The typical home in Tyler, TX is worth about $290,000.
With 20% down that's a loan near $232,000 — the calculator
is pre-filled with that figure. Tyler calls itself the 'Rose Capital of America' for a century-old rose-growing industry, though healthcare (UT Health East Texas) and oilfield services now drive most local hiring.
$1,506.29 / month
Total interest
$310,264
Total paid
$542,264
Payoff
30.0 years
How much you need to earn
Tyler, TX's median household income is about
$62,000 a year. Under standard 28/36
lending rules that supports a home price around
$167,483 with 20% down —
below the $290,000 typical price, so many buyers need a larger down payment, a co-borrower, or a longer commute.
Typical asking rent in Tyler, TX is about $1,300 a month, so owning the median home costs roughly
$942 more per month before tax
effects, maintenance, and any change in home value.
Frequently asked questions
What is a typical mortgage payment in Tyler, TX?
On the metro's roughly $290,000 typical home with 20% down, the loan is about $232,000. Principal and interest run near $1,506 a month at today's rate, and Tyler, TX's property tax plus insurance add about $736, for a full payment near $2,242.
Can I afford a home in Tyler, TX on the median income?
The median household income is about $62,000 a year. Under standard 28/36 lending rules that supports a home price around $167,483 with 20% down — below the $290,000 typical price, so buyers often need a larger down payment or a co-borrower.
Is it cheaper to rent or buy in Tyler, TX?
Typical asking rent is about $1,300 a month. The full owner payment on a median home is near $2,242, so owning costs roughly $942 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Tyler, TX?
The effective property tax rate in the core county is about 1.70% of market value — roughly $4,930 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Tyler, TX rising or falling?
Home values are up about 2% over the past year. Tyler calls itself the 'Rose Capital of America' for a century-old rose-growing industry, though healthcare (UT Health East Texas) and oilfield services now drive most local hiring.