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City · 5,825 residents · Parker County, Texas

Aledo , Texas

In Aledo, a typical home is worth $465,100 and typical rent is $2,550 a month. Compared with all of Parker County, typical rent is 70% higher, typical household income is 56% higher, and the share of households that own their home is 8 points higher.

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  • Typical home value

    $465,100

    24% above the county

    64% above Texas

    • Aledo
    • Parker
    • Texas

  • Typical rent

    $2,550a month

    70% above the county

    82% above Texas

    • Aledo
    • Parker
    • Texas

  • Typical household income

    $163,231a year

    56% above the county

    108% above Texas

    • Aledo
    • Parker
    • Texas

  • Households that own their home

    88%

    8 points above the county

    26 points above Texas

    • Aledo
    • Parker
    • Texas

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$541,874
1.2% less than 12 months ago
Typical rent
$2,683 a month
6.6% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Aledo is in Parker County. The FHA loan limit ($563,500 for a one-unit home), the fair market rents and the help on this page are those of all of Parker County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Aledo apart

What this place has that others do not, from public data, most unusual first.

  1. The typical rent in Aledo is $2,550 a month, 70% more than in Parker County as a whole ($1,500).

  2. Nearby, in White Settlement, the typical home value is $187,100: 60% less than in Aledo ($465,100).

  3. Nearby, in River Oaks, the typical rent is $1,183: 54% less than in Aledo ($2,550).

  4. The typical household income in Aledo is $163,231, 56% more than in Parker County as a whole ($104,443).

  5. The typical home in Aledo is worth $465,100, 24% more than in Parker County as a whole ($375,900).

  6. 88% of households in Aledo own their home, against 81% in Parker County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Aledo

What homes there are in Aledo, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Detached houses, standing on their own, make up 98% of homes here, against 76% in Parker County.

Year built

The typical home in Aledo was built in 2010, 8 years after the typical one in Parker County.

There is more room for a big family here: 94% of homes have 3 bedrooms or more, against 79% in Parker County.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$3,109 a month

Parker County: $2,437 a month

Without a mortgage

$1,193 a month

Parker County: $774 a month

Owners with a mortgage

79%

Parker County: 60%

In Aledo, 79% of owners have a mortgage, and their typical cost is $3,109 a month, against $2,437 in Parker County. Without one it drops to $1,193.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Aledo rose 98%; in Parker County, it rose 76%.

Rent in Aledo moved so little since 2015–2019 that the Census cannot say whether it rose or fell.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureAledoParker CountyTexasUnited States
Rental vacancy Unreliable estimate7.6%7.7%5.5%
Homeowner vacancy Unreliable estimate1.4%1.1%0.9%
More than one person per room Unreliable estimate2.5%4.8%3.4%
People per household 3.272.902.692.53
Drive alone 72%76%71%69%
Carpool Unreliable estimate8%10%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimate1%2%3%
Work from home 17%13%14%15%
Other means Unreliable estimate1%2%2%
Typical commute Unreliable estimateUnreliable estimate20 to 29 minutes20 to 29 minutes

More people live in each home here: 3.27 on average, against 2.90 in Parker County.

In Aledo, 17% of workers work from home, more than in Parker County (13%).

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Aledo?

A typical home is tight for the typical income

We start with a typical home in Aledo, worth $465,100, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 31% of the typical household income in Aledo, which is $163,231 a year. For that payment to be 28% of income, a household would need to earn about $181,268 a year.

The calculator's FHA and conventional loan limits are those of all of Parker County.

Your numbers

Local data
$

Starts at the typical home value in Aledo. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $16,279 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$4,230

at 7.18% · 30 years

Loan amount
$456,675
Total interest
$657,049
Paid off in
November 2056

Includes $7,854 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $3,809 a month

  • Tight

    $3,809 to $4,897 a month

    Your payment · 31%

  • Hard

    more than $4,897 a month

Compared with the typical household income in Aledo ($163,231 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$4,230
Principal & interest$3,094
Property tax$736
Home insurance$194
FHA mortgage insurance (MIP)$206

You need at least $16,279 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Aledo and Parker County

Aledo is in Parker County, Texas. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Aledo's own numbers

Typical home value
$465,100
Typical monthly rent
$2,550
Typical yearly household income
$163,231
Households that own their home
88%
Effective property tax rate
1.9%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Parker County

FHA limit, one-unit home
$563,500
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,745
Price change over 5 years (FHFA)
+51%
Homes in a high flood-risk zone
3.3%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Parker County.

Everything about Parker County

Buying

Buying a home in Aledo

A typical home in Aledo is worth $465,100: 24% above the county and 64% above Texas. With the typical household income in Aledo ($163,231 a year), a typical home costs 2.8 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Aledo 2.8 years
  • Parker 3.6 years
  • Texas 3.6 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Parker County

According to FHFA’s house price index, home prices in Parker County rose 107% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Parker County.

Period County Texas U.S.
Last year (2025) +0.3% +0.8% +2.9%
5 years (2020–2025) +51% +44% +47%
10 years (2015–2025) +107% +88% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Aledo next to Parker County, Texas and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Aledo $465,100
  • Parker $375,900
  • Texas $283,800
  • United States $332,700
Typical monthly rent
  • Aledo $2,550
  • Parker $1,500
  • Texas $1,403
  • United States $1,413
Typical yearly household income
  • Aledo $163,231
  • Parker $104,443
  • Texas $78,476
  • United States $80,734
See the full table
Aledo next to Parker County and Texas
Measure Aledo Parker County Texas U.S.
Typical home value $465,100 $375,900 $283,800 $332,700
Typical monthly rent $2,550 $1,500 $1,403 $1,413
Typical yearly household income $163,231 $104,443 $78,476 $80,734
Households that own their home 88% 81% 63% 65%
Typical yearly property tax $8,816 $5,249 $4,232 $3,119
Effective property tax rate 1.9% 1.4% 1.49% 0.94%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Parker County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Aledo

For a typical $465,100 home in Aledo, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Aledo's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $4,230a month

    Least cash to close
    Down payment
    $16,279
    Cash to close
    $30,232
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $206

  • Conventional, 5% down $4,144a month

    Down payment
    $23,255
    Cash to close
    $37,208
    Rate
    7.18%
    Mortgage insurance
    PMI · $221

  • Conventional, 20% down, no PMI $3,451a month

    Down payment
    $93,020
    Cash to close
    $106,973
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $3,881a month

    Down payment
    $69,765
    Cash to close
    $83,718
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Aledo and for Parker County.

Property tax

Effective rate in Aledo

1.9%of the home’s value each year

$8,816 a year for the typical owner in Aledo.

  • Aledo 1.9%
  • Parker 1.4%
  • Texas 1.49%

What Texas publishes School-district homestead exemption (Texas Comptroller of Public Accounts)

Exemptions and deadlines in Texas

Flood risk in Parker County

FEMA does not publish these numbers by city: they are for all of Parker County.

Homes in the high-risk zone
3.3%
1,486
Of those, with NFIP insurance
19%
County Texas U.S.
Homes in the high-risk zone 3.3% 4.1% 3.5%
Of those, with NFIP insurance 19% 48% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Aledo

Typical rent in Aledo is $2,550 a month: 70% above the county.

HUD publishes a fair market rent for all of Parker County, by unit size. To pay the 2-bedroom one ($1,745 a month) without spending more than 30% of your income, you would need to earn $33.56 an hour working full time.

HUD fair market rent for all of Parker County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,461 $28.10 $58,440
1 bedroom $1,481 $28.48 $59,240
2 bedrooms $1,745 $33.56 $69,800
3 bedrooms $2,284 $43.92 $91,360
4 bedrooms $2,866 $55.12 $114,640

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Aledo

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Aledo is in ZIP code 76008.

For 2 bedrooms it is $2,620: $875 more than the fair market rent for Parker County ($1,745).

  • 76008 $2,620$3,430

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Aledo when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Aledo

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Parker County. The nearest ones are below; many serve by phone or online.

Two women and a girl laugh together at the bus stop.

HUD counseling is free or low-cost

Assistance programs in Aledo

No down payment, repair or rent-help program on our list is for Aledo or Parker County. The ones below are statewide in Texas: they work in Aledo the same as in the rest of the state.

Which programs do I qualify for? All programs in Texas

  • My First Texas Home

    Statewide in Texas

    Texas state program for first-time buyers: a 30-year mortgage with down payment assistance. Offered by Texas Department of Housing and Community Affairs (TDHCA).

    DeferredForgivable

    See the program Official page

  • My Choice Texas Home

    Statewide in Texas

    Texas state program with down payment assistance for any buyer, not only first-time buyers. Offered by Texas Department of Housing and Community Affairs (TDHCA).

    DeferredForgivable

    See the program Official page

  • Texas Mortgage Credit Certificate (MCC)

    Statewide in Texas

    Limited funds remain, per the source

    Texas state certificate that turns part of your mortgage interest into a credit on your federal tax return. Offered by Texas Department of Housing and Community Affairs (TDHCA).

    Tax credit

    See the program Official page

Housing counselors near Aledo

The HUD-approved agencies closest to the center of Aledo, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Fort Worth Area Habitat for Humanity Inc

    9333 N Normandale St, Fort Worth · 8 miles away · Spanish

    • Budget and credit workshops
    • Pre-purchase counseling
    • and 1 more
    817-926-9219x119

  • Housing Opportunities of Fort Worth

    2500 West Fwy Ste 400, Fort Worth · 15 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 2 more
    (817) 923-9192

  • Housing Channel

    851 Grainger St, Fort Worth · 16 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (817) 924-5091

All counseling agencies in Texas

Help in Spanish near Aledo

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Aledo

In HUD’s record, no housing authority with an office in Parker County is named for Aledo or Parker County.

One other authority has an office in Parker County: see the list Source: HUD

Cities

Other cities in Parker County

These cities are also in Parker County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Parker County Housing in Texas

Nearby cities

The cities closest to Aledo, with the typical home value.

Neighboring counties

If Parker County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Aledo.

All guides
A man and two girls read a book together on the sofa.

Questions

Housing questions about Aledo

Short answers with the numbers for Aledo and all of Parker County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Aledo?

The typical home value in Aledo is $465,100, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Parker County it is $375,900.

How much does it cost to rent in Aledo?

Typical rent in Aledo is $2,550 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Parker County is $1,745.

What is the FHA loan limit in Aledo?

Aledo uses the FHA limit for all of Parker County (2026): $563,500 for a one-unit home and $1,083,650 for a four-unit home.

How much property tax do owners pay in Aledo?

The typical homeowner in Aledo pays $8,816 a year, according to the U.S. Census Bureau. That is 1.9% of the home’s value; in Parker County, the rate is 1.4%.

Where can I find free help to buy or rent in Aledo?

We found no HUD-approved counseling agencies with an office in Parker County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).