Updated 2026 · Based on median market data for Del Rio, TX
The median monthly rent in Del Rio, TX is $1,330, translating to $15,960 in annual gross rental income per unit. The rent-to-price ratio is 0.65% — well below the 1% rule, making pure cash flow investing challenging at median prices.
Renters in Del Rio spend approximately 25% of the local median household income ($63,735) on rent. This is within the healthy 25-30% range, indicating rent is affordable relative to local incomes. There may be room for moderate rent increases, especially for updated or well-located units.
The vacancy rate in Del Rio is 5.8%. This is a healthy vacancy rate that indicates balanced supply and demand. You should be able to find quality tenants without extended vacancies, though expect normal turnover periods of 2-4 weeks between tenants. Population growth of 1.8% annually is actively adding rental demand.
Del Rio's GRM (price divided by annual rent) is 12.8x. A GRM between 12-16x is moderate and typical of balanced markets. Deals can work but you need to keep expenses controlled. For comparison, the national average GRM for investment-grade rentals is approximately 13-15x.
At the median rent of $1,330/mo, a single-family rental in Del Rio generates approximately $15,960 in gross annual income. After accounting for 5.8% vacancy ($926 lost), property taxes of $3,526, insurance (~$820), and maintenance (~$820), the estimated NOI is $9,868 per year, or $822/mo.
Del Rio vs Texas state average and national average across key investment metrics. Del Rio outperforms both benchmarks on cap rate.