Español

Este sitio también está en español. Leer en español

City · 7,452 residents · Winkler County, Texas

Monahans , Texas

In Monahans, a typical home is worth $160,800 and typical rent is $1,110 a month. Compared with all of Winkler County, typical household income is 19% lower, the typical home value is 9% higher, and the share of households that own their home is 13 points lower.

WhatsApp

  • Typical home value

    $160,800

    9% above the county

    43% below Texas

    • Monahans
    • Winkler
    • Texas

  • Typical rent

    $1,110a month

    7% above the county

    21% below Texas

    • Monahans
    • Winkler
    • Texas

  • Typical household income

    $70,677a year

    19% below the county

    10% below Texas

    • Monahans
    • Winkler
    • Texas

  • Households that own their home

    73%

    13 points below the county

    10 points above Texas

    • Monahans
    • Winkler
    • Texas

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

Market now, with Zillow data

Zillow data
Typical home value
$198,415
2.7% more than 12 months ago

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

Monahans is in Winkler 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 Winkler County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Monahans apart

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

  1. Monahans has the 10th smallest share of rent-burdened renters of the 356 cities in Texas with more than 5,000 people (34%).

  2. Nearby, in Town of Pecos, the typical home value is $117,300: 27% less than in Monahans ($160,800).

  3. According to Zillow, in the 12 months to September 2026 the typical home value in Monahans rose 2.7%; in Texas, it fell 1.4%.

  4. 73% of households in Monahans own their home, against 86% in Winkler County.

  5. The typical household income in Monahans is $70,677, 19% less than in Winkler County as a whole ($86,900).

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

The homes here

Housing in Monahans

What homes there are in Monahans, 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 are the majority in Monahans (71%), but less so than in Winkler County (82%).

Mobile homes are 15% of homes in Monahans, more than in Winkler County (11%).

Year built

The typical home in Monahans was built in 1973, 5 years after the typical one in Winkler 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
Monthly rent with utilities

With a mortgage

$1,705 a month

Winkler County: $1,438 a month

Without a mortgage

$482 a month

Winkler County: $500 a month

Owners with a mortgage

39%

Winkler County: 26%

Owning costs more in Monahans: with a mortgage, the typical cost is $1,705 a month; in Winkler County, $1,438. Without one, $482.

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

The typical home value in Monahans rose 81% since 2015–2019, less than in Winkler County (136%).

Since 2015–2019, the typical rent in Monahans did not change clearly, according to the Census.

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

MeasureMonahansWinkler 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 2.552.662.692.53
Drive alone 86%86%71%69%
Carpool 11%9%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 minutesUnreliable estimate20 to 29 minutes20 to 29 minutes

A household in Monahans has 2.55 people on average, about the same as in Winkler County (2.66).

To get to work, 86% of workers in Monahans drive alone; in Winkler County, 86%.

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 Monahans?

A typical home is within reach of the typical income

We start with a typical home in Monahans, worth $160,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 22% of the typical household income in Monahans, which is $70,677 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Monahans. 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 $5,628 (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

$1,280

at 7.18% · 30 years

Loan amount
$157,888
Total interest
$227,163
Paid off in
November 2056

Includes $2,716 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,649 a month

    Your payment · 22%

  • Tight

    $1,649 to $2,120 a month

  • Hard

    more than $2,120 a month

Compared with the typical household income in Monahans ($70,677 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,280
Principal & interest$1,070
Property tax$72
Home insurance$67
FHA mortgage insurance (MIP)$71

You need at least $5,628 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

Monahans and Winkler County

Monahans is in Winkler 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).

Monahans's own numbers

Typical home value
$160,800
Typical monthly rent
$1,110
Typical yearly household income
$70,677
Households that own their home
73%
Effective property tax rate
0.54%

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

Numbers for all of Winkler County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,109

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 Winkler County.

Everything about Winkler County

Buying

Buying a home in Monahans

A typical home in Monahans is worth $160,800: 9% above the county and 43% below Texas. With the typical household income in Monahans ($70,677 a year), a typical home costs 2.3 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.

  • Monahans 2.3 years
  • Winkler 1.7 years
  • Texas 3.6 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Texas

According to FHFA’s house price index, home prices in Texas rose 88% in the 10 years through 2025.

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

Monahans next to Winkler 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
  • Monahans $160,800
  • Winkler $148,200
  • Texas $283,800
  • United States $332,700
Typical monthly rent
  • Monahans $1,110
  • Winkler $1,037
  • Texas $1,403
  • United States $1,413
Typical yearly household income
  • Monahans $70,677
  • Winkler $86,900
  • Texas $78,476
  • United States $80,734
See the full table
Monahans next to Winkler County and Texas
Measure Monahans Winkler County Texas U.S.
Typical home value $160,800 $148,200 $283,800 $332,700
Typical monthly rent $1,110 $1,037 $1,403 $1,413
Typical yearly household income $70,677 $86,900 $78,476 $80,734
Households that own their home 73% 86% 63% 65%
Typical yearly property tax $867 $1,119 $4,232 $3,119
Effective property tax rate 0.54% 0.76% 1.49% 0.94%
Renters with high rent for their income 34% — 52% 51%

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

For a typical $160,800 home in Monahans, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Monahans's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,280a month

    Least cash to close
    Down payment
    $5,628
    Cash to close
    $10,452
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $71

  • Conventional, 5% down $1,251a month

    Down payment
    $8,040
    Cash to close
    $12,864
    Rate
    7.18%
    Mortgage insurance
    PMI · $76

  • Conventional, 20% down, no PMI $1,011a month

    Down payment
    $32,160
    Cash to close
    $36,984
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,159a month

    Down payment
    $24,120
    Cash to close
    $28,944
    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 Monahans and for Winkler County.

Property tax

Effective rate in Monahans

0.54%of the home’s value each year

$867 a year for the typical owner in Monahans.

  • Monahans 0.54%
  • Winkler 0.76%
  • Texas 1.49%

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

Exemptions and deadlines in Texas

Flood risk in Winkler County

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

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

Typical rent in Monahans is $1,110 a month: 7% above the county. In Monahans, 34% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Winkler County, by unit size. To pay the 2-bedroom one ($1,109 a month) without spending more than 30% of your income, you would need to earn $21.33 an hour working full time.

HUD fair market rent for all of Winkler 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 $843 $16.21 $33,720
1 bedroom $883 $16.98 $35,320
2 bedrooms $1,109 $21.33 $44,360
3 bedrooms $1,322 $25.42 $52,880
4 bedrooms $1,597 $30.71 $63,880

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 Monahans

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Monahans is in ZIP code 79756.

For 2 bedrooms it is $1,430: $321 more than the fair market rent for Winkler County ($1,109).

  • 79756 $1,430$1,700

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

Free help

Help to buy or rent in Monahans

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

A pregnant woman reads paperwork on the sofa while the grandmother plays with the girl on the floor.

HUD counseling is free or low-cost

Assistance programs in Monahans

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

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

  • Odessa Affordable Housing, Inc.

    3801 N Dixie Blvd, Odessa · 44 miles away

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

  • Midland Community Development Corp

    208 S Marienfeld St, Midland · 63 miles away · Spanish

    • Budget and financial counseling
    • Budget and credit workshops
    • and 2 more
    (432) 682-2520

  • Adults and Youth United Development Association Inc

    1325 Beverly Ann Dr, San Elizario · 188 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (915) 584-2875

All counseling agencies in Texas

Help in Spanish near Monahans

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 Monahans

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

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

Cities

Other cities in Winkler County

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

Everything about Winkler County Housing in Texas

Nearby cities

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

Neighboring counties

If Winkler 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 Monahans.

All guides
Three generations of a family gather on the porch of their home.

Questions

Housing questions about Monahans

Short answers with the numbers for Monahans and all of Winkler 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 Monahans?

The typical home value in Monahans is $160,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Winkler County it is $148,200.

How much does it cost to rent in Monahans?

Typical rent in Monahans is $1,110 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Winkler County is $1,109.

What is the FHA loan limit in Monahans?

Monahans uses the FHA limit for all of Winkler 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 Monahans?

The typical homeowner in Monahans pays $867 a year, according to the U.S. Census Bureau. That is 0.54% of the home’s value; in Winkler County, the rate is 0.76%.

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

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