Hidalgo County, Texas Housing Market Prices
Hidalgo County 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.
-
Median home price 27% below the Texas median$188,481
-
Median rent 32% below the Texas median$956
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Hidalgo County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $188,481 | $258,873 | $248,835 |
| Price Trend (Annual %) | 9.2% | 9.2% | 7.5% |
| Median Gross Rent | $956 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 4.5% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Hidalgo County is about 27% lower than in Texas. Rent is about 32% 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 Hidalgo County, up about 9.2% and 4.5% a year respectively. Home prices are changing faster.
Median rent in Hidalgo County rose about 44.6% between 2015 and 2024, from $661 to $956. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 3.5 yearly household incomes in Hidalgo County.
Buying the median-priced home in Hidalgo County costs roughly 16.4 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 Hidalgo County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Hidalgo County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $188,481 | $258,873 | $248,835 |
| Median Household Income | $54,369 | $78,939 | $80,455 |
| Price-to-Income Ratio | 3.5 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Hidalgo County rose about 50.1%, while median household income rose about 71.8% 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 | Hidalgo County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 59.1% | 56.7% | 58.5% |
| Rental Rate | 28.5% | 33.9% | 31.2% |
| Vacancy Rate | 12.4% | 9.4% | 10.2% |
| Median Tenure (years) | 16.0 | 14.0 | 15.0 |
| Median Year Moved In | 2010 | 2012 | 2011 |
Hidalgo County has a homeownership rate of 59.1%, higher than the Texas average of 56.7%. Its housing vacancy rate is 12.4%, compared with 9.4% in Texas.
Housing Stock
| Metric | Hidalgo County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.27 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1998 | 1990 | 1978 |
| Median Number of Rooms | 4.9 | 5.4 | 5.5 |
The typical housing unit in Hidalgo County was built around 1998. On average, 3.3 people live in a home with about 4.9 rooms, staying for about 16.0 years on average.
Hidalgo County, TX Housing Compared With Nearby Counties
Hidalgo County, TX is the largest of the 4 counties compared here, 891,846 residents against a local median of 66,056. Hidalgo County, TX's median home price, at $188,481, runs 219% above the $59,009 typical of the counties around it.
Median rent tells the same story from another angle: $956 against a local median of $809, 18% above it. The counties themselves spread $116,349 on median home price, so Hidalgo County, TX sits at one end of an already wide local range rather than apart from it. Hidalgo County, TX has the highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Hidalgo County, TX | 891,846 | $188,481 #1/4 | $956 #1/4 | 67.5% #3/4 |
| Starr County, TX | 66,056 | $59,009 | $726 | 69.5% |
| Willacy County, TX | 20,139 | $21,785 | $809 | 74.7% |
| Cameron County, TX | 421,649 | $138,134 | $912 | 65.1% |
Frequently Asked Questions
Common questions about the housing market in Hidalgo County, Texas.
What is the median home price in Hidalgo County, Texas?
The median home price in Hidalgo County, Texas is $188,481, lower than the Texas average of $258,873.
What is the average home price in Hidalgo County, Texas?
The typical home price in Hidalgo County, Texas, reported as the median sale price, is $188,481. 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 Hidalgo County, Texas?
The median gross rent in Hidalgo County, Texas is $956 per month, lower than the Texas average of $1,402.
What was the median gross rent in Hidalgo County in 2020?
In 2020, the median gross rent in Hidalgo County, Texas was $753 per month.
What is the price-to-rent ratio in Hidalgo County, Texas?
The price-to-rent ratio in Hidalgo County, Texas is about 16.4, meaning it would take roughly 16.4 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 Hidalgo County.
Are home prices or rent rising faster in Hidalgo County, Texas?
Both home prices and rent are rising in Hidalgo County, up about 9.2% and 4.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Hidalgo County, Texas?
59.1% of households in Hidalgo County, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Hidalgo County, Texas?
The housing vacancy rate in Hidalgo County, Texas is 12.4%, higher than the Texas average of 9.4%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →