Market Summary

Shallowater, Lubbock County, TX

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Median Home Price Price

$279,816 $279.8K

Median Monthly Rent Rent

$1,292 $1.3K

GRM

18.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Lubbock County

Region Price Rent GRM Display
$235,154 $796 25.0x

Home prices

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Monthly rent

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GRM

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Similar markets within TX outside of Lubbock County

Region Price Rent GRM Display
$229,070 $1,487 13.0x
$240,019 $1,306 15.0x
$343,505 $1,324 22.0x
$441,299 $1,866 20.0x
$274,926 $1,563 15.0x
$197,357 $1,197 14.0x
$292,321 $1,250 19.0x
$369,114 $1,856 16.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of TX

Region Price Rent GRM Display
$399,634 $1,944 17.0x
$131,632 $1,000 11.0x
$295,384 $1,310 19.0x
$540,354 $1,294 35.0x
$291,163 $1,181 20.0x
$198,484 $904 18.0x
$300,936 $1,359 18.0x
$310,211 $1,119 23.0x
$235,817 $1,012 19.0x
$459,396 $1,370 28.0x
$265,873 $1,248 18.0x
$563,383 $2,498 19.0x
$159,944 $1,261 11.0x
$421,115 $1,274 28.0x
$196,803 $747 22.0x
$362,597 $1,291 23.0x
$147,141 $1,175 10.0x
$233,494 $1,536 13.0x
$295,156 $1,303 19.0x
$347,419 $1,777 16.0x
$415,786 $1,337 26.0x
$95,492 $677 12.0x
$450,015 $1,335 28.0x
$388,053 $1,282 25.0x
$306,528 $1,764 14.0x
$416,560 $1,794 19.0x
$381,028 $1,341 24.0x
$316,871 $1,950 14.0x

Home prices

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Monthly rent

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GRM

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Shallowater

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Trend Insights

Median Rent in Shallowater, TX is $1,292, with MoM change +$9 and YoY change +$39 pointing to positive momentum while volatility is low (std $8).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Shallowater, TX.

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Metric
Base market Shallowater, TX
Compare market Select a market
Delta vs base
Median rent
$1,292
N/A
Median price
$279,816
N/A
YoY change
+$39
N/A
Price-to-rent
18.0x
Data unavailable
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