Mortgage Rates in Pearland, TexasMarch 2026

Updated March 2026 | Based on Pearland market data and regional lending conditions

30-Year Fixed
6.7%
15-Year Fixed
5.94%
Median Home Price
$345,000
Est. Monthly Payment
$2,299

Pearland is a growing city in Texas with a population of 125,828. The current 30-year fixed mortgage rate in Pearland is 6.7%, which is 0.05% above the national average. With a median home price of $345,000 and a 20% down payment of $69,000, homebuyers can expect a monthly principal and interest payment of approximately $1,781.

Current Mortgage Rates in Pearland, TX

Below are the current average mortgage rates available in the Pearland area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.

Loan TypeRateNational AvgDifference
30-Year Fixed6.7%6.65%+0.05%
15-Year Fixed5.94%5.89%+0.05%
5/1 ARM6.2%6.15%+0.05%
FHA6.3%6.25%+0.05%
VA6.1%6.05%+0.05%
Jumbo6.9%6.85%+0.05%

Pearland Housing Market Overview

The Pearland housing market reflects moderate demand with prices near the national average. The median household income in Pearland is $92,250, and the cost of living index is 95.5 (national average = 100). Based on the 28% affordability rule, you would need an income of approximately $98,529 to comfortably afford the median-priced home in Pearland, which exceeds the current median household income.

Population
125,828
Median Income
$92,250
Property Tax Rate
1.8%
Cost of Living
95.5
Down Payment (20%)
$69,000
Income Needed
$98,529

Monthly Payment Breakdown for Pearland

Based on the median home price of $345,000 with 20% down ($69,000), here is what you can expect to pay monthly in Pearland:

Principal & Interest (30-yr at 6.7%)$1,781
Property Tax$518
Estimated Insurance$86
Total Estimated Monthly$2,385

15-Year vs. 30-Year Mortgage in Pearland

Choosing a 15-year mortgage in Pearland at 5.94% instead of a 30-year at 6.7% would save you $223,560 in total interest over the life of the loan. However, your monthly payment would be $2,320 instead of $1,781 — an increase of $539 per month.

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Frequently Asked Questions About Mortgages in Pearland

What are the current mortgage rates in Pearland, TX?

As of March 2026, the average 30-year fixed mortgage rate in Pearland, Texas is 6.7%, while the 15-year fixed rate is 5.94%. FHA loans average 6.3% and VA loans 6.1%. These rates are 0.05% above the national average of 6.65%.

How much is a monthly mortgage payment in Pearland?

Based on the median home price of $345,000 with 20% down, the estimated monthly mortgage payment in Pearland is $1,781 for principal and interest. Including property taxes of $518/month, the total monthly housing cost is approximately $2,299.

What income do I need to buy a home in Pearland?

Using the 28% rule, you would need an annual income of approximately $98,529 to afford the median-priced home in Pearland at $345,000. The median household income in Pearland is $92,250. This means most households would need to either earn above the median or consider homes below $345,000.

Is Pearland a good place to buy a home in 2026?

Pearland offers a below-average cost of living with a cost of living index of 95.5 (national average = 100). The property tax rate in Texas is 1.8%, which is above the national average. Pearland has a population of 125,828 and offers a balanced lifestyle.

Mortgage Rates in Other Texas Cities

Houston, TX
6.7% | $265,000
San Antonio, TX
6.7% | $255,000
Dallas, TX
6.7% | $315,000
Austin, TX
6.7% | $450,000
Fort Worth, TX
6.7% | $295,000

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Last updated: March 2026. Rates are approximate averages based on regional lending data for the Pearland, Texas area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.