Español

Este sitio también está en español. Leer en español

City · 37,123 residents · El Paso County, Texas

Socorro , Texas

In Socorro, a typical home is worth $144,500 and typical rent is $1,032 a month. Compared with all of El Paso County, the typical home value is 20% lower, typical household income is 8% lower, and the share of households that own their home is 18 points higher.

WhatsApp

  • Typical home value

    $144,500

    20% below the county

    49% below Texas

    • Socorro
    • El Paso
    • Texas

  • Typical rent

    $1,032a month

    4% below the county

    26% below Texas

    • Socorro
    • El Paso
    • Texas

  • Typical household income

    $54,744a year

    8% below the county

    30% below Texas

    • Socorro
    • El Paso
    • Texas

  • Households that own their home

    82%

    18 points above the county

    19 points above Texas

    • Socorro
    • El Paso
    • Texas

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

Market now, with Zillow data

Zillow data
Typical home value
$210,436
2.1% more than 12 months ago
Typical rent
$1,660 a month

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

Socorro is in El Paso County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of El Paso County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Socorro apart

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

  1. 82% of households in Socorro own their home, against 64% in El Paso County.

  2. Nearby, in San Elizario, the typical home value is $110,400: 24% less than in Socorro ($144,500).

  3. According to Zillow, in the 12 months to September 2026 the typical home value in Socorro rose 2.1%; in Texas, it fell 1.4%.

  4. Nearby, in Homestead Meadows South, the typical rent is $865: 16% less than in Socorro ($1,032).

  5. The typical home in Socorro is worth $144,500, 20% less than in El Paso County as a whole ($180,400).

Sources: U.S. Census Bureau (Average 2020–2024); Zillow (September 2026 data). Zillow data

The homes here

Housing in Socorro

What homes there are in Socorro, 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

In Socorro, 7 in 10 homes are single-family detached houses; in El Paso County, 7.

Mobile homes are 14% of homes in Socorro, more than in El Paso County (5%).

Year built

The typical home in Socorro was built in 2000, 12 years after the typical one in El Paso County.

In Socorro, 80% of homes have 3 bedrooms or more, more than in El Paso County (69%).

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

$1,469 a month

El Paso County: $1,601 a month

Without a mortgage

$477 a month

El Paso County: $553 a month

Owners with a mortgage

46%

El Paso County: 53%

Owning costs less in Socorro: with a mortgage, the typical cost is $1,469 a month; in El Paso County, $1,601. Without one, $477.

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

The typical home value in Socorro rose 55% since 2015–2019, more than in El Paso County (49%).

Rents in Socorro rose faster than in El Paso County: 42% since 2015–2019, against 29%.

The typical household income in Socorro rose 44% over that time; home values changed +55% and rent +42%.

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

MeasureSocorroEl Paso CountyTexasUnited States
Rental vacancy Unreliable estimate6.4%7.7%5.5%
Homeowner vacancy Unreliable estimate1.1%1.1%0.9%
More than one person per room 6.9%5.3%4.8%3.4%
People per household 3.252.862.692.53
Drive alone 75%75%71%69%
Carpool 17%12%10%9%
Public transit Unreliable estimate1%1%3%
Walk or bike Unreliable estimate2%2%3%
Work from home 7%9%14%15%
Other means Unreliable estimate2%2%2%
Typical commute 20 to 29 minutes20 to 29 minutes20 to 29 minutes20 to 29 minutes

More households are short on space in Socorro: 6.9% have more than one person per room; in El Paso County, 5.3%.

Households in Socorro are bigger: 3.25 people on average; in El Paso County, 2.86.

More people carpool to work in Socorro than in El Paso County: 17% against 12%.

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 Socorro?

A typical home is tight for the typical income

We start with a typical home in Socorro, worth $144,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 30% of the typical household income in Socorro, which is $54,744 a year. For that payment to be 28% of income, a household would need to earn about $57,762 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Socorro. 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 $5,058 (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

$1,348

at 7.18% · 30 years

Loan amount
$141,882
Total interest
$204,135
Paid off in
November 2056

Includes $2,440 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,277 a month

  • Tight

    $1,277 to $1,642 a month

    Your payment · 30%

  • Hard

    more than $1,642 a month

Compared with the typical household income in Socorro ($54,744 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,348
Principal & interest$961
Property tax$263
Home insurance$60
FHA mortgage insurance (MIP)$64

You need at least $5,058 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

Socorro and El Paso County

Socorro is in El Paso 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).

Socorro's own numbers

Typical home value
$144,500
Typical monthly rent
$1,032
Typical yearly household income
$54,744
Households that own their home
82%
Effective property tax rate
2.18%

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

Numbers for all of El Paso County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,146
Price change over 5 years (FHFA)
+57%

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 El Paso County.

Everything about El Paso County

Buying

Buying a home in Socorro

A typical home in Socorro is worth $144,500: 20% below the county and 49% below Texas. With the typical household income in Socorro ($54,744 a year), a typical home costs 2.6 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.

  • Socorro 2.6 years
  • El Paso 3.0 years
  • Texas 3.6 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in El Paso County

According to FHFA’s house price index, home prices in El Paso County rose 81% in the 10 years through 2025.

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

Period County Texas U.S.
Last year (2025) +2.9% +0.8% +2.9%
5 years (2020–2025) +57% +44% +47%
10 years (2015–2025) +81% +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

Socorro next to El Paso 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
  • Socorro $144,500
  • El Paso $180,400
  • Texas $283,800
  • United States $332,700
Typical monthly rent
  • Socorro $1,032
  • El Paso $1,079
  • Texas $1,403
  • United States $1,413
Typical yearly household income
  • Socorro $54,744
  • El Paso $59,806
  • Texas $78,476
  • United States $80,734
See the full table
Socorro next to El Paso County and Texas
Measure Socorro El Paso County Texas U.S.
Typical home value $144,500 $180,400 $283,800 $332,700
Typical monthly rent $1,032 $1,079 $1,403 $1,413
Typical yearly household income $54,744 $59,806 $78,476 $80,734
Households that own their home 82% 64% 63% 65%
Typical yearly property tax $3,157 $3,660 $4,232 $3,119
Effective property tax rate 2.18% 2.03% 1.49% 0.94%
Renters with high rent for their income 53% 54% 52% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below El Paso 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 Socorro

For a typical $144,500 home in Socorro, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Socorro's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,348a month

    Least cash to close
    Down payment
    $5,058
    Cash to close
    $9,393
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $64

  • Conventional, 5% down $1,321a month

    Down payment
    $7,225
    Cash to close
    $11,560
    Rate
    7.18%
    Mortgage insurance
    PMI · $69

  • Conventional, 20% down, no PMI $1,106a month

    Down payment
    $28,900
    Cash to close
    $33,235
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,239a month

    Down payment
    $21,675
    Cash to close
    $26,010
    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 Socorro and for El Paso County.

Property tax

Effective rate in Socorro

2.18%of the home’s value each year

$3,157 a year for the typical owner in Socorro.

  • Socorro 2.18%
  • El Paso 2.03%
  • Texas 1.49%

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

Exemptions and deadlines in Texas

Flood risk in El Paso County

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

FEMA’s maps count no homes in the high-risk zone in El Paso County. That does not mean it cannot flood: check your address.

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Socorro

Typical rent in Socorro is $1,032 a month: 4% below the county. In Socorro, 53% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of El Paso County, by unit size. To pay the 2-bedroom one ($1,146 a month) without spending more than 30% of your income, you would need to earn $22.04 an hour working full time.

HUD fair market rent for all of El Paso 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 $798 $15.35 $31,920
1 bedroom $969 $18.63 $38,760
2 bedrooms $1,146 $22.04 $45,840
3 bedrooms $1,559 $29.98 $62,360
4 bedrooms $1,915 $36.83 $76,600

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 Socorro

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Socorro is in ZIP code 79927.

For 2 bedrooms it is $1,130: $16 less than the fair market rent for El Paso County ($1,146).

  • 79927 $1,130$1,540

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Socorro 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?

Low-income apartments

Low-income apartments in Socorro

HUD lists 8 buildings with rents for lower incomes in Socorro. These are the largest.

  • Nevarez Palms 120 N Nevarez Rd, Socorro 79927 104 low-income homes · For older adults, people with disabilities, families, people experiencing homelessness
  • Jamie O Perez Memorial Apartments 229 N Nevarez Rd, Socorro 79927 96 low-income homes · For older adults, people with disabilities, families, people experiencing homelessness
  • Tierra Socorro LTD 560 Three Missions Dr, Socorro 79927 64 low-income homes · In service since 2000
  • Socorro Village 148 Buford Rd, Socorro 79927 50 low-income homes · For families (915) 858-1089
  • Missions Senior Community 561 Three Missions Dr, Socorro 79927 41 homes, 40 low-income · For older adults (915) 790-1918

See all 191 buildings in El Paso County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Socorro

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.

There are 3 HUD-approved agencies with an office in El Paso County; 3 say they serve in Spanish.

An older woman smiles in front of her apartment building.

HUD counseling is free or low-cost

Assistance programs in Socorro

No down payment, repair or rent-help program on our list is for Socorro or El Paso County. The ones below are statewide in Texas: they work in Socorro 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 Socorro

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

  • Adults and Youth United Development Association Inc

    1325 Beverly Ann Dr, San Elizario · 5 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (915) 584-2875

  • Gecu Federal Credit Union

    6801 Viscount Blvd, El Paso · 13 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    (915) 774-2160

  • El Paso Community Action Program, Project Bravo, Inc.

    2000 Texas Ave, El Paso · 15 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 7 more
    (915) 562-4100

Every agency in El Paso County All counseling agencies in Texas

Help in Spanish near Socorro

3 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 Socorro

HUD’s record names them for Socorro or El Paso County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

2 other authorities have an office in El Paso County: see the list Source: HUD

Cities

Other cities in El Paso County

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

Everything about El Paso County Housing in Texas

Nearby cities

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

Neighboring counties

If El Paso 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 Socorro.

All guides
Three women of one family talk as they cook vegetables in the kitchen.

Questions

Housing questions about Socorro

Short answers with the numbers for Socorro and all of El Paso 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 Socorro?

The typical home value in Socorro is $144,500, according to the U.S. Census Bureau (average 2020–2024). For comparison, in El Paso County it is $180,400.

How much does it cost to rent in Socorro?

Typical rent in Socorro is $1,032 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in El Paso County is $1,146.

What is the FHA loan limit in Socorro?

Socorro uses the FHA limit for all of El Paso County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Socorro?

The typical homeowner in Socorro pays $3,157 a year, according to the U.S. Census Bureau. That is 2.18% of the home’s value; in El Paso County, the rate is 2.03%.

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

There are 3 HUD-approved counseling agencies with an office in El Paso County. 3 say they serve in Spanish. 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).