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City · 54,820 residents · Denton County, Texas

Little Elm , Texas

In Little Elm, a typical home is worth $420,700 and typical rent is $1,953 a month. Compared with all of Denton County, typical rent is 13% higher and typical household income is 7% higher.

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  • Typical home value

    $420,700

    4% below the county

    48% above Texas

    • Little Elm
    • Denton
    • Texas

  • Typical rent

    $1,953a month

    13% above the county

    39% above Texas

    • Little Elm
    • Denton
    • Texas

  • Typical household income

    $119,219a year

    7% above the county

    52% above Texas

    • Little Elm
    • Denton
    • Texas

  • Households that own their home

    70%

    5 points above the county

    8 points above Texas

    • Little Elm
    • Denton
    • Texas

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

Market now, with Zillow data

Zillow data
Typical home value
$390,812
5.3% less than 12 months ago
Typical rent
$2,268 a month
1.6% more than 12 months ago

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

Little Elm is in Denton 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 Denton County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Little Elm 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 Little Elm fell 5.3%; in Texas, it fell 1.4%.

  2. Nearby, in Providence Village, the typical home value is $351,000: 17% less than in Little Elm ($420,700).

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

The homes here

Housing in Little Elm

What homes there are in Little Elm, 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 houses, standing on their own, make up 74% of homes here, against 69% in Denton County.

Year built

Homes in Little Elm are newer: the typical year built is 2011; in Denton County, 2003.

There is more room for a big family here: 76% of homes have 3 bedrooms or more, against 71% in Denton 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

The FHA loan limit for Denton County is $563,500, and about 80% of owner-occupied homes in Little Elm are worth less than that.

Monthly rent with utilities

With a mortgage

$2,653 a month

Denton County: $2,676 a month

Without a mortgage

$1,053 a month

Denton County: $1,045 a month

Owners with a mortgage

81%

Denton County: 71%

The typical cost for an owner with a mortgage in Little Elm is $2,653 a month, near the figure in Denton County ($2,676).

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 Little Elm gained value faster than in Denton County: 65% against 57%.

Rents in Little Elm rose more slowly than in Denton County: 18% since 2015–2019, against 42%.

To compare: typical income in Little Elm rose 21%; the home, +65%; the rent, +18%.

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

MeasureLittle ElmDenton CountyTexasUnited States
Rental vacancy Unreliable estimate4.8%7.7%5.5%
Homeowner vacancy Unreliable estimate0.7%1.1%0.9%
More than one person per room 3.8%2.9%4.8%3.4%
People per household 2.902.682.692.53
Drive alone 64%66%71%69%
Carpool 8%8%10%9%
Public transit Unreliable estimate0%1%3%
Walk or bike Unreliable estimate1%2%3%
Work from home 27%24%14%15%
Other means Unreliable estimate2%2%2%
Typical commute 30 to 39 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

In Little Elm, 3.8% of households live with more than one person per room, about the same as in Denton County.

More people live in each home here: 2.90 on average, against 2.68 in Denton County.

In Little Elm, 27% of workers work from home, more than in Denton County (24%).

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 Little Elm?

A typical home costs more than the typical income allows

We start with a typical home in Little Elm, worth $420,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 38% of the typical household income in Little Elm, which is $119,219 a year. For that payment to be 28% of income, a household would need to earn about $161,860 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Little Elm. 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 $14,725 (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

$3,777

at 7.18% · 30 years

Loan amount
$413,080
Total interest
$594,325
Paid off in
November 2056

Includes $7,105 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,782 a month

  • Tight

    $2,782 to $3,577 a month

  • Hard

    more than $3,577 a month

    Your payment · 38%

Compared with the typical household income in Little Elm ($119,219 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$3,777
Principal & interest$2,798
Property tax$617
Home insurance$175
FHA mortgage insurance (MIP)$186

You need at least $14,725 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

Little Elm and Denton County

Little Elm is in Denton 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).

Little Elm's own numbers

Typical home value
$420,700
Typical monthly rent
$1,953
Typical yearly household income
$119,219
Households that own their home
70%
Effective property tax rate
1.76%

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

Numbers for all of Denton 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)
+46%
Homes in a high flood-risk zone
0.8%

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 Denton County.

Everything about Denton County

Buying

Buying a home in Little Elm

A typical home in Little Elm is worth $420,700: 4% below the county and 48% above Texas. With the typical household income in Little Elm ($119,219 a year), a typical home costs 3.5 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.

  • Little Elm 3.5 years
  • Denton 3.9 years
  • Texas 3.6 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Denton County

According to FHFA’s house price index, home prices in Denton County rose 101% in the 10 years through 2025.

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

Period County Texas U.S.
Last year (2025) −0.9% +0.8% +2.9%
5 years (2020–2025) +46% +44% +47%
10 years (2015–2025) +101% +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

Little Elm next to Denton 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
  • Little Elm $420,700
  • Denton $437,200
  • Texas $283,800
  • United States $332,700
Typical monthly rent
  • Little Elm $1,953
  • Denton $1,728
  • Texas $1,403
  • United States $1,413
Typical yearly household income
  • Little Elm $119,219
  • Denton $111,498
  • Texas $78,476
  • United States $80,734
See the full table
Little Elm next to Denton County and Texas
Measure Little Elm Denton County Texas U.S.
Typical home value $420,700 $437,200 $283,800 $332,700
Typical monthly rent $1,953 $1,728 $1,403 $1,413
Typical yearly household income $119,219 $111,498 $78,476 $80,734
Households that own their home 70% 65% 63% 65%
Typical yearly property tax $7,420 $7,055 $4,232 $3,119
Effective property tax rate 1.76% 1.61% 1.49% 0.94%
Renters with high rent for their income 44% 51% 52% 51%

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

For a typical $420,700 home in Little Elm, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Little Elm's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $3,777a month

    Least cash to close
    Down payment
    $14,725
    Cash to close
    $27,346
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $186

  • Conventional, 5% down $3,700a month

    Down payment
    $21,035
    Cash to close
    $33,656
    Rate
    7.18%
    Mortgage insurance
    PMI · $200

  • Conventional, 20% down, no PMI $3,072a month

    Down payment
    $84,140
    Cash to close
    $96,761
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $3,461a month

    Down payment
    $63,105
    Cash to close
    $75,726
    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 Little Elm and for Denton County.

Property tax

Effective rate in Little Elm

1.76%of the home’s value each year

$7,420 a year for the typical owner in Little Elm.

  • Little Elm 1.76%
  • Denton 1.61%
  • Texas 1.49%

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

Exemptions and deadlines in Texas

Flood risk in Denton County

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

Homes in the high-risk zone
0.8%
1,994
Of those, with NFIP insurance
28%
County Texas U.S.
Homes in the high-risk zone 0.8% 4.1% 3.5%
Of those, with NFIP insurance 28% 48% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Little Elm

Typical rent in Little Elm is $1,953 a month: 13% above the county. In Little Elm, 44% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Denton 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.

HUD fair market rent for all of Denton 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 $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 Little Elm

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Little Elm has 2 ZIP codes with their own.

For 2 bedrooms it runs from $2,300 in 76227 to $2,530 in 75068.

2 of the 2 are above the fair market rent for Denton County ($1,807).

  • 75068 $2,530$3,190
  • 76227 $2,300$2,900

2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Little Elm 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 Little Elm

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

  • Lakeside Manor Senior Community 902 W Eldorado Pkwy, Little Elm 75068 176 low-income homes · 1 bd: 144 · 2 bd: 32 · In service since 2006 · For older adults, people with disabilities, families, people experiencing homelessness
  • Lakeview Court 204 Main St, Little Elm 75068 24 low-income homes · 1 bd: 8 · 2 bd: 16 · In service since 2000

See all 41 buildings in Denton County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Little Elm

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

A man listens closely, seated at a meeting table.

HUD counseling is free or low-cost

Assistance programs in Little Elm

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

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

  • Balance - Dallas

    8330 Lbj Fwy, Dallas · 21 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 7 more
    (800) 777-7526

  • Transformance DBA Services of Hope Entities

    1137 Conveyor Ln Ste 107, Dallas · 27 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 4 more
    (214) 276-0235

  • Dallas County Home Loan Counseling Center

    2377 N Stemmons Fwy, Dallas · 27 miles away

    • Mortgage delinquency and default
    • Budget and credit workshops
    • and 4 more
    (214) 819-6060

All counseling agencies in Texas

Help in Spanish near Little Elm

None 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 Little Elm

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

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

Cities

Other cities in Denton County

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

Everything about Denton County Housing in Texas
See 11 more cities in Denton County, with prices and rents

Every city has its own page with prices, rents and help.

Nearby cities

The cities closest to Little Elm, with the typical home value.

Neighboring counties

If Denton 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 Little Elm.

All guides
Three women of one family lean in together to stir the pan.

Questions

Housing questions about Little Elm

Short answers with the numbers for Little Elm and all of Denton 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 Little Elm?

The typical home value in Little Elm is $420,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Denton County it is $437,200.

How much does it cost to rent in Little Elm?

Typical rent in Little Elm is $1,953 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Denton County is $1,807.

What is the FHA loan limit in Little Elm?

Little Elm uses the FHA limit for all of Denton 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 Little Elm?

The typical homeowner in Little Elm pays $7,420 a year, according to the U.S. Census Bureau. That is 1.76% of the home’s value; in Denton County, the rate is 1.61%.

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

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