In Stephenville, a typical home is worth $241,300 and typical rent is $1,134 a month. Compared with all of Erath County, typical household income is 19% lower, the typical home value is 10% lower, and the share of households that own their home is 19 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $256,982 to $320,057.
Typical rent
$1,000a month
▲ 2.5% more than 12 months ago
Typical rent from Zillow, March 2023 to September 2026: from $913 to $1,000.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Stephenville is in Erath 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 Erath County. See the county
What this place has that others do not, from public data, most unusual first.
1
44% of households in Stephenville own their home, against 63% in Erath County.
2
Nearby, in Mineral Wells, the typical home value is $161,300: 33% less than in Stephenville ($241,300).
3
The typical household income in Stephenville is $53,015,19% less than in Erath County as a whole ($65,115).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Stephenville
What homes there are in Stephenville, 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
Stephenville
Erath County
Texas
United States
Kind of home: Stephenville and its comparisons
Measure
Stephenville
Erath County
Texas
United States
Detached house
57%
66%
64%
61%
Attached house
4%
2%
3%
6%
Building of 2 to 4
10%
5%
5%
8%
Apartments (5 or more)
23%
12%
21%
19%
Mobile home
6%
15%
6%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
Detached houses are the majority in Stephenville (57%), but less so than in Erath County (66%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Stephenville
Erath County
Texas
United States
Year built: Stephenville and its comparisons
Measure
Stephenville
Erath County
Texas
United States
Before 1960
19%
16%
12%
26%
1960–1979
26%
21%
21%
24%
1980–1999
23%
26%
28%
25%
2000–2009
11%
15%
18%
14%
2010 or later
21%
22%
21%
11%
The typical home in Stephenville was built in 1984, 7 years before the typical one in Erath County.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K18%
$100K–$200K22%
$200K–$300K31%
$300K–$500K22%
$500K–$750KUnreliable
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Stephenville and its comparisons
Measure
Stephenville
Under $100K
18%
$100K–$200K
22%
$200K–$300K
31%
$300K–$500K
22%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
At least 92% of owner-occupied homes in Stephenville are worth less than $500,000, below the FHA loan limit for Erath County ($541,287).
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99940%
$1,000–$1,49932%
$1,500–$1,99918%
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Stephenville and its comparisons
Measure
Stephenville
Under $500
Unreliable estimate
$500–$999
40%
$1,000–$1,499
32%
$1,500–$1,999
18%
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
With a mortgage
$1,384 a month
Erath County: $1,790 a month
Without a mortgage
$718 a month
Erath County: $645 a month
Owners with a mortgage
55%
Erath County: 48%
The typical cost for an owner with a mortgage in Stephenville is $1,384 a month, less than in Erath County ($1,790); without one, $718.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Stephenville+71%
Erath County+68%
Texas+65%
United States+53%
Typical rent
Stephenville+23%
Erath County+26%
Texas+34%
United States+33%
Typical household income
StephenvilleNo clear change
Erath County+24%
Texas+27%
United States+29%
Change since 2015–2019: Stephenville and its comparisons
Measure
Stephenville
Erath County
Texas
United States
Typical home value
+71%
+68%
+65%
+53%
Typical rent
+23%
+26%
+34%
+33%
Typical household income
No clear change
+24%
+27%
+29%
Much as in Erath County, the typical home value in Stephenville rose 71% since 2015–2019.
The typical rent in Stephenville rose 23% over the same time; in Erath County, it rose 26%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Stephenville and its comparisons
Measure
Stephenville
Erath County
Texas
United States
Rental vacancy
7.8%
7.4%
7.7%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
1.1%
0.9%
More than one person per room
2.9%
2.7%
4.8%
3.4%
People per household
2.20
2.39
2.69
2.53
Drive alone
76%
76%
71%
69%
Carpool
10%
10%
10%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
9%
5%
2%
3%
Work from home
4%
7%
14%
15%
Other means
Unreliable estimate
2%
2%
2%
Typical commute
10 to 19 minutes
10 to 19 minutes
20 to 29 minutes
20 to 29 minutes
Much as in Erath County, the rental vacancy rate in Stephenville is 7.8%.
In Stephenville, 2.9% of households live with more than one person per room, about the same as in Erath County.
Fewer people live in each home here: 2.20 on average, against 2.39 in Erath County.
More people walk or bike to work in Stephenville: 9%, against 5% in Erath County.
Do the math
What would you pay each month for a home in Stephenville?
A typical home costs more than the typical income allows
We start with a typical home in Stephenville, worth $241,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 47% of the typical household income in Stephenville, which is $53,015 a year. For that payment to be 28% of income, a household would need to earn about $89,132 a year.
The calculator's FHA and conventional loan limits are those of all of Erath 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 Stephenville. 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 $8,446 (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
$2,080
at 7.18% · 30 years
Loan amount
$236,929
Total interest
$340,885
Paid off in
November 2056
Includes $4,075 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,237 a month
Tight
$1,237 to $1,590 a month
Hard
more than $1,590 a month
Your payment · 47%
Compared with the typical household income in Stephenville ($53,015 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,605
Property tax
$267
Home insurance
$101
FHA mortgage insurance (MIP)
$107
You need at least $8,446 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 $2,080; principal and interest $1,605.
The city and its county
Stephenville and Erath County
Stephenville is in Erath 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).
Stephenville
Map of Erath County, Texas, with Stephenville marked. Around it, the neighboring counties.
Stephenville
Erath County
Other cities with a page
Stephenville's own numbers
Typical home value
$241,300
Typical monthly rent
$1,134
Typical yearly household income
$53,015
Households that own their home
44%
Effective property tax rate
1.33%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Erath County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,260
Price change over 5 years (FHFA)
+70%
Homes in a high flood-risk zone
1.7%
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 Erath County.
A typical home in Stephenville is worth $241,300: 10% below the county and 15% below Texas. With the typical household income in Stephenville ($53,015 a year), a typical home costs 4.6 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.
Stephenville4.6 years
Erath4.1 years
Texas3.6 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Erath County
According to FHFA’s house price index, home prices in Erath County rose 115% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Erath County.
Yearly change in FHFA’s price index in Erath County, 2016 to 2025
2016: +3.6% +3.6% 2016
2017: +4.8% +4.8% 2017
2018: +5.7% +5.7% 2018
2019: +4.6% +4.6% 2019
2020: +5.4% +5.4% 2020
2021: +12.7% +12.7% 2021
2022: +24.0% +24.0% 2022
2023: +8.6% +8.6% 2023
2024: +7.7% +7.7% 2024
2025: +4.1% +4.1% 2025
Change in FHFA’s price index in Erath County, Texas and the United States
Period
County
Texas
U.S.
Last year (2025)
+4.1%
+0.8%
+2.9%
5 years (2020–2025)
+70%
+44%
+47%
10 years (2015–2025)
+115%
+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
Stephenville next to Erath 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
Stephenville$241,300
Erath$269,100
Texas$283,800
United States$332,700
Typical monthly rent
Stephenville$1,134
Erath$1,146
Texas$1,403
United States$1,413
Typical yearly household income
Stephenville$53,015
Erath$65,115
Texas$78,476
United States$80,734
See the full table
Stephenville next to Erath County and Texas
Measure
Stephenville
Erath County
Texas
U.S.
Typical home value
$241,300 ▼10% below the county
$269,100
$283,800
$332,700
Typical monthly rent
$1,134
$1,146
$1,403
$1,413
Typical yearly household income
$53,015 ▼19% below the county
$65,115
$78,476
$80,734
Households that own their home
44% ▼19 points below the county
63%
63%
65%
Typical yearly property tax
$3,211 ▲11% above the county
$2,887
$4,232
$3,119
Effective property tax rate
1.33% ▲0.26 points above the county
1.07%
1.49%
0.94%
Renters with high rent for their income
58% ▲2 points above the county
56%
52%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Erath 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 Stephenville
For a typical $241,300 home in Stephenville, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Stephenville's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$2,080a month
Least cash to close
Down payment
$8,446
Cash to close
$15,685
Rate
7.18%
Mortgage insurance
FHA MIP · $107
Conventional, 5% down$2,036a month
Down payment
$12,065
Cash to close
$19,304
Rate
7.18%
Mortgage insurance
PMI · $115
Conventional, 20% down, no PMI$1,676a month
Down payment
$48,260
Cash to close
$55,499
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,899a month
Down payment
$36,195
Cash to close
$43,434
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Stephenville
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$2,080
$8,446
$236,929
7.18%
FHA MIP · $107
$15,685
580
Conventional, 5% down
$2,036
$12,065
$229,235
7.18%
PMI · $115
$19,304
620*
Conventional, 20% down, no PMI
$1,676
$48,260
$193,040
7.18%
None
$55,499
620*
ITIN, 15% down (example)
$1,899
$36,195
$205,105
8.18%
None
$43,434
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 Stephenville is $1,134 a month: about the same as the county. In Stephenville, 58% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Erath County, by unit size. To pay the 2-bedroom one ($1,260 a month) without spending more than 30% of your income, you would need to earn $24.23 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 Erath County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$877
$16.87
$35,080
1 bedroom
$963
$18.52
$38,520
2 bedrooms
$1,260
$24.23
$50,400
3 bedrooms
$1,745
$33.56
$69,800
4 bedrooms
$1,935
$37.21
$77,400
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 Stephenville
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Stephenville has 2 ZIP codes with their own.
For 2 bedrooms it is $1,260 in all of them.
None is above the fair market rent for Erath County ($1,260).
Fair market rent by ZIP code and size in Stephenville, fiscal year 2027.
76401
$880
$960
$1,260
$1,740
$1,930
76402
$880
$960
$1,260
$1,740
$1,930
ZIP code2 bd3 bd
76401 $1,260$1,740
76402 $1,260$1,740
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Stephenville 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 Stephenville. These are the largest.
Stephenville Crossing1300 W Hyman St, Stephenville 7640186 low-income homes · Studio: 22 · 1 bd: 64 · For older adults, people with disabilities, families, people experiencing homelessness(254) 965-6964
Riverwalk Townhomes1001 E Washington St, Stephenville 7640176 low-income homes · In service since 2004
Bunker Hill Senior Village1801 W Lingleville Rd, Stephenville 7640144 low-income homes · In service since 2003 · For older adults
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 Erath 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 Stephenville or Erath County. The ones below are statewide in Texas: they work in Stephenville 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).
The HUD-approved agencies closest to the center of Stephenville, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
FW
Fort Worth Area Habitat for Humanity Inc
9333 N Normandale St, Fort Worth · 56 miles away · Spanish
No legal help resource on our list is for Stephenville or Erath 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 Stephenville and all of Erath 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 Stephenville?
The typical home value in Stephenville is $241,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Erath County it is $269,100.
How much does it cost to rent in Stephenville?
Typical rent in Stephenville is $1,134 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Erath County is $1,260.
What is the FHA loan limit in Stephenville?
Stephenville uses the FHA limit for all of Erath 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 Stephenville?
The typical homeowner in Stephenville pays $3,211 a year, according to the U.S. Census Bureau. That is 1.33% of the home’s value; in Erath County, the rate is 1.07%.
Where can I find free help to buy or rent in Stephenville?
We found no HUD-approved counseling agencies with an office in Erath County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
