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Buying a home in Runge, Texas

The typical owner-occupied home in Runge is worth about $88,500, 69% below the Texas median of $283,800 and 73% below the national median of $332,700. Owners pay a median $1,350 a year in property taxes, about 1.53% of their home's value, close to the Texas rate of 1.49%. 38% of occupied homes here are lived in by their owners, and 39% of those owners still have a mortgage.

Runge at a glance

Runge Texas U.S.
Median home value $88,500 $283,800 $332,700
Median property tax paid per year $1,350 $4,232 $3,119
Property tax as a share of value 1.53% 1.49% 0.94%
Median household income – $78,476 $80,734
Homes lived in by their owners 38% 63% 65%
Owner homes with a mortgage 39% 56% 61%
Median monthly costs, owners with a mortgage $1,156 $2,106 $1,963
Those costs as a share of the owners' income 18.2% 21.7% 21.0%
Median rent – $1,403 $1,413
Rent as a share of renters' income 19.0% 30.9% 30.6%
Median year homes were built 1991 1992 1980
Vacant homes 11.8% 9.4% 10.1%
Population 1,108 30,188,424 334,922,499

What a typical home costs per month in Runge

At this week's average 30-year rate of 7.11%, buying the median Runge home of $88,500 with 20% down costs about $626 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $773, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $26,828 for the 20%-down payment.

20% down, 30-year conventional loan
Down payment$17,700
Loan amount$70,800
Principal and interest$476
Property taxes (1.53% a year)$113
Homeowners insurance (our estimate, 0.5% a year)$37
PMI$0
Total per month$626

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3.5% down, 30-year FHA loan
Down payment$3,098
Loan amount$86,897
Principal and interest$585
Property taxes (1.53% a year)$113
Homeowners insurance (our estimate, 0.5% a year)$37
FHA mortgage insurance$39
Total per month$773

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Questions about home buying in Runge

What is the median home value in Runge?

About $88,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Runge?

Homeowners pay a median $1,350 a year, which is about 1.53% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Runge?

For the median home with 20% down at 7.11%, the payment is about $626 a month. Keeping that under 28% of gross income takes about $26,828 a year.

More about Runge

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data