salaryRent is lower than in 70% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 18.6 minutes.
How much money do I need?
To rent here comfortably, you should earn about $51,560 a year. That is $25 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 158 of 426 cities from cheapest to most expensive.
How much do households earn in Mercedes?
Share of households by yearly income. 15.2% of households earn $100,000 or more.
Rent by apartment size in Mercedes
| Size | Mercedes | U.S. average |
|---|---|---|
| 1 bedroom | $686 | $1,324 |
| 2 bedrooms | $932 | $1,509 |
| 3 bedrooms | $1,149 | $1,698 |
| 4 bedrooms | $654 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Mercedes 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 Mercedes, so the Texas figure is shown.
Taxes and bills in Mercedes
Life in Mercedes
Is it cheaper to rent or buy in Mercedes?
Buying is cheaper month to month: about $513 a month less than renting.
Owning assumes a typical $111,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $11,180 for the down payment.
Frequently asked questions
What is the average rent in Mercedes, TX?
Renting in Mercedes costs a median of about $1,289 a month in 2026, including utilities. The Texas median is $1,451.
How much do I need to make to live in Mercedes?
To keep rent under 30% of income, you need about $51,560 a year, or $25 an hour at a full-time job.
Is Mercedes cheap or expensive?
Mercedes is rated Expensive: rent takes 30.6% of the typical household income of $50,586. It ranks 158th cheapest of 426 Texas cities we track.
How much are property taxes in Mercedes?
The median homeowner in Mercedes pays $1,920 a year in property taxes, about 1.72% of the median home value.
Is Mercedes 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 Mercedes?
The median home value in Mercedes is $111,800, about 2.2 times the typical yearly household income.
16,733 people live in Mercedes. Numbers are typical (middle) values.