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City · 8,393 residents · Dawson County, Texas

Lamesa , Texas

In Lamesa, a typical home is worth $95,000 and typical rent is $813 a month. Compared with all of Dawson County, typical household income is 10% lower and the typical home value is 8% lower.

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  • Typical home value

    $95,000

    8% below the county

    67% below Texas

    • Lamesa
    • Dawson
    • Texas

  • Typical rent

    $813a month

    5% above the county

    42% below Texas

    • Lamesa
    • Dawson
    • Texas

  • Typical household income

    $49,007a year

    10% below the county

    38% below Texas

    • Lamesa
    • Dawson
    • Texas

  • Households that own their home

    69%

    1 points below the county

    7 points above Texas

    • Lamesa
    • Dawson
    • Texas

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

Market now, with Zillow data

Zillow data
Typical home value
$112,387
6% more than 12 months ago

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

Lamesa is in Dawson 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 Dawson County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Lamesa 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 Lamesa rose 6%; in Texas, it fell 1.4%.

  2. Lamesa has the 18th lowest typical home value of the 422 cities in Texas with more than 5,000 people ($95,000).

  3. Lamesa has the 20th lowest typical rent of the 413 cities in Texas with more than 5,000 people ($813).

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

The homes here

Housing in Lamesa

What homes there are in Lamesa, 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

As in Dawson County, most homes in Lamesa are detached houses (89%).

Year built

By age, homes in Lamesa look like those in Dawson County: the typical year built is 1963.

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

$1,401 a month

Dawson County: $1,412 a month

Without a mortgage

$454 a month

Dawson County: $465 a month

Owners with a mortgage

36%

Dawson County: 36%

In Lamesa, 36% of owners have a mortgage; their typical cost is $1,401 a month, about the same as in Dawson 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 Lamesa rose 35%; in Dawson County, it rose 41%.

The typical rent in Lamesa stayed about the same over that time: the difference is within the Census margin of error.

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

MeasureLamesaDawson 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 2.432.532.692.53
Drive alone 69%68%71%69%
Carpool 22%22%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

A household in Lamesa has 2.43 people on average, about the same as in Dawson County (2.53).

In Lamesa, 69% of workers drive alone to work; in Dawson County, 68%.

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 Lamesa?

A typical home is within reach of the typical income

We start with a typical home in Lamesa, worth $95,000, 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 Lamesa, which is $49,007 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Lamesa. 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 $3,325 (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

$843

at 7.18% · 30 years

Loan amount
$93,279
Total interest
$134,207
Paid off in
November 2056

Includes $1,604 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,143 a month

    Your payment · 21%

  • Tight

    $1,143 to $1,470 a month

  • Hard

    more than $1,470 a month

Compared with the typical household income in Lamesa ($49,007 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$843
Principal & interest$632
Property tax$129
Home insurance$40
FHA mortgage insurance (MIP)$42

You need at least $3,325 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

Lamesa and Dawson County

Lamesa is in Dawson 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).

Lamesa's own numbers

Typical home value
$95,000
Typical monthly rent
$813
Typical yearly household income
$49,007
Households that own their home
69%
Effective property tax rate
1.63%

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

Numbers for all of Dawson County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,212
Price change over 5 years (FHFA)
+29%
Homes in a high flood-risk zone
1.4%

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 Dawson County.

Everything about Dawson County

Buying

Buying a home in Lamesa

A typical home in Lamesa is worth $95,000: 8% below the county and 67% below Texas. With the typical household income in Lamesa ($49,007 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.

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

How prices have changed in Dawson County

According to FHFA’s house price index, home prices in Dawson County rose 65% in the 10 years through 2025.

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

Period County Texas U.S.
Last year (2025) −2.6% +0.8% +2.9%
5 years (2020–2025) +29% +44% +47%
10 years (2015–2025) +65% +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

Lamesa next to Dawson 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
  • Lamesa $95,000
  • Dawson $103,400
  • Texas $283,800
  • United States $332,700
Typical monthly rent
  • Lamesa $813
  • Dawson $777
  • Texas $1,403
  • United States $1,413
Typical yearly household income
  • Lamesa $49,007
  • Dawson $54,360
  • Texas $78,476
  • United States $80,734
See the full table
Lamesa next to Dawson County and Texas
Measure Lamesa Dawson County Texas U.S.
Typical home value $95,000 $103,400 $283,800 $332,700
Typical monthly rent $813 $777 $1,403 $1,413
Typical yearly household income $49,007 $54,360 $78,476 $80,734
Households that own their home 69% 71% 63% 65%
Typical yearly property tax $1,551 $1,677 $4,232 $3,119
Effective property tax rate 1.63% 1.62% 1.49% 0.94%
Renters with high rent for their income 51% 50% 52% 51%

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

For a typical $95,000 home in Lamesa, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Lamesa's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $843a month

    Least cash to close
    Down payment
    $3,325
    Cash to close
    $6,175
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $42

  • Conventional, 5% down $825a month

    Down payment
    $4,750
    Cash to close
    $7,600
    Rate
    7.18%
    Mortgage insurance
    PMI · $45

  • Conventional, 20% down, no PMI $683a month

    Down payment
    $19,000
    Cash to close
    $21,850
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $771a month

    Down payment
    $14,250
    Cash to close
    $17,100
    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 Lamesa and for Dawson County.

Property tax

Effective rate in Lamesa

1.63%of the home’s value each year

$1,551 a year for the typical owner in Lamesa.

  • Lamesa 1.63%
  • Dawson 1.62%
  • Texas 1.49%

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

Exemptions and deadlines in Texas

Flood risk in Dawson County

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

Homes in the high-risk zone
1.4%
64
Of those, with NFIP insurance
14%
County Texas U.S.
Homes in the high-risk zone 1.4% 4.1% 3.5%
Of those, with NFIP insurance 14% 48% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Lamesa

Typical rent in Lamesa is $813 a month: 5% above the county. In Lamesa, 51% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Dawson County, by unit size. To pay the 2-bedroom one ($1,212 a month) without spending more than 30% of your income, you would need to earn $23.31 an hour working full time.

HUD fair market rent for all of Dawson 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 $921 $17.71 $36,840
1 bedroom $926 $17.81 $37,040
2 bedrooms $1,212 $23.31 $48,480
3 bedrooms $1,444 $27.77 $57,760
4 bedrooms $1,746 $33.58 $69,840

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 Lamesa

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Lamesa is in ZIP code 79331.

For 2 bedrooms it is $1,600: $388 more than the fair market rent for Dawson County ($1,212).

  • 79331 $1,600$2,000

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

HUD lists 2 buildings with rents for lower incomes in Lamesa. These are the largest.

  • Westwind of Lamesa 211 N 7th St, Lamesa 79331 80 homes, 64 low-income · For older adults, people with disabilities, families, people experiencing homelessness
  • Northridge Ret Center 100 NE 27th St, Lamesa 79331 51 homes, 50 low-income · For older adults (806) 872-9255

See all 2 buildings in Dawson County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Lamesa

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 Dawson County. The nearest ones are below; many serve by phone or online.

A grandmother smiles, seated at home.

HUD counseling is free or low-cost

Assistance programs in Lamesa

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

The HUD-approved agencies closest to the center of Lamesa, 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 · 51 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 · 64 miles away

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

  • Fort Worth Area Habitat for Humanity Inc

    9333 N Normandale St, Fort Worth · 260 miles away · Spanish

    • Budget and credit workshops
    • Pre-purchase counseling
    • and 1 more
    817-926-9219x119

All counseling agencies in Texas

Help in Spanish near Lamesa

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 Lamesa

HUD’s record names them for Lamesa or Dawson County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

All housing agencies in Texas Source: HUD

Cities

Nearby cities

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

Everything about Dawson County Housing in Texas

Neighboring counties

If Dawson 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 Lamesa.

All guides
A mother holds hands with her two daughters on the beach at sunset.

Questions

Housing questions about Lamesa

Short answers with the numbers for Lamesa and all of Dawson 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 Lamesa?

The typical home value in Lamesa is $95,000, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Dawson County it is $103,400.

How much does it cost to rent in Lamesa?

Typical rent in Lamesa is $813 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Dawson County is $1,212.

What is the FHA loan limit in Lamesa?

Lamesa uses the FHA limit for all of Dawson 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 Lamesa?

The typical homeowner in Lamesa pays $1,551 a year, according to the U.S. Census Bureau. That is 1.63% of the home’s value; in Dawson County, the rate is 1.62%.

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

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