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These days, finding an affordable place to live in the 75116 area can be challenging. Home prices in 75116 are now at a median cost of $161,374, lower than the Texas average of $235,268.
The average cost of rent is $1,348/mo in 75116, primarily driven by the current value of real estate in the 75116 area. While nearly 40.97% of residents own their homes outright in 75116, 41.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in 75116 is $4,597 per month. Households that rent pay about 29.33% of their income on rent here. 75116's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 75137, TX: higher priced homes
- 75236, TX: higher priced homes
- 75237, TX: equally priced homes
- 75249, TX: higher priced homes
- 75233, TX: higher priced homes
- 75232, TX: equally priced homes
- 75104, TX: higher priced homes
- 75115, TX: higher priced homes
- 75211, TX: less expensive homes
- 75224, TX: equally priced homes
Zip Codes with Similar Populations
- 98433, WA: higher priced homes
- 80904, CO: higher priced homes
- 44149, OH: higher priced homes
- 85648, AZ: equally priced homes
- 87102, NM: equally priced homes
- 93203, CA: higher priced homes
- 38863, MS: less expensive homes
- 95110, CA: higher priced homes
- 95135, CA: higher priced homes
- 33455, FL: higher priced homes
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