In Willow Park, a typical home is worth $374,200 and typical rent is $2,415 a month. Compared with all of Parker County, typical rent is 61% higher and typical household income is 26% higher.
Typical home value from Zillow, September 2021 to September 2026: from $375,019 to $420,661.
Typical rent
$1,957a month
▲ 7.2% more than 12 months ago
Typical rent from Zillow, June 2023 to September 2026: from $1,810 to $1,957.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Willow Park is in Parker County. The FHA loan limit ($563,500 for a one-unit home), the fair market rents and the help on this page are those of all of Parker County. See the county
What this place has that others do not, from public data, most unusual first.
1
The typical rent in Willow Park is $2,415 a month, 61% more than in Parker County as a whole ($1,500).
2
Nearby, in White Settlement, the typical home value is $187,100: 50% less than in Willow Park ($374,200).
3
Nearby, in White Settlement, the typical rent is $1,253: 48% less than in Willow Park ($2,415).
4
The typical household income in Willow Park is $132,045,26% more than in Parker County as a whole ($104,443).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Willow Park
What homes there are in Willow Park, 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
Willow Park
Parker County
Texas
United States
Kind of home: Willow Park and its comparisons
Measure
Willow Park
Parker County
Texas
United States
Detached house
94%
76%
64%
61%
Attached house
Unreliable estimate
2%
3%
6%
Building of 2 to 4
Unreliable estimate
4%
5%
8%
Apartments (5 or more)
Unreliable estimate
5%
21%
19%
Mobile home
Unreliable estimate
13%
6%
6%
Boat, RV and other
Unreliable estimate
1%
0%
0%
The detached house rules in Willow Park: 94% of homes, more than in Parker County (76%).
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Willow Park
Parker County
Texas
United States
Year built: Willow Park and its comparisons
Measure
Willow Park
Parker County
Texas
United States
Before 1960
Unreliable estimate
6%
12%
26%
1960–1979
Unreliable estimate
14%
21%
24%
1980–1999
27%
26%
28%
25%
2000–2009
41%
23%
18%
14%
2010 or later
20%
32%
21%
11%
In Willow Park, half of the homes were built before 2003; in Parker County, before 2002.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300KUnreliable
$300K–$500K64%
$500K–$750K21%
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Willow Park and its comparisons
Measure
Willow Park
Under $100K
Unreliable estimate
$100K–$200K
Unreliable estimate
$200K–$300K
Unreliable estimate
$300K–$500K
64%
$500K–$750K
21%
$750K–$1M
Unreliable
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Willow Park and its comparisons
Measure
Willow Park
Under $500
Unreliable
$500–$999
Unreliable
$1,000–$1,499
Unreliable
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
With a mortgage
$2,452 a month
Parker County: $2,437 a month
Without a mortgage
$769 a month
Parker County: $774 a month
Owners with a mortgage
65%
Parker County: 60%
Owning costs about the same in Willow Park as in Parker County: with a mortgage, $2,452 a month; without one, $769.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Willow Park+58%
Parker County+76%
Texas+65%
United States+53%
Typical rent
Willow ParkNo clear change
Parker County+46%
Texas+34%
United States+33%
Typical household income
Willow Park+30%
Parker County+35%
Texas+27%
United States+29%
Change since 2015–2019: Willow Park and its comparisons
Measure
Willow Park
Parker County
Texas
United States
Typical home value
+58%
+76%
+65%
+53%
Typical rent
No clear change
+46%
+34%
+33%
Typical household income
+30%
+35%
+27%
+29%
From 2015–2019 to 2020–2024, the typical home value in Willow Park rose 58%; in Parker County, it rose 76%.
Rent in Willow Park 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: Willow Park and its comparisons
Measure
Willow Park
Parker County
Texas
United States
Rental vacancy
Unreliable estimate
7.6%
7.7%
5.5%
Homeowner vacancy
Unreliable estimate
1.4%
1.1%
0.9%
More than one person per room
Unreliable estimate
2.5%
4.8%
3.4%
People per household
2.91
2.90
2.69
2.53
Drive alone
77%
76%
71%
69%
Carpool
Unreliable estimate
8%
10%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
Unreliable estimate
1%
2%
3%
Work from home
16%
13%
14%
15%
Other means
Unreliable estimate
1%
2%
2%
Typical commute
20 to 29 minutes
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
A household in Willow Park has 2.91 people on average, about the same as in Parker County (2.90).
To get to work, 77% of workers in Willow Park drive alone; in Parker County, 76%.
Do the math
What would you pay each month for a home in Willow Park?
A typical home is tight for the typical income
We start with a typical home in Willow Park, worth $374,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 30% of the typical household income in Willow Park, which is $132,045 a year. For that payment to be 28% of income, a household would need to earn about $142,232 a year.
The calculator's FHA and conventional loan limits are those of all of Parker 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 Willow Park. 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 $13,097 (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
$3,319
at 7.18% · 30 years
Loan amount
$367,422
Total interest
$528,634
Paid off in
November 2056
Includes $6,319 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $3,081 a month
Tight
$3,081 to $3,961 a month
Your payment · 30%
Hard
more than $3,961 a month
Compared with the typical household income in Willow Park ($132,045 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$2,489
Property tax
$508
Home insurance
$156
FHA mortgage insurance (MIP)
$166
You need at least $13,097 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 $3,319; principal and interest $2,489.
The city and its county
Willow Park and Parker County
Willow Park is in Parker 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).
Willow Park
Map of Parker County, Texas, with Willow Park marked. Around it, the neighboring counties.
Willow Park
Parker County
Other cities with a page
Willow Park's own numbers
Typical home value
$374,200
Typical monthly rent
$2,415
Typical yearly household income
$132,045
Households that own their home
83%
Effective property tax rate
1.63%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Parker County
FHA limit, one-unit home
$563,500
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,745
Price change over 5 years (FHFA)
+51%
Homes in a high flood-risk zone
3.3%
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 Parker County.
A typical home in Willow Park is worth $374,200: about the same as the county and 32% above Texas. With the typical household income in Willow Park ($132,045 a year), a typical home costs 2.8 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.
Willow Park2.8 years
Parker3.6 years
Texas3.6 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Parker County
According to FHFA’s house price index, home prices in Parker County rose 107% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Parker County.
Yearly change in FHFA’s price index in Parker County, 2016 to 2025
2016: +7.5% +7.5% 2016
2017: +7.7% +7.7% 2017
2018: +8.0% +8.0% 2018
2019: +6.2% +6.2% 2019
2020: +3.3% +3.3% 2020
2021: +14.5% +14.5% 2021
2022: +22.3% +22.3% 2022
2023: +3.5% +3.5% 2023
2024: +3.9% +3.9% 2024
2025: +0.3% +0.3% 2025
Change in FHFA’s price index in Parker County, Texas and the United States
Period
County
Texas
U.S.
Last year (2025)
+0.3%
+0.8%
+2.9%
5 years (2020–2025)
+51%
+44%
+47%
10 years (2015–2025)
+107%
+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
Willow Park next to Parker 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
Willow Park$374,200
Parker$375,900
Texas$283,800
United States$332,700
Typical monthly rent
Willow Park$2,415
Parker$1,500
Texas$1,403
United States$1,413
Typical yearly household income
Willow Park$132,045
Parker$104,443
Texas$78,476
United States$80,734
See the full table
Willow Park next to Parker County and Texas
Measure
Willow Park
Parker County
Texas
U.S.
Typical home value
$374,200
$375,900
$283,800
$332,700
Typical monthly rent
$2,415 ▲61% above the county
$1,500
$1,403
$1,413
Typical yearly household income
$132,045 ▲26% above the county
$104,443
$78,476
$80,734
Households that own their home
83% ▲3 points above the county
81%
63%
65%
Typical yearly property tax
$6,114 ▲16% above the county
$5,249
$4,232
$3,119
Effective property tax rate
1.63% ▲0.23 points above the county
1.4%
1.49%
0.94%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Parker 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 Willow Park
For a typical $374,200 home in Willow Park, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Willow Park's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$3,319a month
Least cash to close
Down payment
$13,097
Cash to close
$24,323
Rate
7.18%
Mortgage insurance
FHA MIP · $166
Conventional, 5% down$3,250a month
Down payment
$18,710
Cash to close
$29,936
Rate
7.18%
Mortgage insurance
PMI · $178
Conventional, 20% down, no PMI$2,692a month
Down payment
$74,840
Cash to close
$86,066
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$3,038a month
Down payment
$56,130
Cash to close
$67,356
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Willow Park
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$3,319
$13,097
$367,422
7.18%
FHA MIP · $166
$24,323
580
Conventional, 5% down
$3,250
$18,710
$355,490
7.18%
PMI · $178
$29,936
620*
Conventional, 20% down, no PMI
$2,692
$74,840
$299,360
7.18%
None
$86,066
620*
ITIN, 15% down (example)
$3,038
$56,130
$318,070
8.18%
None
$67,356
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 Willow Park is $2,415 a month: 61% above the county.
HUD publishes a fair market rent for all of Parker County, by unit size. To pay the 2-bedroom one ($1,745 a month) without spending more than 30% of your income, you would need to earn $33.56 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 Parker County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$1,461
$28.10
$58,440
1 bedroom
$1,481
$28.48
$59,240
2 bedrooms
$1,745
$33.56
$69,800
3 bedrooms
$2,284
$43.92
$91,360
4 bedrooms
$2,866
$55.12
$114,640
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 Willow Park
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Willow Park is in ZIP code 76087.
For 2 bedrooms it is $2,040: $295 more than the fair market rent for Parker County ($1,745).
Fair market rent by ZIP code and size in Willow Park, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
76087
$1,700
$1,730
$2,040
$2,670
$3,350
ZIP code2 bd3 bd
76087 $2,040$2,670
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Willow Park 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 Parker 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 Willow Park or Parker County. The ones below are statewide in Texas: they work in Willow Park 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 Willow Park or Parker 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 Willow Park and all of Parker 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 Willow Park?
The typical home value in Willow Park is $374,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Parker County it is $375,900.
How much does it cost to rent in Willow Park?
Typical rent in Willow Park is $2,415 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Parker County is $1,745.
What is the FHA loan limit in Willow Park?
Willow Park uses the FHA limit for all of Parker County (2026): $563,500 for a one-unit home and $1,083,650 for a four-unit home.
How much property tax do owners pay in Willow Park?
The typical homeowner in Willow Park pays $6,114 a year, according to the U.S. Census Bureau. That is 1.63% of the home’s value; in Parker County, the rate is 1.4%.
Where can I find free help to buy or rent in Willow Park?
We found no HUD-approved counseling agencies with an office in Parker County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
