City Report · TX

Pharr

Pop. 80,333·258th most expensive in Texas·One of the most affordable rental markets in the US
Median rent (all units)
$1,144/mo
Year-over-Year
+1.6%
Month-over-Month
-5.2%
vs US Median
-$818
Falling (Monthly)
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Most AffordableMost Expensive
Pharr · $1,144
More affordable than 94% of US cities · National median $1,962/mo
Rent Reality Score
54/100
Fairly priced
OverheatedFairGreat value

Rents are 2% below what Pharr's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,144/mo
Expected by trend
$1,169/mo
The Rent Reality Score compares today's median rent to where Pharr's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$820
1 BR
$820
2 BR
$1,020
3 BR
$1,330
4 BR+
$1,470
Fair Market Rent (HUD)
$1,020/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,144 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 →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$13,728/yr
At $1,144/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 1.6% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+1.6% YoY, -5.2% MoM), not inventory.
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Demographics

Who lives here

Pharr, TX is majority owner-occupied, has a large share of families with children, has a median income below the national average, 18.8% of residents hold a bachelor's degree or higher.

Population
80,333
Median income
$52,814
Median age
29.7
Renters
40.9%
Age distribution
32.7%
25.1%
24.2%
Under 1832.7%
18–3425.1%
35–5424.2%
55–647.1%
65+10.8%
Gender
48.3%
51.7%
Male48.3%
Female51.7%
Race & ethnicity
28.1%
94.7%
White28.1%
Black0.6%
Hispanic94.7%
Asian0.5%
Education (25+)
29.2%
27.2%
24.8%
18.8%
No HS diploma29.2%
HS diploma27.2%
Some college24.8%
Bachelor's+18.8%
Housing tenure
59.1%
40.9%
Owner59.1%
Renter40.9%

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

2023 vs 2026

How Pharr, TX has changed in 5 years

Rent
$1,119 → $1,144
up 2.2%
Income
$39,606 → $52,814
up 33.3%
Population
78,997 → 80,333
up 1.7%
Renter share
41.8% → 40.9%
-0.9 pts
Bachelor's+
17.4% → 18.8%
+1.4 pts

The median rent in Pharr, TX stood at $1,119 in 2023 and currently runs about $1,144, reflecting a 2.2% increase over the period. Household income in the area moved from $39,606 to $52,814 across the same window, up 33.3% versus 2021. On paper, paychecks moved up faster than rent, which softens the affordability squeeze versus the 2021 baseline. The population has grown by 1.7% since 2021, moving from about 78,997 residents to roughly 80,333. Reading these numbers side by side helps frame whether current listings in Pharr, TX look reasonable against where the market sat half a decade ago.

Community

Discussions about Pharr

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

Can you afford rent in Pharr on your salary?

At $1,144/mo, how Pharr rent compares to typical pay (30% rule).

By apartment size

Pharr rent by bedroom count

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

Local insights

Tips for renters in Pharr

About renting in Pharr, TX

Last updated: August 17, 2026

The median rent in Pharr is $1,144/mo as of August 2026. A studio apartment averages $820/mo while a 2-bedroom runs $1,020/mo. One-bedroom apartments average $820/mo and 3-bedroom units go for $1,330/mo.

At 26% of local median household income ($52,814/yr), Pharr ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.6% over the past year.

FAQ

Frequently asked questions

Is Pharr an affordable city for renters?

Pharr is considered affordable for renters. At $1,144/mo, rent takes approximately 26% of the local median household income ($52,814/yr). The standard benchmark is 30%. Pharr falls comfortably within that range.

How much income do you need to rent in Pharr?

To keep rent at or below 30% of gross income, you would need to earn at least $46,000/year (~$22/hour full-time) to afford the median rent of $1,144/mo in Pharr. The local median household income is $52,814/yr, meaning the typical Pharr household meets that threshold.

Is rent going up or down in Pharr?

Rent in Pharr has increased 1.6% over the past year as of August 2026, putting upward pressure on renter budgets.

How does Pharr rent compare to other cities in Texas?

Pharr is one of the more affordable cities in Texas for rent, ranking #258 out of 267 tracked cities at $1,144/mo.

Which nearby cities are cheaper to rent in than Pharr?

Several nearby cities have lower median rents than Pharr ($1,144/mo): Alton ($1,047/mo), Weslaco ($1,085/mo).

What percentage of Pharr residents rent vs. own?

According to Census data, approximately 40.9% of Pharr households are renters, while 59.1% are owner-occupied. Pharr leans toward homeownership, which can mean a smaller rental inventory.

How does Pharr rent compare to the national average?

Pharr's median rent of $1,144/mo is $818 (42%) below the US national median of $1,962/mo. Within Texas, it ranks #258 out of 267 tracked cities.
Income Affordability
26%
AFFORDABLE

At $1,144/mo, rent takes ~26% of Pharr's median household income ($52,814/yr). The standard benchmark is 30%.

Pharr 26%Benchmark 30%
State income taxNone
Run the Pharr affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Pharr, TX

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