Mercedes, TX has a population of 16,588, while the median age is 30. The household income in Mercedes, TX is around $32,424. The homeownership rate among the residents is 62%. The median residential property value in Mercedes, TX that you should keep in mind is $62,500.
Population | 16,588 |
Median Age | 29.9 |
Poverty Rate | 35% |
Household Income | $32,424 |
Number Of Employees | 5,923 |
Median Property Value | $62,500 |
Rent Price |
May | vs Last Month |
---|---|---|
1-bed apartments | $635 | -61.9% |
2-bed apartments | $934 | -49.5% |
3-bed apartments | $825 | -78% |
Over the May 2023, the average rent for an apartment in/near Mercedes, TX decreased by 64.8% to $889.
The average price for a rental studio in Mercedes, TX has remained the same as last month and equals $1,449. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 61.9% to $635. Pricing for 2-bed apartment also decreased by 49.5% and a place of this size will now cost you $934. 3-bed apartment rent pricing starts at $825, it decreased by 78% lately. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $3,810 for a big-family home.
Rent Type Price |
May | vs Last Month |
---|---|---|
Apartments for rent | $889 | -55.8% |
The median rent for an apartment in Mercedes, TX decreased by 55.8% to $889. The median rent for a house is still $3,402 with no significant changes this month. Condo for rent is now available for the same pricing as previously — $1,800. If you’re looking for a room, the price tag still starts at $200. The median price did not change this time.