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City · 5,795 residents · El Paso County, Texas

Homestead Meadows North , Texas

In Homestead Meadows North, a typical home is worth $192,800 and typical rent is $865 a month. Compared with all of El Paso County, typical rent is 20% lower, the typical home value is 7% higher, and the share of households that own their home is 22 points higher.

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  • Typical home value

    $192,800

    7% above the county

    32% below Texas

    • Homestead Meadows North
    • El Paso
    • Texas

  • Typical rent

    $865a month

    20% below the county

    38% below Texas

    • Homestead Meadows North
    • El Paso
    • Texas

  • Typical household income

    $63,088a year

    5% above the county

    20% below Texas

    • Homestead Meadows North
    • El Paso
    • Texas

  • Households that own their home

    87%

    22 points above the county

    24 points above Texas

    • Homestead Meadows North
    • El Paso
    • Texas

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

Homestead Meadows North is in El Paso 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 El Paso County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Homestead Meadows North apart

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

  1. 87% of households in Homestead Meadows North own their home, against 64% in El Paso County.

  2. Nearby, in Socorro, the typical home value is $144,500: 25% less than in Homestead Meadows North ($192,800).

  3. The typical rent in Homestead Meadows North is $865 a month, 20% less than in El Paso County as a whole ($1,079).

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

The homes here

Housing in Homestead Meadows North

What homes there are in Homestead Meadows North, 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 still the most common home in Homestead Meadows North, but it weighs less than in El Paso County: 59% against 68%.

Mobile homes are 35% of homes in Homestead Meadows North, more than in El Paso County (5%).

Year built

The typical home in Homestead Meadows North was built in 1996, 8 years after the typical one in El Paso County.

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

$2,197 a month

El Paso County: $1,601 a month

Without a mortgage

$498 a month

El Paso County: $553 a month

Owning costs more in Homestead Meadows North: with a mortgage, the typical cost is $2,197 a month; in El Paso County, $1,601. Without one, $498.

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

Since 2015–2019, homes in Homestead Meadows North gained value faster than in El Paso County: 87% against 49%.

Rent in Homestead Meadows North moved so little since 2015–2019 that the Census cannot say whether it rose or fell.

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

MeasureHomestead Meadows NorthEl Paso CountyTexasUnited States
Rental vacancy Unreliable estimate6.4%7.7%5.5%
Homeowner vacancy Unreliable estimate1.1%1.1%0.9%
More than one person per room Unreliable estimate5.3%4.8%3.4%
People per household 3.632.862.692.53
Drive alone 65%75%71%69%
Carpool Unreliable estimate12%10%9%
Public transit Unreliable estimate1%1%3%
Walk or bike Unreliable estimate2%2%3%
Work from home Unreliable estimate9%14%15%
Other means Unreliable estimate2%2%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

Households in Homestead Meadows North are bigger: 3.63 people on average; in El Paso County, 2.86.

To get to work, 65% of workers in Homestead Meadows North drive alone; in El Paso County, 75%.

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 Homestead Meadows North?

A typical home is within reach of the typical income

We start with a typical home in Homestead Meadows North, worth $192,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 28% of the typical household income in Homestead Meadows North, which is $63,088 a year.

The calculator's FHA and conventional loan limits are those of all of El Paso County.

Your numbers

Local data
$

Starts at the typical home value in Homestead Meadows North. 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 $6,748 (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

$1,774

at 7.18% · 30 years

Loan amount
$189,308
Total interest
$272,370
Paid off in
November 2056

Includes $3,256 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,472 a month

  • Tight

    $1,472 to $1,893 a month

    Your payment · 34%

  • Hard

    more than $1,893 a month

Compared with the typical household income in Homestead Meadows North ($63,088 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,774
Principal & interest$1,282
Property tax$326
Home insurance$80
FHA mortgage insurance (MIP)$85

You need at least $6,748 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

Homestead Meadows North and El Paso County

Homestead Meadows North is in El Paso 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).

Homestead Meadows North's own numbers

Typical home value
$192,800
Typical monthly rent
$865
Typical yearly household income
$63,088
Households that own their home
87%

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

Numbers for all of El Paso County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,146
Price change over 5 years (FHFA)
+57%

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 El Paso County.

Everything about El Paso County

Buying

Buying a home in Homestead Meadows North

A typical home in Homestead Meadows North is worth $192,800: 7% above the county and 32% below Texas. With the typical household income in Homestead Meadows North ($63,088 a year), a typical home costs 3.1 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.

  • Homestead Meadows North 3.1 years
  • El Paso 3.0 years
  • Texas 3.6 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in El Paso County

According to FHFA’s house price index, home prices in El Paso County rose 81% in the 10 years through 2025.

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

Period County Texas U.S.
Last year (2025) +2.9% +0.8% +2.9%
5 years (2020–2025) +57% +44% +47%
10 years (2015–2025) +81% +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

Homestead Meadows North next to El Paso 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
  • Homestead Meadows North $192,800
  • El Paso $180,400
  • Texas $283,800
  • United States $332,700
Typical monthly rent
  • Homestead Meadows North $865
  • El Paso $1,079
  • Texas $1,403
  • United States $1,413
Typical yearly household income
  • Homestead Meadows North $63,088
  • El Paso $59,806
  • Texas $78,476
  • United States $80,734
See the full table
Homestead Meadows North next to El Paso County and Texas
Measure Homestead Meadows North El Paso County Texas U.S.
Typical home value $192,800 $180,400 $283,800 $332,700
Typical monthly rent $865 $1,079 $1,403 $1,413
Typical yearly household income $63,088 $59,806 $78,476 $80,734
Households that own their home 87% 64% 63% 65%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below El Paso 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 Homestead Meadows North

For a typical $192,800 home in Homestead Meadows North, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, an example home insurance and mortgage insurance when it applies. It leaves out property tax because the Census Bureau doesn't publish Homestead Meadows North's rate.

  • FHA, 3.5% down $1,448a month

    Least cash to close
    Down payment
    $6,748
    Cash to close
    $12,532
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $85

  • Conventional, 5% down $1,413a month

    Down payment
    $9,640
    Cash to close
    $15,424
    Rate
    7.18%
    Mortgage insurance
    PMI · $92

  • Conventional, 20% down, no PMI $1,125a month

    Down payment
    $38,560
    Cash to close
    $44,344
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,303a month

    Down payment
    $28,920
    Cash to close
    $34,704
    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 Homestead Meadows North and for El Paso County.

Property tax

Data not available for this place

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

Exemptions and deadlines in Texas

Flood risk in El Paso County

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

FEMA’s maps count no homes in the high-risk zone in El Paso 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 Homestead Meadows North

Typical rent in Homestead Meadows North is $865 a month: 20% below the county.

HUD publishes a fair market rent for all of El Paso County, by unit size. To pay the 2-bedroom one ($1,146 a month) without spending more than 30% of your income, you would need to earn $22.04 an hour working full time.

HUD fair market rent for all of El Paso 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 $798 $15.35 $31,920
1 bedroom $969 $18.63 $38,760
2 bedrooms $1,146 $22.04 $45,840
3 bedrooms $1,559 $29.98 $62,360
4 bedrooms $1,915 $36.83 $76,600

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 Homestead Meadows North

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Homestead Meadows North is in ZIP code 79938.

For 2 bedrooms it is $1,490: $344 more than the fair market rent for El Paso County ($1,146).

  • 79938 $1,490$2,030

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Homestead Meadows North 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?

Free help

Help to buy or rent in Homestead Meadows North

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.

There are 3 HUD-approved agencies with an office in El Paso County; 3 say they serve in Spanish.

A man shakes hands with the specialist who helped him with his loan, in the kitchen of his new home.

HUD counseling is free or low-cost

Assistance programs in Homestead Meadows North

No down payment, repair or rent-help program on our list is for Homestead Meadows North or El Paso County. The ones below are statewide in Texas: they work in Homestead Meadows North 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 Homestead Meadows North

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

  • Gecu Federal Credit Union

    6801 Viscount Blvd, El Paso · 14 miles away · Spanish

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

  • El Paso Community Action Program, Project Bravo, Inc.

    2000 Texas Ave, El Paso · 18 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 7 more
    (915) 562-4100

  • Adults and Youth United Development Association Inc

    1325 Beverly Ann Dr, San Elizario · 20 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (915) 584-2875

Every agency in El Paso County All counseling agencies in Texas

Help in Spanish near Homestead Meadows North

3 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 Homestead Meadows North

HUD’s record names them for Homestead Meadows North or El Paso County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

2 other authorities have an office in El Paso County: see the list Source: HUD

Cities

Other cities in El Paso County

These cities are also in El Paso County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about El Paso County Housing in Texas

Nearby cities

The cities closest to Homestead Meadows North, with the typical home value.

Neighboring counties

If El Paso 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 Homestead Meadows North.

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

Questions

Housing questions about Homestead Meadows North

Short answers with the numbers for Homestead Meadows North and all of El Paso 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 Homestead Meadows North?

The typical home value in Homestead Meadows North is $192,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in El Paso County it is $180,400.

How much does it cost to rent in Homestead Meadows North?

Typical rent in Homestead Meadows North is $865 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in El Paso County is $1,146.

What is the FHA loan limit in Homestead Meadows North?

Homestead Meadows North uses the FHA limit for all of El Paso County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

Where can I find free help to buy or rent in Homestead Meadows North?

There are 3 HUD-approved counseling agencies with an office in El Paso County. 3 say they serve in Spanish. 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).