Laredo, Texas, is a vibrant city situated along the US-Mexico border in south-central Texas. With a population of more than 250,000, it is the tenth most populous city in the state. The city is known for its diverse culture, vibrant art and music scene, and its many attractions, including the World Trade Bridge, one of the busiest international border crossings in the world.
The rental market in Laredo is booming, with prices ranging from as low as $500 for a studio apartment to $1,200 for a three-bedroom unit. Apartments are the most popular choice for renters, and there are plenty of options to choose from. There are also townhouses, condos and single-family homes for rent, as well as duplexes and other multi-family properties.
The best neighborhoods for renters in Laredo are those closest to the downtown area, where the city’s best restaurants, bars, shopping and entertainment venues can be found. These neighborhoods include La Presa, San Bernardo, and Los Obispos. Other desirable neighborhoods include Las Lomas, San Isidro, and El Indio.
The average monthly rent in Laredo is $890
The average rental price of an apartment in Laredo, TX is $817 per month. The average rental price of a townhouse in Laredo, TX is $1,062 per month. The average rental price of a condo in Laredo, TX is $805 per month. The average rental price of a loft in Laredo, TX is $859 per month. The average rental price of a single family home in Laredo, TX is $1,286 per month.
Rental prices in Laredo, TX have seen a significant increase over the last 5 years. According to Zillow, the median rent for a one-bedroom apartment in Laredo has increased from $585 in 2015 to $780 in 2020, an increase of 33%. The median rent for a two-bedroom apartment has increased from $695 in 2015 to $1,050 in 2020, an increase of 51%.
1-bedroom: $895
2-bedroom: $1,095
3-bedroom: $1,250
School districts in Laredo, TX compare favorably to the rest of the United States. According to the U.S. Department of Education, Laredo ISD schools had an average graduation rate of 94%, which was higher than the national average of 88%. Laredo also had a higher-than-average student-teacher ratio of 14.7, compared to the national average of 16.2. Additionally, students in Laredo ISD schools scored an average of 21.1 on the ACT, which was higher than the national average of 20.7.
1. Calton Heights
2. South Laredo
3. Laredo Heights
4. San Augustin
5. La Presa
1. La Presa
2. Lakeside
3. Country Club Estates
4. Riverview Estates
5. El Cenizo Estates