In Slaton, a typical home is worth $84,600 and typical rent is $994 a month. Compared with all of Lubbock County, the typical home value is 60% lower, typical rent is 16% lower, and the share of households that own their home is 24 points higher.
Typical home value from Zillow, September 2021 to September 2026: from $121,300 to $143,269.
Typical rent
$659a month
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Slaton is in Lubbock 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 Lubbock County. See the county
What this place has that others do not, from public data, most unusual first.
1
The typical home in Slaton is worth $84,600,60% less than in Lubbock County as a whole ($214,100).
2
79% of households in Slaton own their home, against 56% in Lubbock County.
3
According to Zillow, in the 12 months to September 2026 the typical home value in Slaton rose 8%; in Texas, it fell 1.4%.
4
Nearby, in Brownfield, the typical rent is $811: 18% less than in Slaton ($994).
5
The typical rent in Slaton is $994 a month, 16% less than in Lubbock County as a whole ($1,178).
Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data
The homes here
Housing in Slaton
What homes there are in Slaton, 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
Slaton
Lubbock County
Texas
United States
Kind of home: Slaton and its comparisons
Measure
Slaton
Lubbock County
Texas
United States
Detached house
82%
66%
64%
61%
Attached house
Unreliable estimate
3%
3%
6%
Building of 2 to 4
Unreliable estimate
8%
5%
8%
Apartments (5 or more)
Unreliable estimate
19%
21%
19%
Mobile home
13%
5%
6%
6%
Boat, RV and other
Unreliable estimate
0%
0%
0%
In Slaton, 8 in 10 homes are single-family detached houses; in Lubbock County, 7.
There are more mobile homes here than in Lubbock County: 13% of homes, against 5%.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Slaton
Lubbock County
Texas
United States
Year built: Slaton and its comparisons
Measure
Slaton
Lubbock County
Texas
United States
Before 1960
47%
17%
12%
26%
1960–1979
34%
27%
21%
24%
1980–1999
9%
23%
28%
25%
2000–2009
Unreliable estimate
15%
18%
14%
2010 or later
Unreliable estimate
18%
21%
11%
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100K64%
$100K–$200K24%
$200K–$300KUnreliable
$300K–$500KUnreliable
$500K–$750KUnreliable
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Slaton and its comparisons
Measure
Slaton
Under $100K
64%
$100K–$200K
24%
$200K–$300K
Unreliable estimate
$300K–$500K
Unreliable estimate
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable
$1M or more
Unreliable
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99943%
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Slaton and its comparisons
Measure
Slaton
Under $500
Unreliable estimate
$500–$999
43%
$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
$1,157 a month
Lubbock County: $1,787 a month
Without a mortgage
$461 a month
Lubbock County: $654 a month
Owners with a mortgage
44%
Lubbock County: 56%
The typical cost for an owner with a mortgage in Slaton is $1,157 a month, less than in Lubbock County ($1,787); without one, $461.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
SlatonNo clear change
Lubbock County+52%
Texas+65%
United States+53%
Typical rent
SlatonNo clear change
Lubbock County+25%
Texas+34%
United States+33%
Typical household income
Slaton+56%
Lubbock County+22%
Texas+27%
United States+29%
Change since 2015–2019: Slaton and its comparisons
Measure
Slaton
Lubbock County
Texas
United States
Typical home value
No clear change
+52%
+65%
+53%
Typical rent
No clear change
+25%
+34%
+33%
Typical household income
+56%
+22%
+27%
+29%
From 2015–2019 to 2020–2024, the typical home value in Slaton did not change clearly: the difference is within the Census margin of error.
Rent in Slaton moved so little since 2015–2019 that the Census cannot say whether it rose or fell.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Slaton and its comparisons
Measure
Slaton
Lubbock County
Texas
United States
Rental vacancy
Unreliable estimate
7.8%
7.7%
5.5%
Homeowner vacancy
Unreliable estimate
0.9%
1.1%
0.9%
More than one person per room
Unreliable estimate
2.7%
4.8%
3.4%
People per household
2.75
2.42
2.69
2.53
Drive alone
83%
78%
71%
69%
Carpool
8%
11%
10%
9%
Public transit
Unreliable estimate
1%
1%
3%
Walk or bike
Unreliable estimate
2%
2%
3%
Work from home
Unreliable estimate
7%
14%
15%
Other means
Unreliable estimate
1%
2%
2%
Typical commute
20 to 29 minutes
10 to 19 minutes
20 to 29 minutes
20 to 29 minutes
Households in Slaton are bigger: 2.75 people on average; in Lubbock County, 2.42.
In Slaton, 83% of workers drive alone to work; in Lubbock County, 78%.
Do the math
What would you pay each month for a home in Slaton?
A typical home is within reach of the typical income
We start with a typical home in Slaton, worth $84,600, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 16% of the typical household income in Slaton, which is $56,676 a year.
The calculator's FHA and conventional loan limits are those of all of Lubbock 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 Slaton. 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 $2,961 (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
$752
at 7.18% · 30 years
Loan amount
$83,068
Total interest
$119,515
Paid off in
November 2056
Includes $1,429 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,322 a month
Your payment · 16%
Tight
$1,322 to $1,700 a month
Hard
more than $1,700 a month
Compared with the typical household income in Slaton ($56,676 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$563
Property tax
$116
Home insurance
$35
FHA mortgage insurance (MIP)
$37
You need at least $2,961 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 $752; principal and interest $563.
The city and its county
Slaton and Lubbock County
Slaton is in Lubbock 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).
Slaton
Map of Lubbock County, Texas, with Slaton marked. Around it, the neighboring counties.
Slaton
Lubbock County
Other cities with a page
Slaton's own numbers
Typical home value
$84,600
Typical monthly rent
$994
Typical yearly household income
$56,676
Households that own their home
79%
Effective property tax rate
1.65%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Lubbock County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,241
Price change over 5 years (FHFA)
+35%
Homes in a high flood-risk zone
5.4%
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 Lubbock County.
A typical home in Slaton is worth $84,600: 60% below the county and 70% below Texas. With the typical household income in Slaton ($56,676 a year), a typical home costs 1.5 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.
Slaton1.5 years
Lubbock3.3 years
Texas3.6 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Lubbock County
According to FHFA’s house price index, home prices in Lubbock County rose 59% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Lubbock County.
Yearly change in FHFA’s price index in Lubbock County, 2016 to 2025
2016: +3.5% +3.5% 2016
2017: +2.9% +2.9% 2017
2018: +3.9% +3.9% 2018
2019: +3.8% +3.8% 2019
2020: +2.9% +2.9% 2020
2021: +10.4% +10.4% 2021
2022: +15.0% +15.0% 2022
2023: +3.4% +3.4% 2023
2024: +1.2% +1.2% 2024
2025: +1.3% +1.3% 2025
Change in FHFA’s price index in Lubbock County, Texas and the United States
Period
County
Texas
U.S.
Last year (2025)
+1.3%
+0.8%
+2.9%
5 years (2020–2025)
+35%
+44%
+47%
10 years (2015–2025)
+59%
+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
Slaton next to Lubbock 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
Slaton$84,600
Lubbock$214,100
Texas$283,800
United States$332,700
Typical monthly rent
Slaton$994
Lubbock$1,178
Texas$1,403
United States$1,413
Typical yearly household income
Slaton$56,676
Lubbock$64,155
Texas$78,476
United States$80,734
See the full table
Slaton next to Lubbock County and Texas
Measure
Slaton
Lubbock County
Texas
U.S.
Typical home value
$84,600 ▼60% below the county
$214,100
$283,800
$332,700
Typical monthly rent
$994 ▼16% below the county
$1,178
$1,403
$1,413
Typical yearly household income
$56,676 ▼12% below the county
$64,155
$78,476
$80,734
Households that own their home
79% ▲24 points above the county
56%
63%
65%
Typical yearly property tax
$1,398 ▼57% below the county
$3,241
$4,232
$3,119
Effective property tax rate
1.65% ▲0.14 points above the county
1.51%
1.49%
0.94%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Lubbock 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 Slaton
For a typical $84,600 home in Slaton, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Slaton's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$752a month
Least cash to close
Down payment
$2,961
Cash to close
$5,499
Rate
7.18%
Mortgage insurance
FHA MIP · $37
Conventional, 5% down$736a month
Down payment
$4,230
Cash to close
$6,768
Rate
7.18%
Mortgage insurance
PMI · $40
Conventional, 20% down, no PMI$610a month
Down payment
$16,920
Cash to close
$19,458
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$688a month
Down payment
$12,690
Cash to close
$15,228
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Slaton
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$752
$2,961
$83,068
7.18%
FHA MIP · $37
$5,499
580
Conventional, 5% down
$736
$4,230
$80,370
7.18%
PMI · $40
$6,768
620*
Conventional, 20% down, no PMI
$610
$16,920
$67,680
7.18%
None
$19,458
620*
ITIN, 15% down (example)
$688
$12,690
$71,910
8.18%
None
$15,228
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 Slaton is $994 a month: 16% below the county.
HUD publishes a fair market rent for all of Lubbock County, by unit size. To pay the 2-bedroom one ($1,241 a month) without spending more than 30% of your income, you would need to earn $23.87 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 Lubbock County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$893
$17.17
$35,720
1 bedroom
$1,050
$20.19
$42,000
2 bedrooms
$1,241
$23.87
$49,640
3 bedrooms
$1,718
$33.04
$68,720
4 bedrooms
$2,053
$39.48
$82,120
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 Slaton
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Slaton is in ZIP code 79364.
For 2 bedrooms it is $1,090: $151 less than the fair market rent for Lubbock County ($1,241).
Fair market rent by ZIP code and size in Slaton, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
79364
$780
$920
$1,090
$1,510
$1,800
ZIP code2 bd3 bd
79364 $1,090$1,510
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Slaton 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 3 buildings with rents for lower incomes in Slaton. These are the largest.
Unnamed1100 S 7th St, Slaton 7936470 low-income homes · Run by Housing Authority of Slaton · Average payment: $394 a month · Average wait: 18 months(806) 828-3395
Farmhouse Row15003 FM 400, Slaton 7936448 low-income homes · For older adults, people with disabilities, families, people experiencing homelessness
Antelope Ridge Apts1000 N 20th St, Slaton 7936425 homes, 24 low-income · 1 bd: 20 · 2 bd: 5 · In service since 1995
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 Lubbock 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 Slaton or Lubbock County. The ones below are statewide in Texas: they work in Slaton 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 Slaton or Lubbock 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 Slaton and all of Lubbock 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 Slaton?
The typical home value in Slaton is $84,600, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Lubbock County it is $214,100.
How much does it cost to rent in Slaton?
Typical rent in Slaton is $994 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Lubbock County is $1,241.
What is the FHA loan limit in Slaton?
Slaton uses the FHA limit for all of Lubbock 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 Slaton?
The typical homeowner in Slaton pays $1,398 a year, according to the U.S. Census Bureau. That is 1.65% of the home’s value; in Lubbock County, the rate is 1.51%.
Where can I find free help to buy or rent in Slaton?
We found no HUD-approved counseling agencies with an office in Lubbock County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
