Rent is lower than in 81% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.
How much money do I need?
To rent here comfortably, you should earn about $44,400 a year. That is $21 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 97 of 426 cities from cheapest to most expensive.
Compare Laredo with other big cities
Compare Laredo to 149 other cities →
How much do households earn in Laredo?
Share of households by yearly income. 19.0% of households earn $100,000 or more.
Rent by apartment size in Laredo
| Size | Laredo | U.S. average |
|---|---|---|
| Studio | $836 | $1,338 |
| 1 bedroom | $831 | $1,324 |
| 2 bedrooms | $1,063 | $1,509 |
| 3 bedrooms | $1,293 | $1,698 |
| 4 bedrooms | $1,282 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Laredo overall?
Everyday prices in the Laredo metro area are 13% below the U.S. average (index 87.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024.
Taxes and bills in Laredo
Life in Laredo
What jobs pay in Laredo
| Job | Median pay | Rent / pay |
|---|---|---|
| Lawyer | $125,900 | 10.6% |
| Pharmacist | $125,060 | 10.7% |
| Physician Assistant | $124,120 | 10.7% |
| Nurse Practitioner | $121,360 | 11.0% |
| Software Developer | $111,450 | 12.0% |
| Computer Systems Analyst | $83,910 | 15.9% |
| Dental Hygienist | $82,440 | 16.2% |
| Police Officer | $81,690 | 16.3% |
| Operations Manager | $78,640 | 16.9% |
| Registered Nurse | $77,050 | 17.3% |
| Civil Engineer | $76,620 | 17.4% |
| Accountant | $63,410 | 21.0% |
| Elementary School Teacher | $61,310 | 21.7% |
| Firefighter | $59,100 | 22.5% |
| Licensed Practical Nurse | $56,850 | 23.4% |
| Truck Driver | $49,010 | 27.2% |
| HVAC Technician | $48,450 | 27.5% |
| Market Research Analyst | $47,220 | 28.2% |
| Plumber | $46,350 | 28.7% |
| Electrician | $46,140 | 28.9% |
| Carpenter | $41,540 | 32.1% |
| Medical Assistant | $35,320 | 37.7% |
| Nursing Assistant | $35,120 | 37.9% |
| Customer Service Representative | $34,420 | 38.7% |
| Warehouse Worker | $32,480 | 41.0% |
| Restaurant Cook | $28,120 | 47.4% |
| Retail Salesperson | $27,530 | 48.4% |
| Cashier | $26,970 | 49.4% |
| Server (Waiter/Waitress) | $22,020 | 60.5% |
Is it cheaper to rent or buy in Laredo?
Renting is cheaper right now: about $233 a month less.
Owning assumes a typical $193,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $19,350 for the down payment.
Frequently asked questions
What is the average rent in Laredo, TX?
Renting in Laredo costs a median of about $1,110 a month in 2026, including utilities. The Texas median is $1,451.
How much do I need to make to live in Laredo?
To keep rent under 30% of income, you need about $44,400 a year, or $21 an hour at a full-time job.
Is Laredo cheap or expensive?
Laredo is rated Cheap: rent takes 19.3% of the typical household income of $68,932. It ranks 97th cheapest of 426 Texas cities we track.
How much are property taxes in Laredo?
The median homeowner in Laredo pays $3,531 a year in property taxes, about 1.82% of the median home value.
Is Laredo more expensive than the national average?
Overall prices in the metro area are 13% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Laredo?
The median home value in Laredo is $193,500, about 2.8 times the typical yearly household income.
257,619 people live in Laredo. Numbers are typical (middle) values.