The median home in Elgin, Texas is valued at $273,373, down 7.1% year over year. Typical monthly rent is $1,706, producing a price-to-rent ratio of 13.4x — below the national average of 18x. Elgin is part of the Austin-Round Rock-Georgetown, TX metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Austin-Round Rock-Georgetown, TX stress score, crash risk, and 12-month forecast →

Home Value$273,373

-7.1%

Rent$1,706/mo

AFFORDABILITY

Enter your income for Elgin.

Income (annual)

Down Payment

$54,675 on $273,373

Stretch — 32.7% of income

Above 28% but manageable with cuts.

PITI$2,042

P/I32.7%

Afford$234K

Gap-$39K

P&I $1,382Tax $410Ins $250

Renting $336/mo cheaper ($1,706 rent)6.50% 30yr, 20% down, county tax + TX ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Texas

Compare Elgin with other housing markets across Texas.

Westlake$3067K Highland Park$2847K Westover Hills$2586K University Park$2375K Rollingwood$2252K West Lake Hills$1988K Bartonville$1362K Southlake$1256K

Full Austin-Round Rock-Georgetown, TX analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Austin-Round Rock-Georgetown, TX metro.

View Austin-Round Rock-Georgetown, TX metro →

ELGIN, TX