Rent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are long, about 31.1 minutes each way.
How much money do I need?
To rent here comfortably, you should earn about $33,160 a year. That is $16 an hour at a full-time job.
Is rent cheaper than other Texas cities?
Yes. Rent here is cheaper than in most of Texas. It is number 18 of 426 cities from cheapest to most expensive.
How much do households earn in Alvarado?
Share of households by yearly income. 31.0% of households earn $100,000 or more.
Rent by apartment size in Alvarado
| Size | Alvarado | U.S. average |
|---|---|---|
| 1 bedroom | $512 | $1,324 |
| 2 bedrooms | $1,009 | $1,509 |
| 3 bedrooms | $1,940 | $1,698 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Alvarado overall?
Everyday prices in Texas overall are 3% below the U.S. average (index 97.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Alvarado, so the Texas figure is shown.
Taxes and bills in Alvarado
Life in Alvarado
Is it cheaper to rent or buy in Alvarado?
Renting is cheaper right now: about $899 a month less.
Owning assumes a typical $249,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $24,900 for the down payment.
Frequently asked questions
What is the average rent in Alvarado, TX?
Renting in Alvarado costs a median of about $829 a month in 2026, including utilities. The Texas median is $1,451.
How much do I need to make to live in Alvarado?
To keep rent under 30% of income, you need about $33,160 a year, or $16 an hour at a full-time job.
Is Alvarado cheap or expensive?
Alvarado is rated Cheap: rent takes 11.5% of the typical household income of $86,844. It ranks 18th cheapest of 426 Texas cities we track.
How much are property taxes in Alvarado?
The median homeowner in Alvarado pays $4,250 a year in property taxes, about 1.71% of the median home value.
Is Alvarado 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 Alvarado?
The median home value in Alvarado is $249,000, about 2.9 times the typical yearly household income.
6,307 people live in Alvarado. Numbers are typical (middle) values.