place 402 W 4th St, Hereford 79045 32 low-income homes · 1 bd: 4 · 2 bd: 16 · 3 bd: 12 · In service since 2007
  • Hereford Seniors Community 401 Jack Griffin Dr, Hereford 79045 28 low-income homes · 1 bd: 28 · In service since 1995

See all 4 buildings in Deaf Smith County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Hereford

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Deaf Smith County. The nearest ones are below; many serve by phone or online.

A man leans over the armchair where a girl is reading a book.

HUD counseling is free or low-cost

Assistance programs in Hereford

No down payment, repair or rent-help program on our list is for Hereford or Deaf Smith County. The ones below are statewide in Texas: they work in Hereford the same as in the rest of the state.

Which programs do I qualify for? All programs in Texas

  • My First Texas Home

    Statewide in Texas

    Texas state program for first-time buyers: a 30-year mortgage with down payment assistance. Offered by Texas Department of Housing and Community Affairs (TDHCA).

    DeferredForgivable

    See the program Official page

  • My Choice Texas Home

    Statewide in Texas

    Texas state program with down payment assistance for any buyer, not only first-time buyers. Offered by Texas Department of Housing and Community Affairs (TDHCA).

    DeferredForgivable

    See the program Official page

  • Texas Mortgage Credit Certificate (MCC)

    Statewide in Texas

    Limited funds remain, per the source

    Texas state certificate that turns part of your mortgage interest into a credit on your federal tax return. Offered by Texas Department of Housing and Community Affairs (TDHCA).

    Tax credit

    See the program Official page

Housing counselors near Hereford

The HUD-approved agencies closest to the center of Hereford, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Midland Community Development Corp

    208 S Marienfeld St, Midland · 196 miles away · Spanish

    • Budget and financial counseling
    • Budget and credit workshops
    • and 2 more
    (432) 682-2520

  • Odessa Affordable Housing, Inc.

    3801 N Dixie Blvd, Odessa · 203 miles away

    • Pre-purchase counseling
    • Homebuyer education workshops
    (432) 362-2349

  • Gecu Federal Credit Union

    6801 Viscount Blvd, El Paso · 312 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    (915) 774-2160

All counseling agencies in Texas

Help in Spanish near Hereford

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Hereford

HUD lists no housing authority with an office in Deaf Smith County. One in a neighboring county or the state’s may serve the area.

All housing agencies in Texas Source: HUD

Cities

Nearby cities

The cities closest to Hereford, with the typical home value.

Everything about Deaf Smith County Housing in Texas

Neighboring counties

If Deaf Smith County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Hereford.

All guides
A father smiles as he carries his baby on his shoulders outdoors.

Questions

Housing questions about Hereford

Short answers with the numbers for Hereford and all of Deaf Smith County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Hereford?

The typical home value in Hereford is $109,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Deaf Smith County it is $121,300.

How much does it cost to rent in Hereford?

Typical rent in Hereford is $953 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Deaf Smith County is $1,112.

What is the FHA loan limit in Hereford?

Hereford uses the FHA limit for all of Deaf Smith County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Hereford?

The typical homeowner in Hereford pays $1,797 a year, according to the U.S. Census Bureau. That is 1.64% of the home’s value; in Deaf Smith County, the rate is 1.48%.

Where can I find free help to buy or rent in Hereford?

We found no HUD-approved counseling agencies with an office in Deaf Smith County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).