Laredo, TX at a glance
Median household income
$63,915$5,326 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Laredo, TX?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Laredo, TX? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Laredo, TX MSA, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $956 | $11,472 | $38,240 | 17.9% |
| 1-Bedroom Apartment | $962 | $11,544 | $38,480 | 18.1% |
| 2-Bedroom ApartmentBenchmark | $1,161 | $13,932 | $46,440 | 21.8% |
| 3-Bedroom Home | $1,499 | $17,988 | $59,960 | 28.1% |
| 4-Bedroom Home | $1,551 | $18,612 | $62,040 | 29.1% |
What a typical income covers in Laredo, TX
The 50/30/20 rule applied to the local median of $63,915 a year ($5,326 a month before tax).
What $63,915 leaves after Texas taxes
Federal income tax, Social Security, Medicare and Texas tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Texas
Living in Laredo, TX: common questions
What is the median household income in Laredo, TX?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Laredo, TX is $63,915 per year (approximately $5,326 per month).
What is the average rent in Laredo, TX?
The closest official figure is HUD's Fair Market Rent for 2026: $956 for a studio, $962 for one bedroom, $1,161 for two, $1,499 for three and $1,551 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is Laredo, TX expensive to live in?
Prices there run 13% below the U.S. average. BEA's regional price parity for the metro area is 87.0, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in Laredo, TX?
To keep a $1,161 two-bedroom under 30% of gross income, a household needs about $46,440 a year, or $3,870 a month. That is 73% of what the typical household in Laredo, TX earns.
How much do you need to live comfortably in Laredo, TX?
On the local median income of $63,915 ($5,326 a month before tax), the 50/30/20 rule leaves $2,663 a month for needs like rent, utilities and groceries, $1,598 for everything else and $1,065 for savings or debt. A two-bedroom at $1,161 takes 44% of the needs share.
How much is the electric bill in Laredo, TX?
Homes in Texas paid 15.9¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $143. Your bill depends mostly on heating and cooling.