Cost of Living in Aledo, TX: Rent, Income & Home Prices

CheapRent takes 18 cents of every $1 people earn here.

🏠 Rent per month (2026)$2,68353% higher than U.S. average

💵 Families earn per year (2026)$176,045about $14,670/month · 102% higher than U.S. average

🔑 House price$465,10040% higher than U.S. average

Rent is higher than in 89% of U.S. cities. Household incomes are higher than in 94% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Most homes (88.3%) are owned, so rentals can be hard to find. It is a highly educated city: 57.2% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $107,320 a year. That is $52 an hour at a full-time job.

Is rent cheaper than other Texas cities?

No. Rent here is more expensive than in most of Texas. It is number 401 of 426 cities from cheapest to most expensive.

Aledo

$2,683

$934

$1,444

$958

$1,776

$1,343

Homestead Meadows North

$910

How much do households earn in Aledo?

Under $25k

1.6%

$25k–50k

8.2%

$50k–100k

21.1%

$100k–150k

36.9%

$150k+

33.1%

Share of households by yearly income. 70.0% of households earn $100,000 or more.

How expensive is Aledo overall?

Everyday prices in Texas overall are 3% below the U.S. average (index 97.1, U.S. = 100).

Housing

Goods (food, clothes…)

Utilities

Other services

U.S. average

100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Aledo, so the Texas figure is shown.

Taxes and bills in Aledo

🏛️ Property tax$8,816a year · 1.90% of home value · U.S. $3,119

⚡ Electric bill$203a month (typical) · U.S. $156

Life in Aledo

Commute to work29.1 minU.S.: 26.4 min

College degree57.2%U.S.: 35.7%

Own their home88.3%U.S.: 65.2%

Below poverty line2.8%U.S.: 12.5%

Unemployment1.5%U.S.: 5.2%

Is it cheaper to rent or buy in Aledo?

Renting is cheaper right now: about $544 a month less.

Renting

$2,683

Owning

$3,227

Owning assumes a typical $465,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $46,510 for the down payment.

Frequently asked questions

What is the average rent in Aledo, TX?

Renting in Aledo costs a median of about $2,683 a month in 2026, including utilities. The Texas median is $1,451.

How much do I need to make to live in Aledo?

To keep rent under 30% of income, you need about $107,320 a year, or $52 an hour at a full-time job.

Is Aledo cheap or expensive?

Aledo is rated Cheap: rent takes 18.3% of the typical household income of $176,045. It ranks 401st cheapest of 426 Texas cities we track.

How much are property taxes in Aledo?

The median homeowner in Aledo pays $8,816 a year in property taxes, about 1.90% of the median home value.

Is Aledo more expensive than the national average?

Overall prices in Texas are 3% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Aledo?

The median home value in Aledo is $465,100, about 2.6 times the typical yearly household income.

5,825 people live in Aledo. Numbers are typical (middle) values.

Is Aledo, TX expensive to live in?