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City · 16,659 residents · Gray County, Texas

Pampa , Texas

In Pampa, a typical home is worth $100,700 and typical rent is $934 a month. Compared with all of Gray County, typical household income is 5% lower.

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  • Typical home value

    $100,700

    2% below the county

    65% below Texas

    • Pampa
    • Gray
    • Texas

  • Typical rent

    $934a month

    About the same as the county

    33% below Texas

    • Pampa
    • Gray
    • Texas

  • Typical household income

    $56,626a year

    5% below the county

    28% below Texas

    • Pampa
    • Gray
    • Texas

  • Households that own their home

    74%

    2 points below the county

    11 points above Texas

    • Pampa
    • Gray
    • Texas

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

Market now, with Zillow data

Zillow data
Typical home value
$110,159
2.6% more than 12 months ago

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

Pampa is in Gray 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 Gray County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Pampa apart

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

  1. Pampa has the 22nd lowest typical home value of the 422 cities in Texas with more than 5,000 people ($100,700).

  2. According to Zillow, in the 12 months to September 2026 the typical home value in Pampa rose 2.6%; in Texas, it fell 1.4%.

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

The homes here

Housing in Pampa

What homes there are in Pampa, 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 is the most common home in Pampa: 86% of homes, near the figure in Gray County (87%).

Year built

By age, homes in Pampa look like those in Gray County: the typical year built is 1961.

Much as in Gray County, 66% of homes in Pampa have 3 bedrooms or more.

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

With an FHA limit of $541,287, at least 99% of owner-occupied homes in Pampa sit below it: they are worth less than $500,000.

Monthly rent with utilities

With a mortgage

$1,232 a month

Gray County: $1,268 a month

Without a mortgage

$475 a month

Gray County: $480 a month

Owners with a mortgage

39%

Gray County: 39%

In Pampa, 39% of owners have a mortgage; their typical cost is $1,232 a month, about the same as in Gray County.

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 Pampa rose 32% since 2015–2019, about the same as in Gray County (33%).

The typical rent in Pampa rose 25% since 2015–2019, about the same as in Gray County (26%).

The typical household income in Pampa rose 22% over that time; home values changed +32% and rent +25%.

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

MeasurePampaGray CountyTexasUnited States
Rental vacancy 18.3%17.7%7.7%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate1.1%0.9%
More than one person per room 4.8%4.3%4.8%3.4%
People per household 2.402.422.692.53
Drive alone 84%85%71%69%
Carpool 9%9%10%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimateUnreliable estimate2%3%
Work from home Unreliable estimate4%14%15%
Other means Unreliable estimateUnreliable estimate2%2%
Typical commute Unreliable estimateUnreliable estimate20 to 29 minutes20 to 29 minutes

In Pampa, the rental vacancy rate is 18.3%, about the same as in Gray County.

In Pampa, 4.8% of households live with more than one person per room, about the same as in Gray County.

Much as in Gray County, a household in Pampa has 2.40 people on average.

To get to work, 84% of workers in Pampa drive alone; in Gray County, 85%.

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 Pampa?

A typical home is within reach of the typical income

We start with a typical home in Pampa, worth $100,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 19% of the typical household income in Pampa, which is $56,626 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Pampa. 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 $3,525 (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

$874

at 7.18% · 30 years

Loan amount
$98,876
Total interest
$142,259
Paid off in
November 2056

Includes $1,701 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,321 a month

    Your payment · 19%

  • Tight

    $1,321 to $1,699 a month

  • Hard

    more than $1,699 a month

Compared with the typical household income in Pampa ($56,626 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$874
Principal & interest$670
Property tax$118
Home insurance$42
FHA mortgage insurance (MIP)$45

You need at least $3,525 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

Pampa and Gray County

Pampa is in Gray 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).

Pampa's own numbers

Typical home value
$100,700
Typical monthly rent
$934
Typical yearly household income
$56,626
Households that own their home
74%
Effective property tax rate
1.4%

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

Numbers for all of Gray County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,083
Price change over 5 years (FHFA)
+44%
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 Gray County.

Everything about Gray County

Buying

Buying a home in Pampa

A typical home in Pampa is worth $100,700: 2% below the county and 65% below Texas. With the typical household income in Pampa ($56,626 a year), a typical home costs 1.8 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.

  • Pampa 1.8 years
  • Gray 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 Gray County

According to FHFA’s house price index, home prices in Gray County rose 45% in the 10 years through 2025.

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

Period County Texas U.S.
Last year (2025) +3.9% +0.8% +2.9%
5 years (2020–2025) +44% +44% +47%
10 years (2015–2025) +45% +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

Pampa next to Gray 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
  • Pampa $100,700
  • Gray $102,900
  • Texas $283,800
  • United States $332,700
Typical monthly rent
  • Pampa $934
  • Gray $933
  • Texas $1,403
  • United States $1,413
Typical yearly household income
  • Pampa $56,626
  • Gray $59,614
  • Texas $78,476
  • United States $80,734
See the full table
Pampa next to Gray County and Texas
Measure Pampa Gray County Texas U.S.
Typical home value $100,700 $102,900 $283,800 $332,700
Typical monthly rent $934 $933 $1,403 $1,413
Typical yearly household income $56,626 $59,614 $78,476 $80,734
Households that own their home 74% 76% 63% 65%
Typical yearly property tax $1,407 $1,408 $4,232 $3,119
Effective property tax rate 1.4% 1.37% 1.49% 0.94%
Renters with high rent for their income 51% 50% 52% 51%

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

For a typical $100,700 home in Pampa, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Pampa's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $874a month

    Least cash to close
    Down payment
    $3,525
    Cash to close
    $6,546
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $45

  • Conventional, 5% down $855a month

    Down payment
    $5,035
    Cash to close
    $8,056
    Rate
    7.18%
    Mortgage insurance
    PMI · $48

  • Conventional, 20% down, no PMI $705a month

    Down payment
    $20,140
    Cash to close
    $23,161
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $798a month

    Down payment
    $15,105
    Cash to close
    $18,126
    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 Pampa and for Gray County.

Property tax

Effective rate in Pampa

1.4%of the home’s value each year

$1,407 a year for the typical owner in Pampa.

  • Pampa 1.4%
  • Gray 1.37%
  • Texas 1.49%

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

Exemptions and deadlines in Texas

Flood risk in Gray County

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

Homes in the high-risk zone
0.8%
73
Of those, with NFIP insurance
2.7%
County Texas U.S.
Homes in the high-risk zone 0.8% 4.1% 3.5%
Of those, with NFIP insurance 2.7% 48% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Pampa

Typical rent in Pampa is $934 a month: about the same as the county. In Pampa, 51% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Gray County, by unit size. To pay the 2-bedroom one ($1,083 a month) without spending more than 30% of your income, you would need to earn $20.83 an hour working full time.

HUD fair market rent for all of Gray 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 $823 $15.83 $32,920
1 bedroom $828 $15.92 $33,120
2 bedrooms $1,083 $20.83 $43,320
3 bedrooms $1,290 $24.81 $51,600
4 bedrooms $1,423 $27.37 $56,920

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 Pampa

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Pampa is in ZIP code 79065.

For 2 bedrooms it is $1,080: $3 less than the fair market rent for Gray County ($1,083).

  • 79065 $1,080$1,290

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

HUD lists 3 buildings with rents for lower incomes in Pampa. These are the largest.

  • Pam Apts 1200 N Wells St, Pampa 79065 96 low-income homes · 1 bd: 42 · 2 bd: 21 · 3 bd: 33 · In service since 1993 · For older adults (806) 669-2594
  • Hampton Villages (PAMPA) 1517 Alcock St, Pampa 79065 76 low-income homes · 2 bd: 14 · 3 bd: 40 · 4 bd: 22
  • Pampa Manor Apts 2700 N Hobart St, Pampa 79065 32 low-income homes · 1 bd: 32 · In service since 1994

See all 4 buildings in Gray County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Pampa

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

A man leans over the armchair where a girl is reading a book.

HUD counseling is free or low-cost

Assistance programs in Pampa

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

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

  • Midland Community Development Corp

    208 S Marienfeld St, Midland · 254 miles away · Spanish

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

  • Odessa Affordable Housing, Inc.

    3801 N Dixie Blvd, Odessa · 266 miles away

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

  • Fort Worth Area Habitat for Humanity Inc

    9333 N Normandale St, Fort Worth · 278 miles away · Spanish

    • Budget and credit workshops
    • Pre-purchase counseling
    • and 1 more
    817-926-9219x119

All counseling agencies in Texas

Help in Spanish near Pampa

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 Pampa

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

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

Cities

Nearby cities

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

Everything about Gray County Housing in Texas

Neighboring counties

If Gray 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 Pampa.

All guides
A couple spread mulch under the avocado trees of their family orchard, he on the tractor and she with a shovel.

Questions

Housing questions about Pampa

Short answers with the numbers for Pampa and all of Gray 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 Pampa?

The typical home value in Pampa is $100,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Gray County it is $102,900.

How much does it cost to rent in Pampa?

Typical rent in Pampa is $934 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Gray County is $1,083.

What is the FHA loan limit in Pampa?

Pampa uses the FHA limit for all of Gray 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 Pampa?

The typical homeowner in Pampa pays $1,407 a year, according to the U.S. Census Bureau. That is 1.4% of the home’s value; in Gray County, the rate is 1.37%.

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

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