In Lavon, a typical home is worth $394,300 and typical rent is $2,203 a month. Compared with all of Collin County, typical rent is 19% higher, the typical home value is 17% lower, and the share of households that own their home is 26 points higher.
Typical home value from Zillow, September 2021 to September 2026: from $364,234 to $343,123.
Typical rent
$1,958a month
▼ 2.7% less than 12 months ago
Typical rent from Zillow, June 2025 to September 2026: from $2,105 to $1,958.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Lavon is in Collin County. The FHA loan limit ($563,500 for a one-unit home), the fair market rents and the help on this page are those of all of Collin County. See the county
What this place has that others do not, from public data, most unusual first.
1
90% of households in Lavon own their home, against 65% in Collin County.
2
According to Zillow, in the 12 months to September 2026 the typical home value in Lavon fell 7.3%; in Texas, it fell 1.4%.
3
Nearby, in Josephine, the typical rent is $1,688: 23% less than in Lavon ($2,203).
4
Nearby, in Josephine, the typical home value is $320,200: 19% less than in Lavon ($394,300).
5
The typical rent in Lavon is $2,203 a month, 19% more than in Collin County as a whole ($1,859).
6
The typical home in Lavon is worth $394,300,17% less than in Collin County as a whole ($475,600).
Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data
The homes here
Housing in Lavon
What homes there are in Lavon, 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
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Lavon
Collin County
Texas
United States
Kind of home: Lavon and its comparisons
Measure
Lavon
Collin County
Texas
United States
Detached house
95%
68%
64%
61%
Attached house
Unreliable estimate
3%
3%
6%
Building of 2 to 4
Unreliable estimate
3%
5%
8%
Apartments (5 or more)
Unreliable estimate
25%
21%
19%
Mobile home
Unreliable estimate
2%
6%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
Detached houses, standing on their own, make up 95% of homes here, against 68% in Collin County.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Lavon
Collin County
Texas
United States
Year built: Lavon and its comparisons
Measure
Lavon
Collin County
Texas
United States
Before 1960
Unreliable estimate
2%
12%
26%
1960–1979
Unreliable estimate
8%
21%
24%
1980–1999
Unreliable estimate
32%
28%
25%
2000–2009
47%
25%
18%
14%
2010 or later
45%
33%
21%
11%
The typical home in Lavon was built in 2009, 6 years after the typical one in Collin County.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300K21%
$300K–$500K59%
$500K–$750K18%
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Lavon and its comparisons
Measure
Lavon
Under $100K
Unreliable estimate
$100K–$200K
Unreliable
$200K–$300K
21%
$300K–$500K
59%
$500K–$750K
18%
$750K–$1M
Unreliable
$1M or more
Unreliable
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Lavon and its comparisons
Measure
Lavon
Under $500
Unreliable
$500–$999
Unreliable
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable estimate
With a mortgage
$2,620 a month
Collin County: $2,843 a month
Without a mortgage
$1,088 a month
Collin County: $1,101 a month
Owners with a mortgage
80%
Collin County: 69%
The typical cost for an owner with a mortgage in Lavon is $2,620 a month, less than in Collin County ($2,843); without one, $1,088.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Lavon+64%
Collin County+51%
Texas+65%
United States+53%
Typical rent
Lavon+24%
Collin County+34%
Texas+34%
United States+33%
Typical household income
Lavon+47%
Collin County+26%
Texas+27%
United States+29%
Change since 2015–2019: Lavon and its comparisons
Measure
Lavon
Collin County
Texas
United States
Typical home value
+64%
+51%
+65%
+53%
Typical rent
+24%
+34%
+34%
+33%
Typical household income
+47%
+26%
+27%
+29%
Since 2015–2019, homes in Lavon gained value faster than in Collin County: 64% against 51%.
Since 2015–2019, the typical rent in Lavon rose 24%, less than in Collin County (34%).
While home values in Lavon changed +64% and rent +24%, the typical household income rose 47%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Lavon and its comparisons
Measure
Lavon
Collin County
Texas
United States
Rental vacancy
Unreliable estimate
6.1%
7.7%
5.5%
Homeowner vacancy
Unreliable estimate
0.6%
1.1%
0.9%
More than one person per room
Unreliable estimate
3.1%
4.8%
3.4%
People per household
3.13
2.77
2.69
2.53
Drive alone
70%
62%
71%
69%
Carpool
Unreliable estimate
7%
10%
9%
Public transit
Unreliable estimate
0%
1%
3%
Walk or bike
Unreliable estimate
1%
2%
3%
Work from home
21%
28%
14%
15%
Other means
Unreliable estimate
2%
2%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
Households in Lavon are bigger: 3.13 people on average; in Collin County, 2.77.
To get to work, 70% of workers in Lavon drive alone; in Collin County, 62%.
Do the math
What would you pay each month for a home in Lavon?
A typical home is tight for the typical income
We start with a typical home in Lavon, worth $394,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 32% of the typical household income in Lavon, which is $131,303 a year. For that payment to be 28% of income, a household would need to earn about $150,154 a year.
The calculator's FHA and conventional loan limits are those of all of Collin County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Lavon. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $13,801 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$3,504
at 7.18% · 30 years
Loan amount
$387,158
Total interest
$557,029
Paid off in
November 2056
Includes $6,659 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $3,064 a month
Tight
$3,064 to $3,939 a month
Your payment · 32%
Hard
more than $3,939 a month
Compared with the typical household income in Lavon ($131,303 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$2,623
Property tax
$542
Home insurance
$164
FHA mortgage insurance (MIP)
$174
You need at least $13,801 for the down payment, plus closing costs.
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.
Total monthly payment $3,504; principal and interest $2,623.
The city and its county
Lavon and Collin County
Lavon is in Collin 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).
Lavon
Map of Collin County, Texas, with Lavon marked. Around it, the neighboring counties.
Lavon
Collin County
Other cities with a page
Lavon's own numbers
Typical home value
$394,300
Typical monthly rent
$2,203
Typical yearly household income
$131,303
Households that own their home
90%
Effective property tax rate
1.65%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Collin County
FHA limit, one-unit home
$563,500
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,807
Price change over 5 years (FHFA)
+51%
Homes in a high flood-risk zone
0.3%
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 Collin County.
A typical home in Lavon is worth $394,300: 17% below the county and 39% above Texas. With the typical household income in Lavon ($131,303 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.
Lavon3.0 years
Collin3.9 years
Texas3.6 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Collin County
According to FHFA’s house price index, home prices in Collin County rose 102% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Collin County.
Yearly change in FHFA’s price index in Collin County, 2016 to 2025
2016: +10.6% +10.6% 2016
2017: +9.9% +9.9% 2017
2018: +5.1% +5.1% 2018
2019: +2.3% +2.3% 2019
2020: +2.1% +2.1% 2020
2021: +14.7% +14.7% 2021
2022: +24.3% +24.3% 2022
2023: +4.5% +4.5% 2023
2024: +2.1% +2.1% 2024
2025: −0.8% −0.8% 2025
Change in FHFA’s price index in Collin County, Texas and the United States
Period
County
Texas
U.S.
Last year (2025)
−0.8%
+0.8%
+2.9%
5 years (2020–2025)
+51%
+44%
+47%
10 years (2015–2025)
+102%
+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
Lavon next to Collin 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
Lavon$394,300
Collin$475,600
Texas$283,800
United States$332,700
Typical monthly rent
Lavon$2,203
Collin$1,859
Texas$1,403
United States$1,413
Typical yearly household income
Lavon$131,303
Collin$121,600
Texas$78,476
United States$80,734
See the full table
Lavon next to Collin County and Texas
Measure
Lavon
Collin County
Texas
U.S.
Typical home value
$394,300 ▼17% below the county
$475,600
$283,800
$332,700
Typical monthly rent
$2,203 ▲19% above the county
$1,859
$1,403
$1,413
Typical yearly household income
$131,303 ▲8% above the county
$121,600
$78,476
$80,734
Households that own their home
90% ▲26 points above the county
65%
63%
65%
Typical yearly property tax
$6,495 ▼14% below the county
$7,521
$4,232
$3,119
Effective property tax rate
1.65% ▲0.07 points above the county
1.58%
1.49%
0.94%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Collin 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 Lavon
For a typical $394,300 home in Lavon, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Lavon's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$3,504a month
Least cash to close
Down payment
$13,801
Cash to close
$25,630
Rate
7.18%
Mortgage insurance
FHA MIP · $174
Conventional, 5% down$3,431a month
Down payment
$19,715
Cash to close
$31,544
Rate
7.18%
Mortgage insurance
PMI · $187
Conventional, 20% down, no PMI$2,843a month
Down payment
$78,860
Cash to close
$90,689
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$3,208a month
Down payment
$59,145
Cash to close
$70,974
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Lavon
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$3,504
$13,801
$387,158
7.18%
FHA MIP · $174
$25,630
580
Conventional, 5% down
$3,431
$19,715
$374,585
7.18%
PMI · $187
$31,544
620*
Conventional, 20% down, no PMI
$2,843
$78,860
$315,440
7.18%
None
$90,689
620*
ITIN, 15% down (example)
$3,208
$59,145
$335,155
8.18%
None
$70,974
Set by the lender
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.
Typical rent in Lavon is $2,203 a month: 19% above the county.
HUD publishes a fair market rent for all of Collin County, by unit size. To pay the 2-bedroom one ($1,807 a month) without spending more than 30% of your income, you would need to earn $34.75 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Collin County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,491
$28.67
$59,640
1 bedroom
$1,536
$29.54
$61,440
2 bedrooms
$1,807
$34.75
$72,280
3 bedrooms
$2,275
$43.75
$91,000
4 bedrooms
$2,892
$55.62
$115,680
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 Lavon
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Lavon is in ZIP code 75166.
For 2 bedrooms it is $2,210: $403 more than the fair market rent for Collin County ($1,807).
Fair market rent by ZIP code and size in Lavon, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
75166
$1,820
$1,880
$2,210
$2,780
$3,540
ZIP code2 bd3 bd
75166 $2,210$2,780
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Lavon 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 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
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 Collin County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Lavon or Collin County. The ones below are statewide in Texas: they work in Lavon the same as in the rest of the state.
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).
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).
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).
No legal help resource on our list is for Lavon or Collin County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Lavon and all of Collin 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 Lavon?
The typical home value in Lavon is $394,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Collin County it is $475,600.
How much does it cost to rent in Lavon?
Typical rent in Lavon is $2,203 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Collin County is $1,807.
What is the FHA loan limit in Lavon?
Lavon uses the FHA limit for all of Collin County (2026): $563,500 for a one-unit home and $1,083,650 for a four-unit home.
How much property tax do owners pay in Lavon?
The typical homeowner in Lavon pays $6,495 a year, according to the U.S. Census Bureau. That is 1.65% of the home’s value; in Collin County, the rate is 1.58%.
Where can I find free help to buy or rent in Lavon?
We found no HUD-approved counseling agencies with an office in Collin County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
