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City Report · TX

Alvarado

Pop. 6,307·165th most expensive in Texas·Rental market data updated monthly for Alvarado, TX
Median rent (all units)
$1,582/mo
Year-over-Year
Stable
Month-over-Month
+2.9%
vs US Median
-$383
Rising (Monthly)
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Most AffordableMost Expensive
Alvarado · $1,582
More affordable than 70% of US cities · National median $1,965/mo
Affordability
24% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,582/mo, rent takes about 24% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$63,000/yr
Local median income
$80,523/yr
Based on the 30%-of-income rule using Alvarado's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$1,210
1 BR
$1,290
2 BR
$1,500
3 BR
$1,980
4 BR+
$2,420
Research median
$1,500/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$18,984/yr
At $1,582/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +2.9% MoM), not inventory.
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Demographics

Who lives here

Alvarado, TX is majority owner-occupied, has a large share of families with children, 9.8% of residents hold a bachelor's degree or higher.

Population
6,307
Median income
$80,523
Median age
31.3
Renters
25.4%
Age distribution
27.5%
27.8%
24%
12.3%
Under 1827.5%
18–3427.8%
35–5424%
55–648.3%
65+12.3%
Gender
48.6%
51.4%
Male48.6%
Female51.4%
Race & ethnicity
72.7%
25.7%
White72.7%
Black6.8%
Hispanic25.7%
Education (25+)
24.4%
39.8%
26%
No HS diploma24.4%
HS diploma39.8%
Some college26%
Bachelor's+9.8%
Housing tenure
74.6%
25.4%
Owner74.6%
Renter25.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Alvarado, TX has changed in 5 years

Income
$60,264 → $80,523
up 33.6%
Population
4,660 → 6,307
up 35.3%
Renter share
45.5% → 25.4%
-20.1 pts
Bachelor's+
14.5% → 9.8%
-4.7 pts
Median age
29.4 → 31.3
+1.9 yrs

Census figures show median household income at $80,523 today, compared with $60,264 five years earlier. The population has grown by 35.3% since 2021, moving from about 4,660 residents to roughly 6,307. Renters now make up 25.4% of households, compared with 45.5% five years ago. College-educated residents now make up 9.8% of adults here, versus 14.5% in 2021.

Community

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View Alvarado rent history (2015–2026) →
Salary vs rent

Can you afford rent in Alvarado on your salary?

At $1,582/mo, how Alvarado rent compares to typical pay (30% rule).

By apartment size

Alvarado rent by bedroom count

Median rent for each apartment size in Alvarado. Click any size for full breakdown.

Local insights

Tips for renters in Alvarado

About renting in Alvarado, TX

Last updated: July 20, 2026

The median rent in Alvarado is $1,582/mo as of July 2026. A studio apartment averages $1,210/mo while a 2-bedroom runs $1,500/mo. One-bedroom apartments average $1,290/mo and 3-bedroom units go for $1,980/mo.

At 24% of local median household income ($80,523/yr), Alvarado ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Alvarado an affordable city for renters?

Alvarado is considered very affordable for renters. At $1,582/mo, rent takes approximately 24% of the local median household income ($80,523/yr). The standard benchmark is 30%. Alvarado falls comfortably within that range.

How much income do you need to rent in Alvarado?

To keep rent at or below 30% of gross income, you would need to earn at least $63,000/year (~$30/hour full-time) to afford the median rent of $1,582/mo in Alvarado. The local median household income is $80,523/yr, meaning the typical Alvarado household meets that threshold.

Is rent going up or down in Alvarado?

Rent in Alvarado has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Alvarado rent compare to other cities in Texas?

Alvarado is middle-of-the-pack for Texas for rent, ranking #165 out of 269 tracked cities at $1,582/mo.

What percentage of Alvarado residents rent vs. own?

According to Census data, approximately 25.4% of Alvarado households are renters, while 74.6% are owner-occupied. Alvarado leans toward homeownership, which can mean a smaller rental inventory.

How does Alvarado rent compare to the national average?

Alvarado's median rent of $1,582/mo is $383 (19%) below the US national median of $1,965/mo. Within Texas, it ranks #165 out of 269 tracked cities.
Income Affordability
24%
VERY AFFORDABLE

At $1,582/mo, rent takes ~24% of Alvarado's median household income ($80,523/yr). The standard benchmark is 30%.

Alvarado 24%Benchmark 30%
State income taxNone
Run the Alvarado affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Alvarado, TX

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