Housing Affordability

Low cost of living and affordable housing.

Pharr, Texas, is an ideal location for those seeking affordable living without compromising on quality. With its low cost of living and highly affordable housing options, Pharr stands out as one of the best cities to settle in the Rio Grande Valley.

Pharr offers a variety of housing options, from charming single-family homes to modern apartments, all at significantly lower prices compared to national averages. The median home price in Pharr is approximately $111,000, making homeownership accessible to a wide range of buyers. This is a stark contrast to the national median home price, which hovers around $400,000. Whether you’re looking to buy or rent, you’ll find that housing costs in Pharr are far more accessible.

Housing Unit Summary Total Own Rent Vacant
2024 $27,029 62.6% 28.5% 8.9%

Low Cost of Living

Pharr’s overall cost of living is approximately 20-25% lower than the national average. This includes not only housing costs but also everyday expenses such as groceries, transportation, and healthcare. The city’s low utility costs and affordable public services further contribute to its appeal as a cost-effective place to live.

When compared to other cities in Texas and across the nation, Pharr offers unmatched affordability in housing and daily living. With a robust economy, growing job market, and welcoming community, it’s no wonder that more and more people are choosing to make Pharr their home.

For those seeking a comfortable and affordable lifestyle, Pharr is the ideal place to live and thrive.

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Events

Date: April 17, 2025

Time: 06:00 p.m. – 10:00 p.m.
Location: The Regency Hall | 207 E. Ferguson Ave., Pharr, TX 78577

Date: May 02, 2025

Time: TBD
Location: Pharr Global Business Hub | 301 S. Cage Blvd., Pharr, TX 78577

Date: May 14, 2025

Time: 5:00 PM
Location: Regency Hall,  207 E. Ferguson Ave., Pharr, TX 78577

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