Laredo

Texas ยท Ranked #87 of 373 metros

87Affordable
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Housing in Laredo costs 3.34ร— the median income, below the national average of 4.5ร—. The median home price is $201K and median rent is $990/month. Laredo ranks #87 of 373 metros for affordability.

Median Home Price

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$201K

Need $59K income

Median Rent

๐Ÿ”‘

$990

Need $40K income

Building Permits

๐Ÿ”จ

1,448

annual

Median Income

๐Ÿ’ฐ

$60K

Pop: 210,104

Rent Burden

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27.3%

of renters paying >30%

Homeownership

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65.0%

Rent Burden

vs. National Average

Key Facts vs. National Average

MetricLaredoNational
Price-to-Income Ratio3.34x6.1x
Rent Burden27.3%31.5%
Homeownership Rate65.0%65.5%
YoY Rent Change0%+2.8%
Mortgage Denial Rate0.0%13.5%
Eviction Rate0.0%3.6%

House Price Index (2000โ€“2025)

FHFA All-Transactions HPI

Since 2019: +52.4%Since 2000: +163.3%

HUD Fair Market Rents (FY2026)

Section 8 voucher payment standards

Studio$956/mo
1 Bedroom$962/mo
2 Bedroom$1,161/mo
3 Bedroom$1,499/mo
4 Bedroom$1,551/mo

Zillow Market Data

Home Value (ZHVI)

$213K

1yr: +2.5%5yr: +15.8%

Rent (ZORI)

$1,327/mo

1yr: +0.6%5yr: +29.5%

Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.

Redfin Market Activity

Median Sale Price

$254K

Active Inventory

548

Days on Market

110

Sold Above List

1.6%

Price Drops

15.9%