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Rental Market Trends in Mercedes, TX

What is the average rent in Mercedes, TX?

$698/month

Average Rent

620 Sq Ft

Average Apartment Size

-1.3%

Decrease in the Last Year

As of June 2025, the average rent in Mercedes, TX is $698 per month. This is 57% lower than the national average rent of $1,627/month, making renting in Mercedes more affordable than most cities in the US. When you rent an apartment in Mercedes, you can expect to pay about $504 per month for a studio, $698 for a one-bedroom apartment, and around $685 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $722 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$504/month
458 Sq Ft
One Bedroom
$698/month
620 Sq Ft
Two Bedroom
$685/month
710 Sq Ft
Three Bedroom
$722/month
723 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,259/month
1,004 Sq Ft
Three Bedroom
$1,723/month
1,360 Sq Ft
Four Bedroom
$1,902/month
1,497 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,132/month
1,038 Sq Ft
Three Bedroom
$1,850/month
1,350 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,080/month
954 Sq Ft

How much has average rent changed in Mercedes, TX?

In the past year, rent has decreased by 1.3%, which averages out to $8 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Mercedes, TX
Last Updated June 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Mercedes, TX
Percentage*
Rent Range
80% Below $700/month
20% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Mercedes, TX?

Because the average rent in Mercedes is $698, you’ll want to make about $2,326 per month or $27,912 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Mercedes, TX

366 Available Apartments for Rent

Search for Nearby Apartments

How does Mercedes, TX compare to other nearby cities and neighborhoods?

Use the tool below to compare Mercedes, TX to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Mercedes, TX

Apartment Averages

Nearby City Rent Trends

  • Weslaco Average Rent
  • Donna Average Rent

Apartment communities in Mercedes we think you'll love

Heron’s Landing

Heron’s Landing

4005 E Pike Blvd,
Weslaco, TX 78599

2-3 Beds | $1,225 - $1,450

Palms Cabanas

Palms Cabanas

2900 N Texas Blvd,
Weslaco, TX 78599

1-2 Beds | $899 - $1,025

Domain Luxury Townhomes

Domain Luxury Townhomes

607 E 16th St,
Weslaco, TX 78596

2 Beds | $1,300

Mercedes Place Apartments

Mercedes Place Apartments

1202 N Mile 1 East,
Mercedes, TX 78570

1-2 Beds | $749 - $885

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United States Texas Mercedes Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity