Cost of Living in Laredo, Texas
Laredo has a population of about 257,619. The median household income is $63,915, median gross rent is $1,030/month, and the median home value is $193,500. Below is how Laredo compares to the US.
Is Laredo expensive to live in?
Compared with the national median, rent in Laredo is 38% below the national median and home values are 48% below the national median. Household income here is 24% below the national median. Monthly rent represents roughly 19% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in Laredo?
The median gross rent in Laredo, Texas is $1,030 per month (US Census ACS).
What is the median home price in Laredo?
The median home value in Laredo is $193,500.
How much do people earn in Laredo?
The median household income in Laredo is $63,915 per year.
Data source: U.S. Census Bureau, 2024 American Community Survey (ACS) 5-Year Estimates. Last updated 2026-07-11.