Market Summary

Mercedes, Hidalgo County, TX

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Median Home Price Price

$137,965 $138K

Median Monthly Rent Rent

$1,021 $1K

GRM

11.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Hidalgo County

Region Price Rent GRM Display
$167,396 $988 14.0x
$147,014 $949 13.0x
$137,085 $1,081 10.0x
$153,024 $1,110 11.0x
$210,939 $1,143 15.0x
$145,488 $1,041 12.0x
$138,988 $719 16.0x
$177,233 $1,227 12.0x
$163,542 $1,116 12.0x
$190,534 $1,073 15.0x
$166,418 $1,105 13.0x
$115,471 $1,066 9.0x
$177,522 $1,158 13.0x
$162,109 $1,279 11.0x
$137,918 $1,066 11.0x

Home prices

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Monthly rent

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GRM

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Similar markets within TX outside of Hidalgo County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets outside of TX

Region Price Rent GRM Display
$137,284 $948 12.0x
$157,631 $1,004 13.0x
$147,719 $1,144 11.0x
$162,690 $1,134 12.0x
$468,968 $1,118 35.0x
$266,524 $1,561 14.0x
$258,380 $1,172 18.0x
$304,343 $1,223 21.0x
$144,345 $1,302 9.0x
$212,682 $1,110 16.0x
$201,810 $1,240 14.0x
$169,665 $1,056 13.0x
$530,875 $1,159 38.0x
$74,683 $1,224 5.0x
$151,217 $1,090 12.0x
$272,826 $1,841 12.0x
$150,303 $921 14.0x
$180,858 $1,311 11.0x
$202,327 $1,345 13.0x
$128,760 $1,350 8.0x
$280,427 $1,125 21.0x
$408,436 $1,155 29.0x
$80,226 $879 8.0x
$164,279 $1,032 13.0x
$235,730 $1,089 18.0x
$332,059 $2,187 13.0x

Home prices

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Monthly rent

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GRM

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Mercedes

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Trend Insights

Median Rent in Mercedes, TX is $1,021, with MoM change +$7 and YoY change +$20 pointing to positive momentum while volatility is low (std $4).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Mercedes, TX.

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Metric
Base market Mercedes, TX
Compare market Select a market
Delta vs base
Median rent
$1,021
N/A
Median price
$137,965
N/A
YoY change
+$20
N/A
Price-to-rent
11.3x
Data unavailable
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