City Report · TX

Salado

Pop. 2,225·101st most expensive in Texas·Rental market data updated monthly for Salado, TX
Median rent (all units)
$1,756/mo
Year-over-Year
Stable
Month-over-Month
-9.9%
vs US Median
-$209
Falling (Monthly)
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Most AffordableMost Expensive
Salado · $1,756
More affordable than 57% of US cities · National median $1,965/mo
Affordability
20% of income
VERY AFFORDABLE
0%30% benchmark60%+

At $1,756/mo, rent takes about 20% of the local median household income, comfortably within the 30% benchmark.

Income to afford
$70,000/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 →
Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$21,072/yr
At $1,756/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -9.9% MoM), not inventory.
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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

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

Can you afford rent in Salado on your salary?

At $1,756/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: July 20, 2026

The median rent in Salado is $1,756/mo as of July 2026.

At 20% 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

Is Salado an affordable city for renters?

Salado is considered very affordable for renters. At $1,756/mo, rent takes approximately 20% of the local median household income ($107,679/yr). The standard benchmark is 30%. Salado falls comfortably within that range.

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 $70,000/year (~$34/hour full-time) to afford the median rent of $1,756/mo in Salado. The local median household income is $107,679/yr, meaning the typical Salado household meets that threshold.

Is rent going up or down in Salado?

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

How does Salado rent compare to other cities in Texas?

Salado is middle-of-the-pack for Texas for rent, ranking #101 out of 269 tracked cities at $1,756/mo.

Which nearby cities are cheaper to rent in than Salado?

Several nearby cities have lower median rents than Salado ($1,756/mo): Killeen ($1,254/mo), Nolanville ($1,361/mo), Harker Heights ($1,612/mo).

What percentage of Salado residents rent vs. own?

According to Census data, approximately 12.6% of Salado households are renters, while 87.4% are owner-occupied. Salado leans toward homeownership, which can mean a smaller rental inventory.

How does Salado rent compare to the national average?

Salado's median rent of $1,756/mo is $209 (11%) below the US national median of $1,965/mo. Within Texas, it ranks #101 out of 269 tracked cities.
Income Affordability
20%
VERY AFFORDABLE

At $1,756/mo, rent takes ~20% of Salado's median household income ($107,679/yr). The standard benchmark is 30%.

Salado 20%Benchmark 30%
State income taxNone
Run the Salado affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Salado, TX

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