Rents are 8% below what Laredo's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: July 20, 2026
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Who lives here
Laredo, TX is majority owner-occupied, has a large share of families with children, has a median income below the national average, 22% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Laredo, TX has changed in 5 years
The median rent in Laredo, TX stood at $1,023 in 2021 and currently runs about $1,331, reflecting a 30.1% increase over the period. Census figures show median household income at $63,915 today, compared with $55,603 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 1.1% since 2021, moving from about 254,697 residents to roughly 257,619. Renters now make up 35.9% of households, compared with 37.8% five years ago. College-educated residents now make up 22% of adults here, versus 20% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.
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Can you afford rent in Laredo on your salary?
At $1,331/mo, how Laredo rent compares to typical pay (30% rule).
Laredo rent by bedroom count
Median rent for each apartment size in Laredo. Click any size for full breakdown.
Tips for renters in Laredo
Last updated: July 20, 2026
The median rent in Laredo is $1,331/mo as of July 2026. A studio apartment averages $1,095/mo while a 2-bedroom runs $1,345/mo. One-bedroom apartments average $1,100/mo and 3-bedroom units go for $1,715/mo.
At 25% of local median household income ($63,915/yr), Laredo ranks as affordable compared to the national benchmark of 30%. Rents have decreased 1.3% over the past year.
Frequently asked questions
Is Laredo an affordable city for renters?
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Is rent going up or down in Laredo?
Which Laredo neighborhoods have the lowest rent?
How does Laredo rent compare to other cities in Texas?
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What percentage of Laredo residents rent vs. own?
How does Laredo rent compare to the national average?
At $1,331/mo, rent takes ~25% of Laredo's median household income ($63,915/yr). The standard benchmark is 30%.
How does this area stack up?
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Estimated from ZIP-level data
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