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Rental Market Trends in Palestine, TX

Updated July 2026

The average rent in Palestine, TX is $1,029/month.

Rent in Palestine is 38% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,029/month

Average Rent

658 Sq Ft

Average Size

+3.8%

Change / Year

56

Available Apartments

Palestine rent varies by unit size and layout:

  • Studio apartments in Palestine average per month.
  • One-bedroom apartments in Palestine average $1,029 per month.
  • Two-bedroom apartments in Palestine average $1,231 per month.
  • Three-bedroom apartments in Palestine average $1,304 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,029/month
658 Sq Ft
Two Bedroom
$1,231/month
943 Sq Ft
Three Bedroom
$1,304/month
1,199 Sq Ft
View Palestine Apartments

How much has average rent changed in Palestine, TX?

In the past year, rent has increased by 3.8%, which averages out to $39 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Palestine, TX

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Palestine, TX
Percentage*
Rent Range
0% Below $700/month
38% $700 - $1,000/month
50% $1,001 - $1,500/month
12% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Palestine is $1,029, you’ll want to make about $3,430 per month or $41,160 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

Palestine, TX

56 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Palestine, 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.

View the Palestine Area Guide

Apartment Averages

Apartment Communities in Palestine We Think You'll Love

Willow Creek Apartments

Willow Creek Apartments

100 Damon Allen Way,
Palestine, TX 75801

1-3 Beds | $1,322 - $1,890

Overlook Palestine

Overlook Palestine

100 Overlook Way,
Palestine, TX 75801

1-2 Beds | $1,204 - $1,380

Timbercrest Apartments

Timbercrest Apartments

1020 Sugar Ln,
Palestine, TX 75801

1-2 Beds | $925 - $1,180

Inwood Place

Inwood Place

1501 S Loop 256,
Palestine, TX 75801

1-2 Beds | $1,135 - $1,405

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Frequently Asked Questions

What is the average rent in Palestine?

The average rent in Palestine is $1,029 per month, which is 38.1% lower than the national average of $1,663.

Are rents going up or down in Palestine?

Rents in Palestine, TX are increasing, with prices up 3.8% year-over-year and $39 more per month.

What rent range is most common in Palestine?

In Palestine, TX, 50% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States Texas Palestine 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 June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity