Chicago · Registered nurse · $98,500 · One adult, renting a 1-bedroomSaved on this device

Chicago · Registered nurse · $98,500 · One adult, renting a 1-bedroom

El Paso, TX

Housing in El Paso, TX: Rent, Home Prices & Property Tax

$1,008/mo (1 bd) in El Paso. Median home $167,000. Property tax 2.10%.

Compare vs Chicago Rank metros from El PasoHow we figure this

Rent (1 bd): $1,008; /mo
Buy: $1,290; Mortgage, tax, insurance
Buying costs more: $282; /mo

State tax and rent

To buy

20% down payment$33,400
Mortgage at 6.5%$844
Property tax (2.10% of value)$292/mo · $3,507/yr
Insurance and upkeep$153
Monthly total$1,290

48.4% of renters spend 30% or more of income on rent. Census ACS 2023.

Months to 20% down

$2,548 left each month. About 14 months (1.2 years) to save $33,400.

Asking rent. Census median home price. 30-year fixed, 6.5%, 20% down. Not lending advice.

Moving from El Paso

El Paso → Dallas · $498 more

Compare El Paso