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These days, finding an affordable place to live in the 76016 area can be challenging. Home prices in 76016 are now at a median cost of $362,217, higher than the Texas average of $322,096.
The average cost of rent is $1,942/mo in 76016, primarily driven by the current value of real estate in the 76016 area. In 76016, 16.09% of households rent, and 38.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 76016 is $9,228 per month. Households that rent pay about 21.05% of their income on rent here. 76016’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 76017, TX: less expensive homes
- 76060, TX: equally priced homes
- 76015, TX: less expensive homes
- 76013, TX: less expensive homes
- 76119, TX: less expensive homes
- 76001, TX: equally priced homes
- 76112, TX: less expensive homes
- 76105, TX: less expensive homes
- 76120, TX: less expensive homes
- 76012, TX: less expensive homes
Zip Codes with Similar Populations
- 02893, RI: equally priced homes
- 94903, CA: higher priced homes
- 94610, CA: higher priced homes
- 93662, CA: equally priced homes
- 91792, CA: higher priced homes
- 91303, CA: higher priced homes
- 81504, CO: less expensive homes
- 77706, TX: less expensive homes
- 60174, IL: equally priced homes
- 60134, IL: higher priced homes
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