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Rent in Alamo, TX

A 2-bedroom in Alamo, TX (ZIP 78516) typically rents for about $824 a month, with a range of $824–$1,017. Owner-occupied homes in Hidalgo County pay about 1.62% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.

Rent by bedrooms

Typical monthly rent in Alamo, TX by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$725$725–$8011
1 bed$476$476–$8061
2 beds$824$824–$1,0171
3 beds$909$909–$1,3051
4 beds$1,170$1,170–$1,4391

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Alamo ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Alamo, TX?
About $824 a month: the median of the typical rents in 1 ZIP code, which range from $824–$1,017. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Alamo, TX?
About $476 a month: the median of the typical rents in 1 ZIP code, which range from $476–$806. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Alamo, TX?
About $909 a month: the median of the typical rents in 1 ZIP code, which range from $909–$1,305. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Alamo, TX?
About $725 a month: the median of the typical rents in 1 ZIP code, which range from $725–$801. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Alamo, TX?
About $1,170 a month: the median of the typical rents in 1 ZIP code, which range from $1,170–$1,439. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Alamo, TX?
Owner-occupied homes in Hidalgo County pay a typical 1.62% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Alamo rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).