Bonham, TX

Rent in Bonham

Median Gross Rent

$1,735

Rent-to-Income Ratio

24.8%

Renter Share

40.6%

Median Renter Income

$82,962

Avg Household Size

2.3

Median Rent by Bedrooms

Median monthly rent by number of bedrooms. Shows how rent scales with unit size in the area.

2 Bedrooms: $1,702
3 Bedrooms: $1,948
4 Bedrooms: $2,372

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

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: 16.9%
$1,000-$1,500: 11.6%
$1,500-$2,000: 44.2%
$2,000-$2,500: 20.5%
$2,500+: 5.4%
No Cash Rent: 1.4%

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): 22.3%
20-30% (moderate): 37.9%
30-50% (cost-burdened): 16.9%
50%+ (severely cost-burdened): 19.9%
Not Computed: 3.0%

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: $104,776
Renter Households: $82,962

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: 16.9%
$1,000-$1,500: 35.5%
$1,500-$2,000: 40.7%
$2,000-$2,500: 5.4%
$2,500+: 0.0%
No Cash Rent: 1.4%

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