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City · 5,689 residents · Winkler County, Texas

Kermit , Texas

In Kermit, a typical home is worth $151,600 and typical rent is $1,071 a month. Compared with all of Winkler County, typical household income is 7% lower.

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  • Typical home value

    $151,600

    2% above the county

    47% below Texas

    • Kermit
    • Winkler
    • Texas

  • Typical rent

    $1,071a month

    3% above the county

    24% below Texas

    • Kermit
    • Winkler
    • Texas

  • Typical household income

    $81,170a year

    7% below the county

    3% above Texas

    • Kermit
    • Winkler
    • Texas

  • Households that own their home

    85%

    1 points below the county

    22 points above Texas

    • Kermit
    • Winkler
    • Texas

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

Market now, with Zillow data

Zillow data
Typical home value
$142,619
13.7% more than 12 months ago

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

Kermit is in Winkler 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 Winkler County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Kermit apart

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

  1. According to Zillow, in the 12 months to September 2026 the typical home value in Kermit rose 13.7%; in Texas, it fell 1.4%.

  2. Nearby, in Town of Pecos, the typical home value is $117,300: 23% less than in Kermit ($151,600).

Sources: Zillow (September 2026 data); U.S. Census Bureau (Average 2020–2024). Zillow data

The homes here

Housing in Kermit

What homes there are in Kermit, 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 Kermit: 84% of homes, near the figure in Winkler County (82%).

Year built

The typical year built in Kermit is 1968, about the same as in Winkler County (1968).

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

$1,385 a month

Winkler County: $1,438 a month

Without a mortgage

$506 a month

Winkler County: $500 a month

Owners with a mortgage

24%

Winkler County: 26%

In Kermit, 24% of owners have a mortgage; their typical cost is $1,385 a month, about the same as in Winkler County.

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 Kermit rose 154%; in Winkler County, it rose 136%.

Rents in Kermit rose at about the same pace as in Winkler County: 25% since 2015–2019, against 24%.

While home values in Kermit changed +154% and rent +25%, the typical household income rose 50%.

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

MeasureKermitWinkler CountyTexasUnited States
Rental vacancy Unreliable estimateUnreliable estimate7.7%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate1.1%0.9%
More than one person per room Unreliable estimateUnreliable estimate4.8%3.4%
People per household 2.662.662.692.53
Drive alone 86%86%71%69%
Carpool 9%9%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 Unreliable estimateUnreliable estimate20 to 29 minutes20 to 29 minutes

Much as in Winkler County, a household in Kermit has 2.66 people on average.

To get to work, 86% of workers in Kermit drive alone; in Winkler County, 86%.

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 Kermit?

A typical home is within reach of the typical income

We start with a typical home in Kermit, worth $151,600, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 18% of the typical household income in Kermit, which is $81,170 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Kermit. 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 $5,306 (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

$1,235

at 7.18% · 30 years

Loan amount
$148,854
Total interest
$214,166
Paid off in
November 2056

Includes $2,560 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,894 a month

    Your payment · 18%

  • Tight

    $1,894 to $2,435 a month

  • Hard

    more than $2,435 a month

Compared with the typical household income in Kermit ($81,170 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,235
Principal & interest$1,008
Property tax$96
Home insurance$63
FHA mortgage insurance (MIP)$67

You need at least $5,306 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

Kermit and Winkler County

Kermit is in Winkler 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).

Kermit's own numbers

Typical home value
$151,600
Typical monthly rent
$1,071
Typical yearly household income
$81,170
Households that own their home
85%
Effective property tax rate
0.76%

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

Numbers for all of Winkler County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,109

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 Winkler County.

Everything about Winkler County

Buying

Buying a home in Kermit

A typical home in Kermit is worth $151,600: 2% above the county and 47% below Texas. With the typical household income in Kermit ($81,170 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.

  • Kermit 1.9 years
  • Winkler 1.7 years
  • Texas 3.6 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Texas

According to FHFA’s house price index, home prices in Texas rose 88% in the 10 years through 2025.

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

Kermit next to Winkler 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
  • Kermit $151,600
  • Winkler $148,200
  • Texas $283,800
  • United States $332,700
Typical monthly rent
  • Kermit $1,071
  • Winkler $1,037
  • Texas $1,403
  • United States $1,413
Typical yearly household income
  • Kermit $81,170
  • Winkler $86,900
  • Texas $78,476
  • United States $80,734
See the full table
Kermit next to Winkler County and Texas
Measure Kermit Winkler County Texas U.S.
Typical home value $151,600 $148,200 $283,800 $332,700
Typical monthly rent $1,071 $1,037 $1,403 $1,413
Typical yearly household income $81,170 $86,900 $78,476 $80,734
Households that own their home 85% 86% 63% 65%
Typical yearly property tax $1,156 $1,119 $4,232 $3,119
Effective property tax rate 0.76% 0.76% 1.49% 0.94%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Winkler 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 Kermit

For a typical $151,600 home in Kermit, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Kermit's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,235a month

    Least cash to close
    Down payment
    $5,306
    Cash to close
    $9,854
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $67

  • Conventional, 5% down $1,207a month

    Down payment
    $7,580
    Cash to close
    $12,128
    Rate
    7.18%
    Mortgage insurance
    PMI · $72

  • Conventional, 20% down, no PMI $981a month

    Down payment
    $30,320
    Cash to close
    $34,868
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,121a month

    Down payment
    $22,740
    Cash to close
    $27,288
    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 Kermit and for Winkler County.

Property tax

Effective rate in Kermit

0.76%of the home’s value each year

$1,156 a year for the typical owner in Kermit.

  • Kermit 0.76%
  • Winkler 0.76%
  • Texas 1.49%

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

Exemptions and deadlines in Texas

Flood risk in Winkler County

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

FEMA’s maps count no homes in the high-risk zone in Winkler 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 Kermit

Typical rent in Kermit is $1,071 a month: 3% above the county.

HUD publishes a fair market rent for all of Winkler County, by unit size. To pay the 2-bedroom one ($1,109 a month) without spending more than 30% of your income, you would need to earn $21.33 an hour working full time.

HUD fair market rent for all of Winkler 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 $843 $16.21 $33,720
1 bedroom $883 $16.98 $35,320
2 bedrooms $1,109 $21.33 $44,360
3 bedrooms $1,322 $25.42 $52,880
4 bedrooms $1,597 $30.71 $63,880

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 Kermit

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Kermit is in ZIP code 79745.

For 2 bedrooms it is $1,120: $11 more than the fair market rent for Winkler County ($1,109).

  • 79745 $1,120$1,340

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

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 Winkler 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 Kermit

No down payment, repair or rent-help program on our list is for Kermit or Winkler County. The ones below are statewide in Texas: they work in Kermit 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 Kermit

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

  • Odessa Affordable Housing, Inc.

    3801 N Dixie Blvd, Odessa · 42 miles away

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

  • Midland Community Development Corp

    208 S Marienfeld St, Midland · 60 miles away · Spanish

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

  • Adults and Youth United Development Association Inc

    1325 Beverly Ann Dr, San Elizario · 188 miles away · Spanish

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

All counseling agencies in Texas

Help in Spanish near Kermit

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 Kermit

In HUD’s record, no housing authority with an office in Winkler County is named for Kermit or Winkler County.

One other authority has an office in Winkler County: see the list Source: HUD

Cities

Other cities in Winkler County

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

Everything about Winkler County Housing in Texas

Nearby cities

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

Neighboring counties

If Winkler 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 Kermit.

All guides
Three women of one family talk as they cook vegetables in the kitchen.

Questions

Housing questions about Kermit

Short answers with the numbers for Kermit and all of Winkler 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 Kermit?

The typical home value in Kermit is $151,600, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Winkler County it is $148,200.

How much does it cost to rent in Kermit?

Typical rent in Kermit is $1,071 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Winkler County is $1,109.

What is the FHA loan limit in Kermit?

Kermit uses the FHA limit for all of Winkler 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 Kermit?

The typical homeowner in Kermit pays $1,156 a year, according to the U.S. Census Bureau. That is 0.76% of the home’s value; in Winkler County, the rate is 0.76%.

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

We found no HUD-approved counseling agencies with an office in Winkler 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).