Measured against area pay, Mi Ranchito Estate costs more to live in than 55% of U.S. towns
Home prices around Mi Ranchito Estate have risen about 74% over the past 5 years.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Rio Grande City-Roma, TX micro area ($38K). How TownRatings grades cost of living
Only 1 sale in March 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
The grade compares costs with what households across the Rio Grande City-area micro earn ($38K, Census 2020–24). Even so, the typical home costs 5.8 years of area income.
In dollars
- $980a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
In paychecks the grade
- 5.8 yrsof area income buys the typical home; the typical U.S. town: 3.3$38K, Rio Grande City-area income
- 4%of owners do; the typical U.S. town: 20%Census 2020–24
Housing in Mi Ranchito Estate, in brief
Prices rose faster than Texas’ over five years
There’s no Zillow index for Mi Ranchito Estate, so the page uses the federal house price index for the ZIP code around it, which follows repeat sales of the same homes. It rose 74% over five years, against 43% across Texas. Price trend ↓
A low property tax rate
Owners pay about 0.75% of a home’s value a year in property tax, against 1.49% across Texas. The median bill is $1,637 (Texas: $4,232). Property taxes ↓
Written from the data on this page. There’s no Zillow index for Mi Ranchito Estate, so the typical value is an estimate: the Census median carried forward with the federal house price index; incomes, rents paid, taxes and ownership come from the Census American Community Survey.
What’s behind Mi Ranchito Estate’s grade
Measured against what households in the area earn, Mi Ranchito Estate is more affordable than 45% of U.S. towns. Home prices pull the grade down most; the share of households paying 30%+ for housing holds it up.
Home prices up 74% in 5 years
The federal house price index for the ZIP code around Mi Ranchito Estate rose 74% over the past 5 years, faster than across Texas (43%). Last year prices rose 13%. Carrying the Census median home value forward with that index puts the typical Mi Ranchito Estate home at roughly $281,000 today.
Carrying the Census median forward with the index puts a typical home at about $281K.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Mi Ranchito Estate, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A typical home costs 5.8 years of area income
The calculator starts from the area income the grade uses. Switch to Mi Ranchito Estate’s own median, or type yours.
That’s $130K short of a typical Mi Ranchito Estate home.
A two-bedroom rents for about $980 a month here, $670 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Mi Ranchito Estate’s typical property tax (0.75% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $980
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Starr County, TX): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Property tax runs below the Texas norm
The median bill is $1,637 (Texas: $4,232), 0.75% of a home’s value a year, against 1.49% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
Mi Ranchito Estate and its neighbors
One source per column.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, latest | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Mi Ranchito Estate | B− | — | $217K | 0.75% | $980 |
“—” under Zillow: Zillow publishes no value for that town, so it’s left blank rather than mixed with Census figures.
Questions about the cost of living in Mi Ranchito Estate
Is Mi Ranchito Estate expensive to live in?
Measured against what households in the area earn, Mi Ranchito Estate costs more than 55% of U.S. towns: a B− for cost of living. The typical home costs 5.8 years of the median household income of the Rio Grande City-Roma, TX micro area ($38K).
How much is rent in Mi Ranchito Estate?
HUD puts a two-bedroom at about $980 a month with utilities, the going rate for someone moving in.
What are property taxes in Mi Ranchito Estate?
The median bill is $1,637 a year, 0.75% of the median home value (Texas: $4,232, 1.49%), from the Census 2020–24.
Neighbors talk housing
What Mi Ranchito Estate buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, March 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.