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RE Intelligence

Rental numbers for Hidalgo County, TX

The typical home here runs -$767 a month at 7.78% with 25% down. 0 of 15 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 7.6%.

Gross yield
7.0%
typical home, Zillow
Median ZIP yield
7.6%
15 ZIPs with full data
Cash flow
-$767/mo
at 7.78%, 25% down
Typical price
$193,000
Zillow ZHVI, Aug 2026
Typical rent
$1,122/mo
Zillow ZORI, Aug 2026

ZIP codes in Hidalgo County

25 with published figures

78549Hargill$96,000$1,000*12.5%4.2%-$179n/a
78516Alamo$170,000$1,55011.0%5.1%-$196n/a
78562La Villa$113,000$980*10.4%3.4%-$288n/a
78574La Homa$194,000$1,67510.4%4.8%-$277n/a
78579Progreso$133,000$1,040*9.4%3.0%-$382n/a
78543Elsa$127,000$970*9.2%2.6%-$409n/a
78595Sullivan City$128,000$970*9.1%2.4%-$431n/a
78572Mission$196,000$1,3558.3%2.9%-$584-1.2%
78577Pharr$165,000$1,1238.2%2.0%-$620+0.6%
78596Weslaco$169,000$1,1228.0%2.5%-$563-1.2%
78503McAllen$180,000$1,1887.9%2.1%-$653+1.1%
78504McAllen$266,000$1,7187.8%2.8%-$817+2.7%
78537Donna$153,000$9767.6%1.8%-$594n/a
78538Edcouch$153,000$970*7.6%1.9%-$576n/a
78560La Joya$161,000$970*7.2%1.4%-$684n/a
78576Penitas$164,000$970*7.1%1.7%-$656n/a
78599Weslaco$190,000$1,1107.0%1.7%-$756n/a
78589San Juan$183,000$1,050*6.9%1.2%-$801n/a
78501McAllen$197,000$1,1266.9%1.7%-$791-0.5%
78542Edinburg$206,000$1,1366.6%1.9%-$787+0.1%
78557Hidalgo$190,000$980*6.2%0.6%-$926n/a
78573Alton$214,000$1,1056.2%1.3%-$929+0.3%
78539Edinburg$243,000$1,1405.6%0.6%-$1,190+0.5%
78541Edinburg$215,000$9945.6%0.7%-$1,034+1.7%
78570Mercedes$141,000$6105.2%-0.6%-$832n/a

* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.

Trends

Five years to August 2026

Price, 12 months
-0.2%
Rent, 12 months
+0.5%
Rent minus price growth
+0.7 pts
Property tax
1.62%
effective rate, ACS 2024
Typical value (Zillow ZHVI) Rent (Zillow ZORI)Indexed to 100 at Aug 2021
9010011012013014020222023202420252026
Show the numbers
MonthTypical valueRent
Aug 2021$150,444$971
Aug 2022$176,942$1,056
Aug 2023$186,243$1,096
Aug 2024$194,913$1,109
Aug 2025$193,352$1,116
Aug 2026$193,010$1,122

HUD Fair Market Rent

FY2027, McAllen-Edinburg-Mission, TX MSA

BedroomsStudio1 bed2 bed3 bed4 bed
Fair Market Rent$801$806$1,017$1,305$1,439

The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.

Supply

Permits per 1,000 households
23.8
6,435 units, last 12 months
National percentile
93th
among US counties

Tools

Test a listing in Hidalgo County against today's rate.

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Part of the McAllen, TX metro.

Questions

Is Hidalgo County good for rental property?
The typical home here runs -$767 a month at 7.78% with 25% down. 0 of 15 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 7.6%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
What is the property tax rate in Hidalgo County?
About 1.62% of value, from Census ACS median taxes paid over median home value. On a $193,000 home that is about $3,121 a year.
What is Fair Market Rent in Hidalgo County?
HUD's FY2027 Fair Market Rent here is $806 for a 1-bedroom, $1,017 for a 2-bedroom and $1,305 for a 3-bedroom. Typical cash flow at today's rate is -$767 a month.

Sources and method

Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.

Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.