FairRentWize

Laredo Fair Market Rent 2026

HUD Fair Market Rent data for the Laredo metropolitan area. Median household income: $40,343/year. Vacancy rate: 6.5%.

2BR FMR

$698/mo

Median Income

$40,343

Vacancy Rate

6.5%

Rent Burden

20.8%

Fair Market Rent by Bedroom Size

Studio$463/mo
1 Bedroom$552/mo
2 Bedroom$698/mo
3 Bedroom$851/mo
4 Bedroom$966/mo

Affordability Analysis

Based on the 30% rule, a household earning the median income of $40,343/year can afford up to $1,009/mo in rent.

The 2BR FMR of $698/mo represents 20.8% of median income, which is within the 30% affordability threshold.

Rental Market Conditions

The vacancy rate of 6.5% in Laredo indicates a moderate rental market. A balanced market with reasonable availability for renters.

Frequently Asked Questions

What is the average rent in Laredo?

The 2026 HUD FMR for a 2-bedroom in the Laredo metro area is $698/month. 1BR: $552, 3BR: $851.

What is the vacancy rate in Laredo?

The rental vacancy rate in Laredo is 6.5%. A rate below 5% typically indicates a tight rental market.

Is Laredo affordable for renters?

With a median income of $40,343 and 2BR rent at $698/mo, rent takes about 21% of income in Laredo.

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