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Rental Market Trends in Electra, TX

What is the average rent in Electra, TX?

$400/month

Average Rent

737 Sq Ft

Average Apartment Size

+1.2%

Increase in the Last Year

As of April 2026, the average rent in Electra, TX is $400 per month. This is 75% lower than the national average rent of $1,627/month, making renting in Electra more affordable than most cities in the US. When you rent an apartment in Electra, you can expect to pay about per month for a studio, $400 for a one-bedroom apartment, and around $458 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$400/month
737 Sq Ft
Two Bedroom
$458/month
937 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Electra, TX?

In the past year, rent has increased by 1.2%, which averages out to $5 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time

What salary do I need to live comfortably in Electra, TX?

Because the average rent in Electra is $400, you’ll want to make about $1,333 per month or $15,996 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Electra, TX

1 Available Apartments for Rent

Search for Nearby Apartments

How does Electra, TX compare to other nearby cities and neighborhoods?

Use the tool below to compare Electra, TX to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Apartment communities in Electra we think you'll love

100 Prairie Cir

100 Prairie Cir

100 Prairie Cir,
Electra, TX 76360

$578

1 Bed

4594 US-287

4594 US-287

4594 US-287,
Iowa Park, TX 76367

$2,100 Total Monthly Price

5 Beds

304 W Redwood St

304 W Redwood St

304 W Redwood St,
Holliday, TX 76366

$1,250

2 Beds

803 S Wall St

803 S Wall St

803 S Wall St,
Iowa Park, TX 76367

$1,300

2 Beds

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United States Texas Electra Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity