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These days, finding an affordable place to live in the Hidalgo area can be challenging. Home prices in Hidalgo are now at a median cost of $160,305, lower than the Texas average of $322,096.
The average cost of rent is $938/mo in Hidalgo, primarily driven by the current value of real estate in the Hidalgo area. In Hidalgo, 19.41% of households rent, and 41.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hidalgo is $5,128 per month. Households that rent pay about 18.28% of their income on rent here. Hidalgo’s most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Granjeno, TX: higher priced homes
- Pharr, TX: less expensive homes
- El Gato, TX: equally priced homes
- San Juan, TX: less expensive homes
- Madero, TX: less expensive homes
- McAllen, TX: equally priced homes
- Alamo, TX: less expensive homes
- Palmhurst, TX: higher priced homes
- Lopezville, TX: equally priced homes
- Palmview South, TX: less expensive homes
Cities with Similar Populations
- Lowell, AR: higher priced homes
- Robertsdale, AL: higher priced homes
- Ridgeland, SC: higher priced homes
- Ridgefield Park, NJ: higher priced homes
- Richton Park, IL: higher priced homes
- Rehoboth Beach, DE: higher priced homes
- Reedsburg, WI: higher priced homes
- Rantoul, IL: less expensive homes
- Medway, MA: higher priced homes
- McFarland, WI: higher priced homes
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