Housing market/Texas/ZIP 78040
ZIP 78040 Laredo, Texas
Laredo, TX MSA · Texas. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 78040 · TX — sent to you.
ZIP 78040 · TX
ACS rent vs 2BR SAFMR
ZIP 78040 — Laredo, TX HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 78040
- 1-unit detached8,97166.1%
- 1-unit attached6684.9%
- 2–4 units1,1558.5%
- 5–49 units1,2128.9%
- 50+ units6865.1%
- Mobile8756.4%
2–4 unit share 8.5% · 5–49 unit share 8.9% · combined 2–49 17.4%.
Units by bedrooms
Rent burden
- ACS median gross rent $881 (all bedrooms, occupied rentals).
- Median contract rent $665.
- Renters paying ≥30% of income 51.9%; ≥50% 28.3%.
- FY2027 2BR SAFMR $1,140 (1.294× ACS median gross rent).
Population
36,115 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -14.1%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 4 projects, 222 units.
- HUD project-based assisted MF: 2 properties, 150 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 257 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.
Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.
What the data shows
ZIP 78040 62.1% of occupied households are renters; vacancy is 15.7%; ACS median gross rent is $881; population changed -14.1% between the 2018 and 2023 ACS vintages; the housing stock includes 1,155 units in 2–4-unit structures and 1,212 units in 5–49-unit structures; 4 LIHTC projects totaling 222 units; FY2027 2BR SAFMR is $1,140 versus ACS median gross rent of $881. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.
Texas research
ZIP 78040 is a Census / HUD profile for Laredo, TX. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 78040 — Laredo, TX HUD Section 8 Payment Standards / SAFMR·Texas ZIP directory
Nearby ZIPs in this FMR area
Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Texas research. Brokerage is Georgia.
FAQ
What is the housing market like in ZIP 78040?
ZIP 78040 (Laredo, TX MSA) has 36,115 residents, 11,438 households, a renter share of 62.1%, median household income of $35,742, and ACS 2023 median gross rent of $881. Vacancy is 15.7%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 78040?
ACS counts 449 units in 2-unit buildings, 706 in 3–4 unit buildings, 587 in 5–9, 443 in 10–19, and 182 in 20–49. Combined 2–49 unit stock is 2,367 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 78040?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,140. See the full schedule and 90–110% payment-standard band on the ZIP 78040 — Laredo, TX HUD Section 8 Payment Standards / SAFMR.
Does this Texas ZIP profile include Georgia listings?
No. ZIP 78040 is Census / HUD research for Laredo, TX MSA. Jeff Crowe CRE does not list Texas property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.