In Tyler, a typical home is worth $235,300 and typical rent is $1,252 a month. Compared with all of Smith County, typical household income is 9% lower and the share of households that own their home is 13 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $204,091 to $249,480.
Typical rent
$1,259a month
▲ 1.8% more than 12 months ago
Typical rent from Zillow, September 2021 to September 2026: from $1,082 to $1,259.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Tyler is in Smith 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 Smith County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Jacksonville, the typical home value is $119,800: 49% less than in Tyler ($235,300).
2
Nearby, in Jacksonville, the typical rent is $908: 27% less than in Tyler ($1,252).
3
55% of households in Tyler own their home, against 69% in Smith County.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Tyler
What homes there are in Tyler, 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
Tyler
Smith County
Texas
United States
Kind of home: Tyler and its comparisons
Measure
Tyler
Smith County
Texas
United States
Detached house
62%
68%
64%
61%
Attached house
4%
3%
3%
6%
Building of 2 to 4
7%
6%
5%
8%
Apartments (5 or more)
25%
13%
21%
19%
Mobile home
2%
11%
6%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
Detached houses are the majority in Tyler (62%), but less so than in Smith County (68%).
Year built
Before 19601960–19791980–19992000–20092010 or later
Tyler
Smith County
Texas
United States
Year built: Tyler and its comparisons
Measure
Tyler
Smith County
Texas
United States
Before 1960
26%
18%
12%
26%
1960–1979
26%
24%
21%
24%
1980–1999
21%
26%
28%
25%
2000–2009
14%
17%
18%
14%
2010 or later
12%
16%
21%
11%
Homes in Tyler are older: the typical year built is 1978; in Smith County, 1986.
Homes in Tyler are smaller: 58% have 3 bedrooms or more; in Smith County, 66%.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limit
Under $100K15%
$100K–$200K25%
$200K–$300K25%
$300K–$500K24%
$500K–$750K8%
FHA limit: $541,287
$750K–$1M2%
$1M or more2%
Value of owner-occupied homes: Tyler and its comparisons
Measure
Tyler
Under $100K
15%
$100K–$200K
25%
$200K–$300K
25%
$300K–$500K
24%
$500K–$750K
8%
$750K–$1M
2%
$1M or more
2%
By price, most homes in Tyler sit under the FHA limit for Smith County ($541,287): about 90%.
Monthly rent with utilities
Under the limitOver the limit
Under $5005%
$500–$99924%
$1,000–$1,49939%
HUD fair market rent, 2 bedrooms: $1,277
$1,500–$1,99923%
$2,000–$2,4996%
$2,500–$2,9992%
$3,000 or more1%
Monthly rent with utilities: Tyler and its comparisons
Measure
Tyler
Under $500
5%
$500–$999
24%
$1,000–$1,499
39%
$1,500–$1,999
23%
$2,000–$2,499
6%
$2,500–$2,999
2%
$3,000 or more
1%
HUD's 2-bedroom fair market rent (FMR) for Smith County is $1,277: about 50% of rents in Tyler are below it.
With a mortgage
$1,743 a month
Smith County: $1,727 a month
Without a mortgage
$664 a month
Smith County: $630 a month
Owners with a mortgage
55%
Smith County: 53%
Owning costs about the same in Tyler as in Smith County: with a mortgage, $1,743 a month; without one, $664.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Tyler+47%
Smith County+52%
Texas+65%
United States+53%
Typical rent
Tyler+36%
Smith County+32%
Texas+34%
United States+33%
Typical household income
Tyler+28%
Smith County+31%
Texas+27%
United States+29%
Change since 2015–2019: Tyler and its comparisons
Measure
Tyler
Smith County
Texas
United States
Typical home value
+47%
+52%
+65%
+53%
Typical rent
+36%
+32%
+34%
+33%
Typical household income
+28%
+31%
+27%
+29%
The typical home value in Tyler rose 47% since 2015–2019, less than in Smith County (52%).
The typical rent in Tyler rose 36% over the same time; in Smith County, it rose 32%.
Housing prices ran ahead of income in Tyler: typical income rose 28%, against +47% for home values and +36% for rent.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Tyler and its comparisons
Measure
Tyler
Smith County
Texas
United States
Rental vacancy
18.9%
17.4%
7.7%
5.5%
Homeowner vacancy
Unreliable estimate
0.8%
1.1%
0.9%
More than one person per room
4.2%
3.9%
4.8%
3.4%
People per household
2.70
2.83
2.69
2.53
Drive alone
79%
78%
71%
69%
Carpool
9%
10%
10%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
2%
1%
2%
3%
Work from home
8%
9%
14%
15%
Other means
2%
2%
2%
2%
Typical commute
10 to 19 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
The rental vacancy rate in Tyler is 18.9%, higher than in Smith County (17.4%).
More than one person per room: that is how 4.2% of households in Tyler live, near the figure in Smith County (3.9%).
By size, households in Tyler look like those in Smith County: 2.70 people on average.
To get to work, 79% of workers in Tyler drive alone; in Smith County, 78%.
Do the math
What would you pay each month for a home in Tyler?
A typical home is tight for the typical income
We start with a typical home in Tyler, worth $235,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 36% of the typical household income in Tyler, which is $67,486 a year. For that payment to be 28% of income, a household would need to earn about $85,571 a year.
The calculator's FHA and conventional loan limits are those of all of Smith 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 Tyler. 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 $8,236 (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
$1,997
at 7.18% · 30 years
Loan amount
$231,038
Total interest
$332,409
Paid off in
November 2056
Includes $3,974 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,575 a month
Tight
$1,575 to $2,025 a month
Your payment · 36%
Hard
more than $2,025 a month
Compared with the typical household income in Tyler ($67,486 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,565
Property tax
$229
Home insurance
$98
FHA mortgage insurance (MIP)
$104
You need at least $8,236 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 $1,997; principal and interest $1,565.
The city and its county
Tyler and Smith County
Tyler is in Smith 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).
Tyler
Map of Smith County, Texas, with Tyler marked. Around it, the neighboring counties.
Tyler
Smith County
Other cities with a page
Tyler's own numbers
Typical home value
$235,300
Typical monthly rent
$1,252
Typical yearly household income
$67,486
Households that own their home
55%
Effective property tax rate
1.17%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Smith County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,277
Price change over 5 years (FHFA)
+48%
Homes in a high flood-risk zone
0.9%
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 Smith County.
A typical home in Tyler is worth $235,300: 2% below the county and 17% below Texas. With the typical household income in Tyler ($67,486 a year), a typical home costs 3.5 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.
Tyler3.5 years
Smith3.2 years
Texas3.6 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Smith County
According to FHFA’s house price index, home prices in Smith County rose 84% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Smith County.
Yearly change in FHFA’s price index in Smith County, 2016 to 2025
2016: +4.1% +4.1% 2016
2017: +4.1% +4.1% 2017
2018: +5.8% +5.8% 2018
2019: +4.1% +4.1% 2019
2020: +4.5% +4.5% 2020
2021: +12.6% +12.6% 2021
2022: +19.9% +19.9% 2022
2023: +7.3% +7.3% 2023
2024: +0.3% +0.3% 2024
2025: +1.9% +1.9% 2025
Change in FHFA’s price index in Smith County, Texas and the United States
Period
County
Texas
U.S.
Last year (2025)
+1.9%
+0.8%
+2.9%
5 years (2020–2025)
+48%
+44%
+47%
10 years (2015–2025)
+84%
+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
Tyler next to Smith 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
Tyler$235,300
Smith$240,700
Texas$283,800
United States$332,700
Typical monthly rent
Tyler$1,252
Smith$1,238
Texas$1,403
United States$1,413
Typical yearly household income
Tyler$67,486
Smith$74,192
Texas$78,476
United States$80,734
See the full table
Tyler next to Smith County and Texas
Measure
Tyler
Smith County
Texas
U.S.
Typical home value
$235,300 ▼2% below the county
$240,700
$283,800
$332,700
Typical monthly rent
$1,252
$1,238
$1,403
$1,413
Typical yearly household income
$67,486 ▼9% below the county
$74,192
$78,476
$80,734
Households that own their home
55% ▼13 points below the county
69%
63%
65%
Typical yearly property tax
$2,751
$2,804
$4,232
$3,119
Effective property tax rate
1.17% ▲0.01 points above the county
1.16%
1.49%
0.94%
Renters with high rent for their income
49% ▲1 points above the county
48%
52%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Smith 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 Tyler
For a typical $235,300 home in Tyler, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Tyler's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,997a month
Least cash to close
Down payment
$8,236
Cash to close
$15,295
Rate
7.18%
Mortgage insurance
FHA MIP · $104
Conventional, 5% down$1,954a month
Down payment
$11,765
Cash to close
$18,824
Rate
7.18%
Mortgage insurance
PMI · $112
Conventional, 20% down, no PMI$1,603a month
Down payment
$47,060
Cash to close
$54,119
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,820a month
Down payment
$35,295
Cash to close
$42,354
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Tyler
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,997
$8,236
$231,038
7.18%
FHA MIP · $104
$15,295
580
Conventional, 5% down
$1,954
$11,765
$223,535
7.18%
PMI · $112
$18,824
620*
Conventional, 20% down, no PMI
$1,603
$47,060
$188,240
7.18%
None
$54,119
620*
ITIN, 15% down (example)
$1,820
$35,295
$200,005
8.18%
None
$42,354
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 Tyler is $1,252 a month: about the same as the county. In Tyler, 49% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Smith County, by unit size. To pay the 2-bedroom one ($1,277 a month) without spending more than 30% of your income, you would need to earn $24.56 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 Smith County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$948
$18.23
$37,920
1 bedroom
$1,041
$20.02
$41,640
2 bedrooms
$1,277
$24.56
$51,080
3 bedrooms
$1,718
$33.04
$68,720
4 bedrooms
$1,855
$35.67
$74,200
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 Tyler
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Tyler has 4 ZIP codes with their own.
For 2 bedrooms it runs from $1,210 in 75702 to $1,440 in 75703.
3 of the 4 are above the fair market rent for Smith County ($1,277).
2-bedroom fair market rent in each of the 4 ZIP codes of Tyler, beside the one for Smith County. For 2 bedrooms it runs from $1,210 in 75702 to $1,440 in 75703. 3 of the 4 are above the fair market rent for Smith County ($1,277).
2-bedroom fair market rent in each ZIP code
Each line is one ZIP code: in color, those above the county's fair market rent; in gray, the rest.
County: $1,277
Lowest: $1,210 (75702)Highest: $1,440 (75703)
Fair market rent by ZIP code and size in Tyler, fiscal year 2027.
75701
$990
$1,090
$1,340
$1,800
$1,950
75702
$890
$990
$1,210
$1,620
$1,790
75703
$1,070
$1,170
$1,440
$1,940
$2,090
75711
$990
$1,090
$1,340
$1,800
$1,950
ZIP code2 bd3 bd
75701 $1,340$1,800
75702 $1,210$1,620
75703 $1,440$1,940
75711 $1,340$1,800
2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Tyler 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)
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 Smith 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 Tyler or Smith County. The ones below are statewide in Texas: they work in Tyler 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 Tyler or Smith 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 Tyler and all of Smith 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 Tyler?
The typical home value in Tyler is $235,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Smith County it is $240,700.
How much does it cost to rent in Tyler?
Typical rent in Tyler is $1,252 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Smith County is $1,277.
What is the FHA loan limit in Tyler?
Tyler uses the FHA limit for all of Smith 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 Tyler?
The typical homeowner in Tyler pays $2,751 a year, according to the U.S. Census Bureau. That is 1.17% of the home’s value; in Smith County, the rate is 1.16%.
Where can I find free help to buy or rent in Tyler?
We found no HUD-approved counseling agencies with an office in Smith County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
