In McGregor, a typical home is worth $221,700 and typical rent is $1,194 a month. Compared with all of McLennan County, typical household income is 9% higher, the typical home value is 9% lower, and the share of households that own their home is 7 points higher.
McGregor is in McLennan 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 McLennan County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Gatesville, the typical rent is $1,007: 16% less than in McGregor ($1,194).
2
69% of households in McGregor own their home, against 62% in McLennan County.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in McGregor
What homes there are in McGregor, 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
McGregor
McLennan County
Texas
United States
Kind of home: McGregor and its comparisons
Measure
McGregor
McLennan County
Texas
United States
Detached house
83%
67%
64%
61%
Attached house
Unreliable estimate
2%
3%
6%
Building of 2 to 4
Unreliable estimate
7%
5%
8%
Apartments (5 or more)
Unreliable estimate
18%
21%
19%
Mobile home
Unreliable estimate
5%
6%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In McGregor, 8 in 10 homes are single-family detached houses; in McLennan County, 7.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
McGregor
McLennan County
Texas
United States
Year built: McGregor and its comparisons
Measure
McGregor
McLennan County
Texas
United States
Before 1960
31%
21%
12%
26%
1960–1979
20%
24%
21%
24%
1980–1999
19%
25%
28%
25%
2000–2009
Unreliable estimate
12%
18%
14%
2010 or later
23%
17%
21%
11%
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200K27%
$200K–$300K38%
$300K–$500KUnreliable
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: McGregor and its comparisons
Measure
McGregor
Under $100K
Unreliable estimate
$100K–$200K
27%
$200K–$300K
38%
$300K–$500K
Unreliable estimate
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,49961%
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: McGregor and its comparisons
Measure
McGregor
Under $500
Unreliable estimate
$500–$999
Unreliable estimate
$1,000–$1,499
61%
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable
With a mortgage
$1,938 a month
McLennan County: $1,805 a month
Without a mortgage
$576 a month
McLennan County: $678 a month
Owners with a mortgage
51%
McLennan County: 53%
In McGregor, 51% of owners have a mortgage, and their typical cost is $1,938 a month, against $1,805 in McLennan County. Without one it drops to $576.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
McGregor+91%
McLennan County+71%
Texas+65%
United States+53%
Typical rent
McGregor+25%
McLennan County+35%
Texas+34%
United States+33%
Typical household income
McGregorNo clear change
McLennan County+34%
Texas+27%
United States+29%
Change since 2015–2019: McGregor and its comparisons
Measure
McGregor
McLennan County
Texas
United States
Typical home value
+91%
+71%
+65%
+53%
Typical rent
+25%
+35%
+34%
+33%
Typical household income
No clear change
+34%
+27%
+29%
The typical home value in McGregor rose 91% since 2015–2019, more than in McLennan County (71%).
Since 2015–2019, the typical rent in McGregor rose 25%, less than in McLennan County (35%).
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: McGregor and its comparisons
Measure
McGregor
McLennan County
Texas
United States
Rental vacancy
Unreliable estimate
4.8%
7.7%
5.5%
Homeowner vacancy
Unreliable estimate
1.1%
1.1%
0.9%
More than one person per room
Unreliable estimate
3.2%
4.8%
3.4%
People per household
2.76
2.64
2.69
2.53
Drive alone
69%
78%
71%
69%
Carpool
Unreliable estimate
10%
10%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
Unreliable estimate
2%
2%
3%
Work from home
14%
10%
14%
15%
Other means
Unreliable estimate
1%
2%
2%
Typical commute
Unreliable estimate
10 to 19 minutes
20 to 29 minutes
20 to 29 minutes
By size, households in McGregor look like those in McLennan County: 2.76 people on average.
In McGregor, 14% of workers work from home, more than in McLennan County (10%).
Do the math
What would you pay each month for a home in McGregor?
A typical home is tight for the typical income
We start with a typical home in McGregor, worth $221,700, 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 McGregor, which is $72,750 a year. For that payment to be 28% of income, a household would need to earn about $82,288 a year.
The calculator's FHA and conventional loan limits are those of all of McLennan 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 McGregor. 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 $7,760 (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
$1,920
at 7.18% · 30 years
Loan amount
$217,684
Total interest
$313,196
Paid off in
November 2056
Includes $3,744 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,698 a month
Tight
$1,698 to $2,183 a month
Your payment · 32%
Hard
more than $2,183 a month
Compared with the typical household income in McGregor ($72,750 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,475
Property tax
$255
Home insurance
$92
FHA mortgage insurance (MIP)
$98
You need at least $7,760 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 $1,920; principal and interest $1,475.
The city and its county
McGregor and McLennan County
McGregor is in McLennan 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).
McGregor
Map of McLennan County, Texas, with McGregor marked. Around it, the neighboring counties.
McGregor
McLennan County
Other cities with a page
McGregor's own numbers
Typical home value
$221,700
Typical monthly rent
$1,194
Typical yearly household income
$72,750
Households that own their home
69%
Effective property tax rate
1.38%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of McLennan County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,297
Price change over 5 years (FHFA)
+49%
Homes in a high flood-risk zone
2.1%
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 McLennan County.
A typical home in McGregor is worth $221,700: 9% below the county and 22% below Texas. With the typical household income in McGregor ($72,750 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.
McGregor3.0 years
McLennan3.7 years
Texas3.6 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in McLennan County
According to FHFA’s house price index, home prices in McLennan County rose 105% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of McLennan County.
Yearly change in FHFA’s price index in McLennan County, 2016 to 2025
2016: +7.3% +7.3% 2016
2017: +7.6% +7.6% 2017
2018: +7.8% +7.8% 2018
2019: +5.3% +5.3% 2019
2020: +5.4% +5.4% 2020
2021: +13.5% +13.5% 2021
2022: +20.6% +20.6% 2022
2023: +5.2% +5.2% 2023
2024: +2.0% +2.0% 2024
2025: +1.2% +1.2% 2025
Change in FHFA’s price index in McLennan County, Texas and the United States
Period
County
Texas
U.S.
Last year (2025)
+1.2%
+0.8%
+2.9%
5 years (2020–2025)
+49%
+44%
+47%
10 years (2015–2025)
+105%
+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
McGregor next to McLennan 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
McGregor$221,700
McLennan$243,600
Texas$283,800
United States$332,700
Typical monthly rent
McGregor$1,194
McLennan$1,173
Texas$1,403
United States$1,413
Typical yearly household income
McGregor$72,750
McLennan$66,643
Texas$78,476
United States$80,734
See the full table
McGregor next to McLennan County and Texas
Measure
McGregor
McLennan County
Texas
U.S.
Typical home value
$221,700 ▼9% below the county
$243,600
$283,800
$332,700
Typical monthly rent
$1,194
$1,173
$1,403
$1,413
Typical yearly household income
$72,750 ▲9% above the county
$66,643
$78,476
$80,734
Households that own their home
69% ▲7 points above the county
62%
63%
65%
Typical yearly property tax
$3,055 ▼12% below the county
$3,471
$4,232
$3,119
Effective property tax rate
1.38% ▼0.04 points below the county
1.42%
1.49%
0.94%
Renters with high rent for their income
56% ▼1 points below the county
57%
52%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below McLennan 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 McGregor
For a typical $221,700 home in McGregor, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, McGregor's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,920a month
Least cash to close
Down payment
$7,760
Cash to close
$14,411
Rate
7.18%
Mortgage insurance
FHA MIP · $98
Conventional, 5% down$1,879a month
Down payment
$11,085
Cash to close
$17,736
Rate
7.18%
Mortgage insurance
PMI · $105
Conventional, 20% down, no PMI$1,549a month
Down payment
$44,340
Cash to close
$50,991
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,754a month
Down payment
$33,255
Cash to close
$39,906
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in McGregor
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,920
$7,760
$217,684
7.18%
FHA MIP · $98
$14,411
580
Conventional, 5% down
$1,879
$11,085
$210,615
7.18%
PMI · $105
$17,736
620*
Conventional, 20% down, no PMI
$1,549
$44,340
$177,360
7.18%
None
$50,991
620*
ITIN, 15% down (example)
$1,754
$33,255
$188,445
8.18%
None
$39,906
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 McGregor is $1,194 a month: about the same as the county. In McGregor, 56% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of McLennan County, by unit size. To pay the 2-bedroom one ($1,297 a month) without spending more than 30% of your income, you would need to earn $24.94 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 McLennan County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$903
$17.37
$36,120
1 bedroom
$1,029
$19.79
$41,160
2 bedrooms
$1,297
$24.94
$51,880
3 bedrooms
$1,693
$32.56
$67,720
4 bedrooms
$1,705
$32.79
$68,200
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 McGregor
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). McGregor is in ZIP code 76657.
For 2 bedrooms it is $1,410: $113 more than the fair market rent for McLennan County ($1,297).
Fair market rent by ZIP code and size in McGregor, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
76657
$980
$1,120
$1,410
$1,840
$1,870
ZIP code2 bd3 bd
76657 $1,410$1,840
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for McGregor 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)
HUD lists one building with rents for lower incomes in McGregor.
Unnamed301 N Johnson Dr, McGregor 7665775 homes, 74 low-income · Run by Housing Authority of McGregor · Average payment: $506 a month · Average wait: 7 months · Homes at several sites(254) 840-2276
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.
There are 2 HUD-approved agencies with an office in McLennan County; 2 say they serve in Spanish.
No down payment, repair or rent-help program on our list is for McGregor or McLennan County. The ones below are statewide in Texas: they work in McGregor 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 McGregor or McLennan 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 McGregor and all of McLennan 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 McGregor?
The typical home value in McGregor is $221,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in McLennan County it is $243,600.
How much does it cost to rent in McGregor?
Typical rent in McGregor is $1,194 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in McLennan County is $1,297.
What is the FHA loan limit in McGregor?
McGregor uses the FHA limit for all of McLennan 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 McGregor?
The typical homeowner in McGregor pays $3,055 a year, according to the U.S. Census Bureau. That is 1.38% of the home’s value; in McLennan County, the rate is 1.42%.
Where can I find free help to buy or rent in McGregor?
There are 2 HUD-approved counseling agencies with an office in McLennan County. 2 say they serve in Spanish. They can help you get ready to buy, with your credit, or with rent.
