Renting in Progreso Lakes: a two-bedroom costs about $1,070
Progreso Lakes is too small for a cost of living grade (TownRatings grades places of 1,000 or more).
Only 0 sales in September 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
Housing in Progreso Lakes, in brief
Values rose faster than Texas’ over five years
The typical Progreso Lakes home is up 27% in five years, against 10% across Texas. Price trend ↓
Still rising while Texas slips
Over the past year the typical Progreso Lakes home gained 2.7%, while the Texas typical home lost 1.5%. Price trend ↓
Written from the data on this page. Home values are the Zillow Home Value Index, through September 2026; permits are Census figures through 2025; incomes, rents paid, taxes and ownership come from the Census American Community Survey, which has wide margins in a place this size.
Why Progreso Lakes isn’t graded
The grade needs at least two of four Census figures: home value, rent, property tax and the share of households paying 30% or more for housing.
A two-bedroom rents for about $1,070
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (McAllen-Edinburg-Mission, TX MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Property tax runs above the Texas norm
The median bill is $4,857 (Texas: $4,232), 2.21% 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+”.
Progreso Lakes and its neighbors
One source per column.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, September 2026 | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Progreso Lakes | – | $348K | $220K | 2.21% | $1,070 |
“—” under Cost: not graded (too little Census data, or under 1,000 residents).
Questions about the cost of living in Progreso Lakes
How much is rent in Progreso Lakes?
HUD puts a two-bedroom at about $1,070 a month with utilities, the going rate for someone moving in.
What are property taxes in Progreso Lakes?
The median bill is $4,857 a year, 2.21% of the median home value (Texas: $4,232, 1.49%), from the Census 2020–24.
Why doesn’t Progreso Lakes have a cost of living grade?
Progreso Lakes is too small for a cost of living grade (TownRatings grades places of 1,000 or more).
Neighbors talk housing
What Progreso Lakes buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, September 2026. Sales, days on market and supply: Redfin Data Center, September 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. 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.