Harlingen, Texas Housing Market Prices
Harlingen Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 31% below the Texas median$179,338
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Median rent 34% below the Texas median$931
Housing Market Overview
| Metric | Harlingen | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $179,338 | $258,873 | $248,835 |
| Price Trend (Annual %) | 18.1% | 9.2% | 7.5% |
| Median Gross Rent | $931 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 4.0% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Harlingen is about 31% lower than in Texas. Rent is about 34% lower than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Harlingen, up about 18.1% and 4.0% a year respectively. Home prices are changing faster.
Median rent in Harlingen rose about 34.1% between 2015 and 2024, from $694 to $931. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 3.4 yearly household incomes in Harlingen.
Buying the median-priced home in Harlingen costs roughly 16.1 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Harlingen. The price-to-rent ratio in Texas is about 15.4.
| Metric | Harlingen | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $179,338 | $258,873 | $248,835 |
| Median Household Income | $52,913 | $78,939 | $80,455 |
| Price-to-Income Ratio | 3.4 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Harlingen rose about 27.4%, while median household income rose about 57.9% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Harlingen | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 47.5% | 56.7% | 58.5% |
| Rental Rate | 40.5% | 33.9% | 31.2% |
| Vacancy Rate | 12.0% | 9.4% | 10.2% |
| Median Tenure (years) | 13.0 | 14.0 | 15.0 |
| Median Year Moved In | 2013 | 2012 | 2011 |
Harlingen has a homeownership rate of 47.5%, lower than the Texas average of 56.7%. Its housing vacancy rate is 12.0%, compared with 9.4% in Texas.
Housing Stock
| Metric | Harlingen | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.73 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1985 | 1990 | 1978 |
| Median Number of Rooms | 4.8 | 5.4 | 5.5 |
The typical housing unit in Harlingen was built around 1985. On average, 2.7 people live in a home with about 4.8 rooms, staying for about 13.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Harlingen, Texas.
What is the median home price in Harlingen, Texas?
The median home price in Harlingen, Texas is $179,338, lower than the Texas average of $258,873.
What is the average home price in Harlingen, Texas?
The typical home price in Harlingen, Texas, reported as the median sale price, is $179,338. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Harlingen, Texas?
The median gross rent in Harlingen, Texas is $931 per month, lower than the Texas average of $1,402.
What was the median gross rent in Harlingen in 2020?
In 2020, the median gross rent in Harlingen, Texas was $739 per month.
What is the price-to-rent ratio in Harlingen, Texas?
The price-to-rent ratio in Harlingen, Texas is about 16.1, meaning it would take roughly 16.1 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Harlingen.
Are home prices or rent rising faster in Harlingen, Texas?
Both home prices and rent are rising in Harlingen, up about 18.1% and 4.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Harlingen, Texas?
47.5% of households in Harlingen, Texas own their home, lower than the Texas average of 56.7%.
What is the vacancy rate in Harlingen, Texas?
The housing vacancy rate in Harlingen, Texas is 12.0%, higher than the Texas average of 9.4%.
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