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City · 7,671 residents · Lampasas County, Texas

Lampasas , Texas

In Lampasas, a typical home is worth $198,800 and typical rent is $961 a month. Compared with all of Lampasas County, the typical home value is 21% lower, typical household income is 18% lower, and the share of households that own their home is 17 points lower.

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  • Typical home value

    $198,800

    21% below the county

    30% below Texas

    • Lampasas
    • County
    • Texas

  • Typical rent

    $961a month

    9% below the county

    32% below Texas

    • Lampasas
    • County
    • Texas

  • Typical household income

    $67,229a year

    18% below the county

    14% below Texas

    • Lampasas
    • County
    • Texas

  • Households that own their home

    64%

    17 points below the county

    1 points above Texas

    • Lampasas
    • County
    • Texas

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

Market now, with Zillow data

Zillow data
Typical home value
$290,000
1.8% more than 12 months ago

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

Lampasas is in Lampasas 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 Lampasas County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Lampasas apart

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

  1. 64% of households in Lampasas own their home, against 80% in Lampasas County.

  2. According to Zillow, in the 12 months to September 2026 the typical home value in Lampasas rose 1.8%; in Texas, it fell 1.4%.

  3. The typical home in Lampasas is worth $198,800, 21% less than in Lampasas County as a whole ($250,400).

  4. The typical household income in Lampasas is $67,229, 18% less than in Lampasas County as a whole ($81,736).

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

The homes here

Housing in Lampasas

What homes there are in Lampasas, 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 rules in Lampasas: 81% of homes, more than in Lampasas County (77%).

Year built

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

The FHA limit for Lampasas County is high ($541,287): at least 94% of owner-occupied homes in Lampasas are worth less than $500,000.

Monthly rent with utilities

With a mortgage

$1,265 a month

Lampasas County: $1,741 a month

Without a mortgage

$670 a month

Lampasas County: $672 a month

Owners with a mortgage

48%

Lampasas County: 50%

In Lampasas, 48% of owners have a mortgage, and their typical cost is $1,265 a month, against $1,741 in Lampasas County. Without one it drops to $670.

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 Lampasas gained value faster than in Lampasas County: 67% against 55%.

The typical rent in Lampasas rose 31% over the same time; in Lampasas County, it rose 37%.

To compare: typical income in Lampasas rose 43%; the home, +67%; the rent, +31%.

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

MeasureLampasasLampasas 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 estimate2.6%4.8%3.4%
People per household 2.602.682.692.53
Drive alone 82%75%71%69%
Carpool 9%13%10%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimateUnreliable estimate2%3%
Work from home Unreliable estimate9%14%15%
Other means Unreliable estimateUnreliable estimate2%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

Much as in Lampasas County, a household in Lampasas has 2.60 people on average.

To get to work, 82% of workers in Lampasas drive alone; in Lampasas 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 Lampasas?

A typical home is tight for the typical income

We start with a typical home in Lampasas, worth $198,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 31% of the typical household income in Lampasas, which is $67,229 a year. For that payment to be 28% of income, a household would need to earn about $73,646 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Lampasas. 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 $6,958 (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

$1,718

at 7.18% · 30 years

Loan amount
$195,199
Total interest
$280,846
Paid off in
November 2056

Includes $3,357 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,569 a month

  • Tight

    $1,569 to $2,017 a month

    Your payment · 31%

  • Hard

    more than $2,017 a month

Compared with the typical household income in Lampasas ($67,229 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,718
Principal & interest$1,322
Property tax$225
Home insurance$83
FHA mortgage insurance (MIP)$88

You need at least $6,958 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

Lampasas and Lampasas County

Lampasas is in Lampasas 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).

Lampasas's own numbers

Typical home value
$198,800
Typical monthly rent
$961
Typical yearly household income
$67,229
Households that own their home
64%
Effective property tax rate
1.36%

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

Numbers for all of Lampasas County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,014
Price change over 5 years (FHFA)
+63%

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 Lampasas County.

Everything about Lampasas County

Buying

Buying a home in Lampasas

A typical home in Lampasas is worth $198,800: 21% below the county and 30% below Texas. With the typical household income in Lampasas ($67,229 a year), a typical home costs 3.0 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.

  • Lampasas 3.0 years
  • County 3.1 years
  • Texas 3.6 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Lampasas County

According to FHFA’s house price index, home prices in Lampasas County rose 124% in the 10 years through 2025.

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

Period County Texas U.S.
Last year (2025) +6.9% +0.8% +2.9%
5 years (2020–2025) +63% +44% +47%
10 years (2015–2025) +124% +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

Lampasas next to Lampasas 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
  • Lampasas $198,800
  • County $250,400
  • Texas $283,800
  • United States $332,700
Typical monthly rent
  • Lampasas $961
  • County $1,059
  • Texas $1,403
  • United States $1,413
Typical yearly household income
  • Lampasas $67,229
  • County $81,736
  • Texas $78,476
  • United States $80,734
See the full table
Lampasas next to Lampasas County and Texas
Measure Lampasas Lampasas County Texas U.S.
Typical home value $198,800 $250,400 $283,800 $332,700
Typical monthly rent $961 $1,059 $1,403 $1,413
Typical yearly household income $67,229 $81,736 $78,476 $80,734
Households that own their home 64% 80% 63% 65%
Typical yearly property tax $2,694 $2,929 $4,232 $3,119
Effective property tax rate 1.36% 1.17% 1.49% 0.94%
Renters with high rent for their income 47% 40% 52% 51%

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

For a typical $198,800 home in Lampasas, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Lampasas's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,718a month

    Least cash to close
    Down payment
    $6,958
    Cash to close
    $12,922
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $88

  • Conventional, 5% down $1,682a month

    Down payment
    $9,940
    Cash to close
    $15,904
    Rate
    7.18%
    Mortgage insurance
    PMI · $94

  • Conventional, 20% down, no PMI $1,386a month

    Down payment
    $39,760
    Cash to close
    $45,724
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,569a month

    Down payment
    $29,820
    Cash to close
    $35,784
    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 Lampasas and for Lampasas County.

Property tax

Effective rate in Lampasas

1.36%of the home’s value each year

$2,694 a year for the typical owner in Lampasas.

  • Lampasas 1.36%
  • County 1.17%
  • Texas 1.49%

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

Exemptions and deadlines in Texas

Flood risk in Lampasas County

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

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

Typical rent in Lampasas is $961 a month: 9% below the county. In Lampasas, 47% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Lampasas County, by unit size. To pay the 2-bedroom one ($1,014 a month) without spending more than 30% of your income, you would need to earn $19.50 an hour working full time.

HUD fair market rent for all of Lampasas 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 $770 $14.81 $30,800
1 bedroom $775 $14.90 $31,000
2 bedrooms $1,014 $19.50 $40,560
3 bedrooms $1,404 $27.00 $56,160
4 bedrooms $1,695 $32.60 $67,800

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 Lampasas

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Lampasas is in ZIP code 76550.

For 2 bedrooms it is $1,130: $116 more than the fair market rent for Lampasas County ($1,014).

  • 76550 $1,130$1,490

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

HUD lists 6 buildings with rents for lower incomes in Lampasas. These are the largest.

  • Lometa Pointe 807 N Ridge St, Lampasas 76550 78 low-income homes · In service since 2017
  • Manor at Hancock Park 108 E Ohnmeiss Dr, Lampasas 76550 58 low-income homes · 1 bd: 24 · 2 bd: 34 · In service since 2013
  • River Park Village East Apts 1309 Central Texas Expy, Lampasas 76550 50 low-income homes · For families (512) 556-2038
  • Pecan Grove 205 Riverview Dr, Lampasas 76550 40 low-income homes · 1 bd: 36 · 2 bd: 4 · In service since 2014
  • Pecan Grove Village Apts Phase I 201 Riverview Dr, Lampasas 76550 40 low-income homes · 1 bd: 36 · 2 bd: 4 · In service since 1990

See all 7 buildings in Lampasas County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Lampasas

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

Two women and a girl laugh together at the bus stop.

HUD counseling is free or low-cost

Assistance programs in Lampasas

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

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

  • Families in Crisis, Inc.

    1305 E Rancier Ave, Killeen · 28 miles away · Spanish

    • Budget and financial counseling
    • Budget and credit workshops
    • and 5 more
    (254) 634-1184

  • Frameworks Community Development Corporation

    2200 E Martin Luther King Jr Blvd, Austin · 61 miles away · Spanish

    • Mortgage delinquency and default
    • Workshops for new owners
    • and 2 more
    (512) 385-1500

  • BCL of Texas (business and Community Lenders)

    1011 San Jacinto Blvd Ste 500, Austin · 61 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 3 more
    (512) 912-9884

All counseling agencies in Texas

Help in Spanish near Lampasas

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 Lampasas

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

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

Cities

Nearby cities

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

Everything about Lampasas County Housing in Texas

Neighboring counties

If Lampasas 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 Lampasas.

All guides
A mother holding her baby watches her daughter blow bubbles outdoors.

Questions

Housing questions about Lampasas

Short answers with the numbers for Lampasas and all of Lampasas 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 Lampasas?

The typical home value in Lampasas is $198,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Lampasas County it is $250,400.

How much does it cost to rent in Lampasas?

Typical rent in Lampasas is $961 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Lampasas County is $1,014.

What is the FHA loan limit in Lampasas?

Lampasas uses the FHA limit for all of Lampasas 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 Lampasas?

The typical homeowner in Lampasas pays $2,694 a year, according to the U.S. Census Bureau. That is 1.36% of the home’s value; in Lampasas County, the rate is 1.17%.

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

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