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Palmhurst, TX
Full City Profile · Texas · Hidalgo County County
3.6
/5.0
B+
Good
2,595
Population
583/sq mi density
$82,629
Median Income
$38,045 per capita
$266,700
Home Value
$281,552 Zillow
$816
Median Rent
25.5% income on rent
73°F
Avg Temperature
312 sunny days/yr
113
Violent Crime/100K
10,372 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$82,629 median income, 4.3% unemployment
A+
Affordability
4.9 / 5.0
$266,700 home value, $816/mo rent
F
Safety
1.0 / 5.0
113 violent crimes/100K
A
Education
4.2 / 5.0
40.6% bachelor's degree or higher
Housing Overview
Median Home Value
$266,700
5% below
US avg: $281,900
Median Rent
$816/mo
30% below
US avg: $1,163/mo
Homeownership Rate
81.9%
25% above US avg (65.4%)
Total Housing Units
874
Median year built: 1997
Home Value by Source
Census Median
$266,700
Zillow (ZHVI)
$281,552
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
81.9%
Owner-Occupied
18.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent:
$816/mo
Affordability & Housing Stock
Rent Burden
25.5%
of renters spending 30%+ of income on housing
18% below US avg (31.0%)
Median Year Built
1997
Average age of housing stock: 29 years
Homeownership Rate
81.9%
Complete Housing Data
Home Values
| Census Median Value | $266,700 |
| Zillow Home Value (ZHVI) | $281,552 |
Rent
| Census Median Rent | $816 |
| FMR Studio | $887 |
| FMR 1-Bedroom | $935 |
| FMR 2-Bedroom | $1,149 |
| FMR 3-Bedroom | $1,497 |
| FMR 4-Bedroom | $1,733 |
Market
Ownership & Stock
| Owner-Occupied | 81.9% |
| Renter-Occupied | 18.1% |
| Homeownership Rate | 81.9% |
| Total Housing Units | 874 |
| Median Year Built | 1997 |
| Rent Burden | 25.5% |