Expensive
Affordable
Affordable
Colorblind friendly
off
These days, finding an affordable place to live in the Mercedes area can be challenging. Home prices in Mercedes are now at a median cost of $106,174, lower than the Texas average of $322,096.
The average cost of rent is $868/mo in Mercedes, primarily driven by the current value of real estate in the Mercedes area. In Mercedes, 27.91% of households rent, and 68.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mercedes is $4,002 per month. Households that rent pay about 21.68% of their income on rent here. Mercedes’s most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rio Rico, TX: less expensive homes
- Weslaco, TX: higher priced homes
- Solis, TX: higher priced homes
- Bixby, TX: less expensive homes
- Progreso, TX: higher priced homes
- Midway South, TX: higher priced homes
- Relampago, TX: less expensive homes
- Midway North, TX: equally priced homes
- La Feria, TX: higher priced homes
- Laguna Seca, TX: higher priced homes
Cities with Similar Populations
- Southlake, TX: higher priced homes
- Dawsonville, GA: higher priced homes
- East Wenatchee, WA: higher priced homes
- Englewood, FL: higher priced homes
- Foothill Farms, CA: higher priced homes
- Fruit Cove, FL: higher priced homes
- Galesburg, IL: higher priced homes
- Garfield, NJ: higher priced homes
- Locust Grove, GA: higher priced homes
- Quakertown, PA: higher priced homes
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood