The typical owner-occupied home in Rochelle is worth about $68,500, 76% below the Texas median of $283,800 and 79% below the national median of $332,700. Owners pay a median $1,133 a year in property taxes, about 1.65% of their home's value, higher than the Texas rate of 1.49%. 57% of occupied homes here are lived in by their owners, and 42% of those owners still have a mortgage.
Rochelle at a glance
| Rochelle | Texas | U.S. | |
|---|---|---|---|
| Median home value | $68,500 | $283,800 | $332,700 |
| Median property tax paid per year | $1,133 | $4,232 | $3,119 |
| Property tax as a share of value | 1.65% | 1.49% | 0.94% |
| Median household income | – | $78,476 | $80,734 |
| Homes lived in by their owners | 57% | 63% | 65% |
| Owner homes with a mortgage | 42% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $857 | $2,106 | $1,963 |
| Those costs as a share of the owners' income | 51.0% | 21.7% | 21.0% |
| Median rent | $894 | $1,403 | $1,413 |
| Rent as a share of renters' income | 51.0% | 30.9% | 30.6% |
| Median year homes were built | 1982 | 1992 | 1980 |
| Vacant homes | 13.4% | 9.4% | 10.1% |
| Population | 150 | 30,188,424 | 334,922,499 |
What a typical home costs per month in Rochelle
At this week's average 30-year rate of 7.11%, buying the median Rochelle home of $68,500 with 20% down costs about $491 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $605, 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 $21,059 for the 20%-down payment.
The median rent here is $894 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $13,700 |
|---|---|
| Loan amount | $54,800 |
| Principal and interest | $369 |
| Property taxes (1.65% a year) | $94 |
| Homeowners insurance (our estimate, 0.5% a year) | $29 |
| PMI | $0 |
| Total per month | $491 |
Change the numbers in the calculator
| Down payment | $2,398 |
|---|---|
| Loan amount | $67,259 |
| Principal and interest | $452 |
| Property taxes (1.65% a year) | $94 |
| Homeowners insurance (our estimate, 0.5% a year) | $29 |
| FHA mortgage insurance | $30 |
| Total per month | $605 |
Change the numbers in the calculator
Questions about home buying in Rochelle
What is the median home value in Rochelle?
About $68,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Rochelle?
Homeowners pay a median $1,133 a year, which is about 1.65% 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 Rochelle?
For the median home with 20% down at 7.11%, the payment is about $491 a month. Keeping that under 28% of gross income takes about $21,059 a year.
More about Rochelle
- Mortgage Refinance in Rochelle
- Debt Relief in Rochelle
- Home Equity Loans in Rochelle
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
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