Weslaco, Texas Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Weslaco, Texas rental market.

Weslaco, Texas

Average Apartment Rent

$937

Y-o-Y Change in Average
Apartment Rent

-0.9%

As of March 2026

Compared to a year ago, Weslaco, Texas apartments have recorded a -0.9% rent decrease.

Weslaco, Texas Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Weslaco $962 $944 $940 $949 $929 $945 $952 $943 $937
National $1,735 $1,724 $1,729 $1,750 $1,743 $1,749 $1,763 $1,749 $1,750
Weslaco
National
Jul 2023
$962
$1,735
Nov 2023
$944
$1,724
Mar 2024
$940
$1,729
Jul 2024
$949
$1,750
Nov 2024
$929
$1,743
Mar 2025
$945
$1,749
Jul 2025
$952
$1,763
Nov 2025
$943
$1,749
Mar 2026
$937
$1,750

Weslaco, Texas Average Apartment Rent

Weslaco, Texas Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 82.76%, apartments priced Under $1,000 represent the bulk of Weslaco, Texas rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 17.24%.

Weslaco, Texas Housing tenure**

Renter occupied housing units 5,127
Owner occupied housing units 7,541

Renters take up 40% of Weslaco, Texas real estate, occupying a total of 5,127 units, while homeowners live in 7,541 properties.

Median number of rooms of renter-occupied housing units**

4.2

Renter median household income**

$33,047

Average household size of renter-occupied housing units**

3.02

Rental vacancy rate**

7.4%

Weslaco, Texas Renter-occupied housing units by no. of bedrooms**

No bedrooms 170
1 bed 860
2 beds 2,537
3 beds 1,210
4 beds 232
5 or more beds 118

There are 2,537 rentals in Weslaco, Texas with 2 beds making up the highest share of the market, at 49%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 118 units. Overall, the median number of rooms in Weslaco, Texas homes for rent is 4.2.

Weslaco, Texas Renter-occupied units by age of householder**

15 - 24 years 327
25 - 34 years 1,248
35 - 44 years 1,038
45 - 54 years 1,090
55 - 59 years 201
60 - 64 years 239
65 - 74 years 448
75 - 84 years 394
85 years and over 142

Most condos for rent in Weslaco, Texas are occupied by residents in the 25 - 34 years age group (24%), followed by those in the 45 - 54 years age group (21%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 3%.

Weslaco, Texas Renter-occupied housing units by family type**

Family households 3,697
Non-Family Households 1,430

Weslaco, Texas Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 2,326
No related children of the householder under 18 2,801

A total of 3,697 apartments for rent in Weslaco, Texas, or 72% of all rentals are family households. Additionally, 45% of rental homes include children under the age of 18 – that’s 2,326 units. All in all, the median size of a renter-occupied household in Weslaco, Texas is 3.02.

Weslaco, Texas Renter-occupied housing units by educational attainment**

Less than high school graduate 1,399
High school graduate (including equivalency) 1,329
Some college or associate's degree 1,662
Bachelor's degree or higher 737

In terms of education, renters holding bachelor degrees or higher make up 14% of the rental market. In contrast, residents with less than a high school degree reside in 27% of the homes for rent in Weslaco, Texas.

Weslaco, Texas Renter-occupied units by year structure built**

Built 2010 - 2019 1,084
Built 2000 - 2009 847
Built 1990 - 1999 738
Built 1980 - 1989 873
Built 1970 - 1979 863
Built 1960 - 1969 240
Built 1950 - 1959 257
Built 1940 - 1949 122
Built 1939 or earlier 103

The highest share of Weslaco, Texas apartment rentals, namely 21% or 1,084 units, were Built 2010 - 2019, followed by those Built 1980 - 1989 (17%, 873 units), and the ones Built 1970 - 1979 (17%, 863 units).

Weslaco, Texas Renter-occupied units by year householder moved in**

Moved in 2021 or later 731
Moved in 2018 to 2020 1,894
Moved in 2010 to 2017 1,756
Moved in 2000 to 2009 564
Moved in 1990 to 1999 116
Moved in 1989 or earlier 66

Median year renter moved into unit 2018

Most Weslaco, Texas renters (37%) moved in 2018 to 2020, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Weslaco, Texas condos for rent is 2018.

Weslaco, Texas Renter-occupied housing units by vehicles available**

No vehicle available 992
1 vehicle available 2,166
2 vehicles available 1,502
3 vehicles available 319
4 vehicles available 56
5 or more vehicles available 92

When it comes to transportation options, 42% of Weslaco, Texas renters have 1 vehicle available per household, 29% of them have 2 vehicles available, and 19% have No vehicle available.

Weslaco, Texas Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 3,587
Car, truck, or van - carpooled 367
Walked 262
Taxicab, motorcycle, bicycle, or other means 708
Worked at home 477

Weslaco, Texas Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 11,300
Moved within same county 2,729
Moved from different county within same state 669
Moved from different state 370
Moved from abroad 284

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Weslaco, Texas apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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