Affordable

What Salary Do You Need to Live in Laredo?

To afford a 2-bedroom in Laredo, you need to earn at least $46,640/year based on estimated fair market rent data. The median household income here is $60,928, which means the typical resident is $14,288 above the threshold.

Census ACS Data Pop. 255,293

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$816	$2,720	$32,640	$-28,288
1 Bedroom	$968	$3,227	$38,720	$-22,208
2 Bedroom BENCHMARK	$1,166	$3,887	$46,640	$-14,288
3 Bedroom	$1,423	$4,743	$56,920	$-4,008
4 Bedroom	$1,749	$5,830	$69,960	+$9,032

Affordability Breakdown

Where the required salary line crosses above Laredo's median income — housing becomes unaffordable for the typical resident.

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$60,928

Annual household

2BR Required Salary

$46,640

Under 30% rule

Income Gap

+$14,288

Surplus

Verdict

Affordable

Ratio: 23.0%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Laredo

Your Annual Salary

Pre-filled with Laredo's median household income

Max monthly rent you can afford$1,523

Studio

$816/mo

1 BR

$968/mo

2 BR

$1,166/mo

3 BR

$1,423/mo

4 BR

$1,749/mo

Your salary is $0 above the median income in Laredo.

Salary Comparison by Bedroom

Bars left of the marker line are affordable for Laredo's median earner. Bars to the right require above-median income.

Affordable Above Median Median Income

What This Means If You're Moving to Laredo

Living in Laredo is well within reach for most median-income earners. With a $14,288 cushion between what residents earn and what a 2-bedroom requires, households in Laredo typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Laredo, a studio at $816/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,423/month remains accessible for dual-income households earning above $56,920.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $69,960 would position you well — though many residents in Laredo manage on less given the favorable rent-to-income dynamics.

Economic Outlook

Local Job Market & Housing Dynamics

Affording rent isn't just about housing prices—it's heavily dependent on local employment opportunities and the strength of the job market in Laredo, Texas.

With a total population of 255,293, the city supports an active civilian workforce of 107,199 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $46,640 annual salary. The ratio of employed residents to the total population provides insight into the local economic health and competition for both jobs and housing.

Employed Workforce

107,199

Active civilian employees in Laredo

Frequently Asked Questions About Renting in Laredo

What salary do I need to live in Laredo, Texas?

To afford a 2-bedroom in Laredo under the 30% rule, you need an annual salary of at least $46,640. The median household income in Laredo is $60,928.

Can I afford a 2-bedroom in Laredo on $60,928?

The affordability verdict for Laredo is "Affordable". The rent-to-income ratio is 23.0%, meaning median earners have a $14,288 surplus.

What is the average rent in Laredo compared to median income?

The median gross rent in Laredo is $968/month. With a median household income of $60,928, residents spend approximately 23.0% of their income on rent.

What salary do I need for a studio in Laredo?

A studio in Laredo rents for approximately $816/month. Under the 30% rule, you need an annual salary of $32,640 to afford this.

Is Laredo considered an affordable place to live?

Based on the surplus of $14,288 and an affordability verdict of "Affordable", Laredo is considered a affordable rental market when comparing the required 2-bedroom salary of $46,640 to the local median household income.

How Laredo Compares

Other cities in Texas with salary requirements