Rental numbers for Ellis County, TX
The typical home here runs -$1,416 a month at 7.78% with 25% down. 0 of 5 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.1%.
- Gross yield
- 5.9%
- typical home, Zillow
- Median ZIP yield
- 6.1%
- 5 ZIPs with full data
- Cash flow
- -$1,416/mo
- at 7.78%, 25% down
- Typical price
- $372,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,833/mo
- Zillow ZORI, Aug 2026
ZIP codes in Ellis County
10 with published figures
| 75154Red Oak | $349,000 | $2,272 | 7.8% | 3.4% | -$894 | +4.5% |
| 75119Ennis | $265,000 | $1,659 | 7.5% | 3.0% | -$772 | -2.0% |
| 75152Palmer | $321,000 | $2,010* | 7.5% | 3.4% | -$829 | n/a |
| 76651Italy | $260,000 | $1,460* | 6.7% | 2.4% | -$882 | n/a |
| 75165Waxahachie | $349,000 | $1,778 | 6.1% | 2.0% | -$1,301 | +1.4% |
| 75125Ferris | $291,000 | $1,480* | 6.1% | 2.1% | -$1,062 | n/a |
| 76064Maypearl | $375,000 | $1,900* | 6.1% | 2.4% | -$1,267 | n/a |
| 76670Italy | $258,000 | $1,150* | 5.3% | 1.5% | -$1,075 | n/a |
| 76065Midlothian | $456,000 | $1,933 | 5.1% | 1.2% | -$1,998 | +0.4% |
| 75167Waxahachie | $505,000 | $2,098 | 5.0% | 1.4% | -$2,132 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- -0.9%
- Rent, 12 months
- +0.8%
- Rent minus price growth
- +1.8 pts
- Property tax
- 1.35%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $330,323 | $1,533 |
| Aug 2022 | $392,635 | $1,715 |
| Aug 2023 | $381,341 | $1,766 |
| Aug 2024 | $380,897 | $1,807 |
| Aug 2025 | $375,436 | $1,818 |
| Aug 2026 | $371,935 | $1,833 |
HUD Fair Market Rent
FY2027, Dallas, TX HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,491 | $1,536 | $1,807 | $2,275 | $2,892 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 35.7
- 2,559 units, last 12 months
- National percentile
- 98th
- among US counties
Tools
Test a listing in Ellis County against today's rate.
Open the calculatorPart of the Dallas, TX metro.
Questions
- Is Ellis County good for rental property?
- The typical home here runs -$1,416 a month at 7.78% with 25% down. 0 of 5 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.1%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Ellis County?
- About 1.35% of value, from Census ACS median taxes paid over median home value. On a $372,000 home that is about $5,010 a year.
- What is Fair Market Rent in Ellis County?
- HUD's FY2027 Fair Market Rent here is $1,536 for a 1-bedroom, $1,807 for a 2-bedroom and $2,275 for a 3-bedroom. Typical cash flow at today's rate is -$1,416 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.