Measured against area pay, Progreso costs less to live in than 71% of U.S. towns
It ranks #95 of 642 in Texas for affordability. Up 0.9% in a year, 60% below the Texas typical home.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the McAllen-Edinburg-Mission, TX metro area ($54K). How TownRatings grades cost of living
Only 1 sale in September 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 McAllen metro earn ($54K, Census 2020–24). The typical home costs 1.3 years of metro income, and 57% of renters pay 30% or more of income for housing.
In dollars
- $119Ktypical home, 60% below the Texas typical homeZillow, September 2026
- $1,050a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
- 86prices across the McAllen metro, where the U.S. is 100 (housing 56)BEA Regional Price Parities, 2024
In paychecks the grade
- 1.3 yrsof area income buys the typical home; the typical U.S. town: 3.3$54K, McAllen-area income
- 21%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 57%of renters pay 30%+ of income for housing; across Texas: 52%Census 2020–24
- 17%of owners do; the typical U.S. town: 20%Census 2020–24
Housing in Progreso, in brief
Values rose faster than Texas’ over five years
The typical Progreso home is up 57% in five years, against 10% across Texas. Since October 2016 it has more than doubled, from $49K to $119K. Price trend ↓
Owning can cost less than renting
With 20% down at the calculator’s rate, the typical Progreso home runs about $780 a month with tax and insurance. A two-bedroom rents for about $1,050. Can I afford it? ↓
Fewer people, more homes
Between the 2010 and 2020 censuses, Progreso lost 700 residents while 184 new homes were permitted. New homes ↓
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.
What’s behind Progreso’s grade
Measured against what households in the area earn, Progreso is more affordable than 71% of U.S. towns, #95 of 642 in Texas. Rent pulls the grade down most; home prices hold it up.
Values have outpaced Texas: the typical Progreso home is up 57.0% in five years, against 10.1% statewide (Zillow).
Up 57% in five years
Faster than Texas (10.1%).
Show as a table
| January | Progreso | Texas |
|---|---|---|
| 2017 | $49,000 | $188,000 |
| 2018 | $50,000 | $200,000 |
| 2019 | $54,000 | $212,000 |
| 2020 | $60,000 | $221,000 |
| 2021 | $75,000 | $240,000 |
| 2022 | $78,000 | $284,000 |
| 2023 | $92,000 | $310,000 |
| 2024 | $115,000 | $308,000 |
| 2025 | $116,000 | $308,000 |
| 2026 | $119,000 | $300,000 |
| September 2026 | $119,000 | $296,000 |
A typical Progreso home worth $49K in October 2016 is worth about $119K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through September 2026.
A typical home costs 1.3 years of area income
The calculator starts from the area income the grade uses. Switch to Progreso’s own median, or type yours.
That covers a typical Progreso home, with $73K to spare.
A two-bedroom rents for about $1,050 a month here, $270 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Progreso’s typical property tax (1.56% 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 $1,050
Renters already here pay a median of $935, so moving in tends to cost more than staying put.
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.
6 new homes permitted in 2025
Builders were permitted 6 new homes in Progreso in 2025, all single-family houses, worth about $1.1 million to build. That's 1.2 per 1,000 residents, slower than across Texas (8.1). Over the past 10 years, Progreso has permitted 265 homes in all.
Between the 2010 and 2020 censuses, Progreso's population fell by 700 even though 184 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Texas: 2.6 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 10 | 10 | 0 | $519,000 |
| 2025 | 6 | 6 | 0 | $1.1 million |
| 2024 | 15 | 15 | 0 | $4.3 million |
| 2023 | 40 | 28 | 12 | $4.4 million |
| 2022 | 41 | 27 | 14 | $4.5 million |
| 2021 | 39 | 29 | 10 | $4.4 million |
| 2020 | 35 | 25 | 10 | $3.9 million |
| 2019 | 30 | 20 | 10 | $3.3 million |
| 2018 | 23 | 19 | 4 | $2.7 million |
| 2017 | 19 | 17 | 2 | $2.3 million |
| 2016 | 17 | 15 | 2 | $2.1 million |
| 2015 | 13 | 13 | 0 | $1.6 million |
| 2014 | 16 | 14 | 2 | $2 million |
| 2013 | 12 | 12 | 0 | $2.3 million |
| 2012 | 20 | 20 | 0 | $833,000 |
| 2011 | 18 | 18 | 0 | $749,000 |
| 2010 | 16 | 16 | 0 | $667,000 |
| 2009 | 16 | 16 | 0 | $662,000 |
| 2008 | 25 | 17 | 8 | $824,000 |
| 2007 | 35 | 27 | 8 | $1.1 million |
| 2006 | 40 | 40 | 0 | $1.5 million |
| 2005 | 59 | 59 | 0 | $8.8 million |
| 2004 | 20 | 20 | 0 | $2.4 million |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 20 | 20 | 0 | $2.5 million |
| 2000 | 19 | 19 | 0 | $570,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Low tax bills, but a high tax rate
The median bill is $1,079, under the Texas median of $4,232, because homes cost less. As a share of value it’s 1.56% 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+”.
The rest of a budget near Progreso
Only figures published free for the whole country, each labeled with the area it covers: the McAllen-Edinburg-Mission, TX metro area, or Texas. Groceries follow the goods price level; nobody publishes them town by town.
| Cost | Here | Compared with | Area | Source |
|---|---|---|---|---|
| Prices overall U.S. = 100 | 86 | TX 97 | metro | BEA, 2024 |
| Goods (groceries, clothing, cars…) U.S. = 100 | 94 | TX 98 | metro | BEA, 2024 |
| Utilities U.S. = 100 | 81 | TX 88 | metro | BEA, 2024 |
| Other services U.S. = 100 | 96 | TX 97 | metro | BEA, 2024 |
Price levels: U.S. Bureau of Economic Analysis, Regional Price Parities 2024 (metro area and state). Electricity: U.S. Energy Information Administration, Electric Power Monthly, table 5.6.A.
Progreso 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 | B+ | $119K | $69K | 1.56% | $1,050 |
Questions about the cost of living in Progreso
Is Progreso expensive to live in?
Measured against what households in the area earn, Progreso costs less than 71% of U.S. towns: a B+ for cost of living, #95 of 642 in Texas. The typical home costs 1.3 years of the median household income of the McAllen-Edinburg-Mission, TX metro area ($54K).
How much does a house cost in Progreso?
About $119K, Zillow’s typical value for September 2026, up 0.9% in a year. The Texas typical home is $296K.
What salary do you need to live in Progreso?
To buy the typical home with 20% down at 6.3%, about $33,000 a year, keeping the payment (about $780 a month with tax and insurance) at 28% of income. To rent a two-bedroom at 30% of income, about $42,000.
How much is rent in Progreso?
HUD puts a two-bedroom at about $1,050 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $935 (Census 2020–24).
What are property taxes in Progreso?
The median bill is $1,079 a year, 1.56% of the median home value (Texas: $4,232, 1.49%), from the Census 2020–24.
Are home prices in Progreso going up?
Barely: up 0.9% in the past year and 57.0% in five years, against 10.1% across Texas (Zillow).
Neighbors talk housing
What Progreso 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.