Home values, rents and more in Mercedes, TX
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open Mercedes in ProMap- Under $130k
- $130k–$150k
- $150k–$160k
- $160k–$180k
- $180k+
- No data
How Mercedes compares
The typical home in Mercedes, TX is worth about $137,000, according to the Zillow Home Value Index for September 2026. Home values in Mercedes are 28% below the typical value in the McAllen metro area ($189,000) and 63% below the U.S. typical value ($366,000).
Over the past year, home values in Mercedes rose 0.1%, compared with −0.4% in the McAllen metro area and +1.2% nationally.
Typical rent is $818 a month (Zillow Observed Rent Index), 27% below the McAllen metro area ($1,119) and 58% below the U.S. ($1,932).
The median household income is $46,904, against $54,338 in the McAllen metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 16,733 people live in Mercedes (American Community Survey 2020–24).
Mercedes has the 6th-lowest typical home value of the 30 cities in the McAllen metro area and the 103rd-lowest of 1,071 in Texas with Zillow figures.
Part of: Hidalgo County, TX · McAllen metro area · Texas
More for Mercedes in ProMap Plus
These measures are on the map for subscribers. Open ProMap to see them for Mercedes and every other place.
- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Crime rates
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby cities
ZIP codes in Mercedes, TX
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.