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Rendon

Learn about the people, housing, costs and businesses in Rendon, Texas

Median Home$363,407
Median Rent$1,554/month
Population14,202
Leading IndustriesFinance & Insurance · Information & Media · Transportation8% finance & insurance
Home Value Growth⬆⬆+11.4% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners88% of occupied units
NotableHigh Incomes$116k/year · top 10% nationally
Rendon
TX

Frequently Asked Questions

What are today's mortgage rates in Rendon?

As of today, the 30-year fixed mortgage rate for Rendon is approximately 6.858% (6.893% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Rendon?

The median home value in Rendon is $363k. The median monthly rent is $1,554. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rendon?

Home values in Rendon have increased 11.4% 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 Rendon?

Based on a typical all-in ownership cost of $1,784/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $76k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rendon is $116k/year.

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What industries drive the economy in Rendon?

The largest employment sectors in Rendon are public administration (23%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.