Cambridge / Locust, TX

Neighborhood

Rent in Cambridge / Locust

Median Gross Rent

$1,486

Rent-to-Income Ratio

25.4%

Renter Share

18.9%

Median Renter Income

$81,643

Avg Household Size

1.6

Gross Rent Distribution

How monthly rents are spread across the area. Helps you understand the typical rent range and where most units fall.

Under $1,000: 20.1%
$1,000-$1,500: 16.5%
$1,500-$2,000: 34.8%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 28.7%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Rent Burden

Share of renters spending a given portion of their income on rent. Spending 30%+ is considered cost-burdened by HUD standards.

Under 20% (comfortable): 26.2%
20-30% (moderate): 13.4%
30-50% (cost-burdened): 6.1%
50%+ (severely cost-burdened): 25.6%
Not Computed: 28.7%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Renters vs. Owners Median Income

Compares the median income of renter households to owner households in the same area.

Owner Households: $120,417
Renter Households: $81,643

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Contract Rent Distribution

Monthly rent before utilities. Compare with Gross Rent to estimate typical utility costs in the area.

Under $1,000: 32.3%
$1,000-$1,500: 13.4%
$1,500-$2,000: 25.6%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 28.7%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Nearby Neighborhoods in Cambridge / Locust

Fink / Warner Junction

Cedar Mills / Sherwood Shores