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Laredo

Learn about the people, housing, costs and businesses in Laredo

Median Home$189,150
Median Rent$1,160/month
Population269,294
Leading IndustriesInformation & Media · Finance & Insurance · Manufacturing17% information & media
Home Value Growth⬆⬆+16.9% over 2 years
Family-Friendly31% of residentstop 1% nationally
Homeowners65% of occupied units
Laredo

Frequently Asked Questions

What are today's mortgage rates in Laredo?

Mortgage rates for Laredo are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

View current rates for Laredo
What is the median home price in Laredo?

The median home value in Laredo is $189k. The median monthly rent is $1,160. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Laredo?

Home values in Laredo have increased 16.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Laredo?

Based on a typical all-in ownership cost of $1,160/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Laredo is $65k/year.

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What industries drive the economy in Laredo?

The largest employment sectors in Laredo are public administration (22%) and information and media (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.