Last updated
Average Rent in Ft. Phantom Area & Rent Trends
Rent prices and market trends across 4 apartment communities in Ft. Phantom Area, Abilene, TX. Updated daily.
Market Average
$1,672/mo
Lowest Available
$998/mo
cheapest unit on market
Communities
4
tracked daily
Units Listed
17
available now
Rent Watch: cuts and increases
Open Rent Watch →See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.
Ft. Phantom Area vs Abilene, TX Average
Ft. Phantom Area is more expensive than the Abilene, TX average by $28/mo (2%). The citywide average is $1,644/mo across all neighborhoods.
Is Rent Going Up or Down in Ft. Phantom Area?
As of October 2026, the average rent in Ft. Phantom Area is $1,672 per month across 4 apartment communities and 17 available units.
The most affordable option is Villages at West Lake starting at $998/mo. By unit type, a 3-bedroom averages $1,672/mo.
Prices range from $998 to $2,209 per month. The most common price point is the $1,200 range, where 6 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Ft. Phantom Area
Rent Prices by Apartment in Ft. Phantom Area
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Villages at West Lake | $998/mo | $1,193/mo | 7 | 3.9 |
| La Ventana | $1,060/mo | $1,060/mo | 1 | 3.9 |
| The Grand at Buffalo Run | $1,924/mo | $2,128/mo | 7 | 3.9 |
| Residence at Heritage Park | $2,060/mo | $2,060/mo | 2 | 4.2 |
Frequently Asked Questions About Rent in Ft. Phantom Area
What is the average rent in Ft. Phantom Area?
Is rent going up or down in Ft. Phantom Area?
What is the cheapest apartment in Ft. Phantom Area?
How many apartments are available in Ft. Phantom Area?
What salary do I need to live comfortably in Ft. Phantom Area?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$67,000/year
Based on the 30 percent rule, using our tracked average rent of $1,672/mo.
Comfortable income
$80,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($998/mo), you need to earn at least $40,000/year.
Median household income in Ft. Phantom Area is $62,720 , about 22% below the comfortable-living threshold.
Cost of living in Ft. Phantom Area
Overall prices in Ft. Phantom Area runs below the national average by about 10% (BEA Regional Price Parity index 90.4, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Ft. Phantom Area's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,672 |
| Utilities | $317 |
| Groceries | $502 |
| Transportation | $755 |
| Healthcare | $368 |
| Other goods and services | $589 |
| Estimated total | $4,202/mo |
Population
127,130
Median household income
$62,720
Census median rent
$1,106/mo
Census rent burden
30.0%
Median age
32.8
Mean commute
15 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Ft. Phantom Area Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Ft. Phantom Area Apartments
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