Cost of Living in Hidalgo County, Texas

$925/mo
Median Monthly Rent
$124,000
Median Home Value
4% below state averageUnaffordable

At a Glance

Median Monthly Rent
$925/mo
4% below state average
Median Home Value
$124,000
56% below national
Rent-to-Income Ratio
29.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Hidalgo County Compares

Median monthly rent comparison

Hidalgo County$925/mo
Texas Average$963/mo
National Median$1,163/mo

Detailed Housing Stats

$925/mo
Median Gross Rent
$124,000
Median Home Value
$699/mo
Monthly Owner Cost
29.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Hidalgo County, Texas

Hidalgo's rent burden crushes national norms

Hidalgo County renters dedicate 21.2% of income to rent—the highest ratio in this county set and well above the 15-16% national standard. With median income at just $52,281, housing eats into already-tight household budgets across the Rio Grande Valley.

Most unaffordable rental county in comparison

Hidalgo's 21.2% rent-to-income ratio significantly exceeds Texas's 18.1% state average, making it one of the state's least affordable counties by this metric. The mismatch reflects the Valley's lower incomes paired with rising housing demand.

High burden despite low rents

Though Hidalgo's $925 rent is among the lowest here, the county's lower median income ($52,281) means renters spend a larger share of paychecks on housing. This contrasts with wealthier counties like Hays, where higher income cushions the burden of higher rents.

One-third of income toward housing

Renters allocate 21.2% ($925) to rent, while homeowners commit 16% ($699) to mortgages—totaling 37% of the $52,281 median income combined. For a family on the Valley's lower wage scale, this leaves stretched finances for food, transportation, and savings.

Cheapest homes, but tightest budgets

Hidalgo offers the lowest home prices ($124,000) and rents ($925) in this set, but income constraints mean housing remains the toughest affordability challenge. Relocate here only with secure income sources, as local wage levels make housing disproportionately costly.

Affordability Calculator

See how your income compares to housing costs in Hidalgo County

$

Rent Burden

21.2%

of gross income

Max Housing (28% Rule)

$1,220

per month

Owner Cost Burden

16.0%

of gross income

You can likely afford the median home in Hidalgo County

Median home value is $124,000. Estimated monthly cost: $990 vs. your max of $1,220.

Rent Affordability Guide

Your rent-to-income ratio21.2%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Hidalgo County, Texas?
Hidalgo County, Texas has a median monthly rent of $925/mo and a median home value of $124,000. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.
What is the median rent in Hidalgo County?
The median gross rent in Hidalgo County is $925/mo. This is 4% below state average for Texas.
Is Hidalgo County affordable?
Hidalgo County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Hidalgo County's rent compare to the state average?
Hidalgo County's median rent of $925/mo is 4% below state average of $963/mo for Texas.
What is the median home value in Hidalgo County?
The median home value in Hidalgo County, Texas is $124,000. This is 56% below the national median home value of $281,900.
Sponsored

Planning a Move?

Researching the cost of living in Hidalgo County, Texas? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes

Counties with Similar Housing Costs

Sponsored

Compare Mortgage Rates in Hidalgo County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.