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Housing Affordability in Laredo, TX
Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.
- Households paying 30%+ for housing
- 36.1%
- Texas 33.1%
- Renters paying 30%+
- 54.9%
- Texas 51.7%
- Homeowners paying 30%+
- 26.5%
- Texas 22.6%
- Owner costs with a mortgage
- $1,716/mo
- Texas $2,106/mo
Housing costs compared with income
- Renters paying 30% or more14,05554.9%
- Homeowners paying 30% or more13,11126.5%
- Renters paying 50% or more7,31528.6%
- Median rent as a share of income: 32.2%
- Median owner costs as a share of income, with a mortgage: 24.0%
- Median owner costs without a mortgage: $601/mo
- Median home value divided by median household income: 3.0
How it compares
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| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Laredo, TX | 36.1% | 54.9% | 26.5% | 32.2% |
| Webb County | 35.7% | 55.1% | 26.0% | 32.3% |
| Texas | 33.1% | 51.7% | 22.6% | 30.9% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in Laredo, TX?
- In Laredo, TX, 36.1% of households spend 30% or more of their income on housing costs.
- How does Laredo compare with Texas?
- The households paying 30%+ for housing in Laredo is 36.1%, compared with 33.1% for Texas as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates