At $1,717/mo, rent takes about 26% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,717 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
30% of the median household income ($80,523) is $2,013 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,980); a 4-bedroom is $2,420.
From Zillow's monthly rent index (ZORI) for Alvarado. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Alvarado, TX has changed in 5 years
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.
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Can you afford rent in Alvarado on your salary?
At $1,717/mo, how Alvarado rent compares to typical pay (30% rule).
Alvarado rent by bedroom count
Median rent for each apartment size in Alvarado. Click any size for full breakdown.
Tips for renters in Alvarado
Last updated: October 17, 2026
The median rent in Alvarado is $1,717/mo as of October 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 26% 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.
Frequently asked questions
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Is rent going up or down in Alvarado?
How does Alvarado rent compare to other cities in Texas?
At $1,717/mo, rent takes ~26% of Alvarado's median household income ($80,523/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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