City Report · TX

Salado

Pop. 2,225·117th most expensive in Texas·Rental market data updated monthly for Salado, TX
Median rent (all units)
$1,693/mo
Year-over-Year
Stable
Month-over-Month
+0.5%
vs US Median
-$239
Reported rents
Rising (Monthly)
Be the first to discuss Salado rents ↓
Most AffordableMost Expensive
Salado · $1,693
More affordable than 61% of US cities · National median $1,932/mo
Affordability
19% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,693/mo, rent takes about 19% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$68,000/yr
Local median income
$107,679/yr
Based on the 30%-of-income rule using Salado's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

2 BR
$877
3 BR
$950
Fair Market Rent (HUD)
$877/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,693 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

Loading…

Last updated: October 17, 2026

Annual cost
$20,316/yr
At $1,693/mo median
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, +0.5% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Salado, TX is majority owner-occupied, has a large retiree population, has a median income above the national average, 60.2% of residents hold a bachelor's degree or higher.

Population
2,225
Median income
$107,679
Median age
49.8
Renters
12.6%
Age distribution
22.2%
13.4%
24.2%
29.8%
Under 1822.2%
18–3413.4%
35–5424.2%
55–6410.3%
65+29.8%
Gender
48.3%
51.7%
Male48.3%
Female51.7%
Race & ethnicity
84%
14%
White84%
Hispanic14%
Asian0.8%
Other0.9%
Education (25+)
29.5%
60.2%
No HS diploma1.3%
HS diploma9.1%
Some college29.5%
Bachelor's+60.2%
Housing tenure
87.4%
12.6%
Owner87.4%
Renter12.6%

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

2021 vs 2026

How Salado, TX has changed in 5 years

Income
$80,107 → $107,679
up 34.4%
Population
2,635 → 2,225
down 15.6%
Renter share
20.3% → 12.6%
-7.7 pts
Bachelor's+
55.4% → 60.2%
+4.8 pts

Census figures show median household income at $107,679 today, compared with $80,107 five years earlier. Census counts show Salado, TX losing about 410 residents over the five-year window, down 15.6% on net. The renter share has eased from 20.3% to 12.6%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 55.4% to 60.2% across the same window.

Community

Discussions about Salado

No discussions yet. Start the conversation.

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

Can you afford rent in Salado on your salary?

At $1,693/mo, how Salado rent compares to typical pay (30% rule).

By apartment size

Salado rent by bedroom count

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

Local insights

Tips for renters in Salado

About renting in Salado, TX

Last updated: October 17, 2026

The median rent in Salado is $1,693/mo as of October 2026. a 2-bedroom runs $877/mo and 3-bedroom units go for $950/mo.

At 19% of local median household income ($107,679/yr), Salado ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Salado?

To keep rent at or below 30% of gross income, you would need to earn at least $68,000/year (about $33/hour full-time) to afford the median rent of $1,693/mo in Salado. The local median household income is $107,679/yr, so the typical household meets that bar.

Is rent going up or down in Salado?

Rent in Salado has been roughly flat over the past year, a 0.0% change.

How does Salado rent compare to other cities in Texas?

Salado is in the middle among Texas cities for rent, ranking #117 of 257 tracked cities at $1,693/mo.

Which nearby cities are cheaper to rent in than Salado?

Nearby cities with lower median rent than Salado ($1,693/mo) include Killeen ($1,259/mo), Harker Heights ($1,459/mo), and Belton ($1,557/mo).
Income Affordability
19%
VERY AFFORDABLE

At $1,693/mo, rent takes ~19% of Salado's median household income ($107,679/yr). The standard benchmark is 30%.

Salado 19%Benchmark 30%
State income taxNone
Run the Salado affordability calculator →
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Salado, TX

Recent submissions

Be the first to submit your rent for Salado.

Recent discussions

No discussions yet.