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These days, finding an affordable place to live in the 76116 area can be challenging. Home prices in 76116 are now at a median cost of $345,815, higher than the Texas average of $322,096.
The average cost of rent is $1,419/mo in 76116, primarily driven by the current value of real estate in the 76116 area. In 76116, 62.58% of households rent, and 44.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 76116 is $5,640 per month. Households that rent pay about 25.16% of their income on rent here. 76116’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern 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
- 76108, TX: less expensive homes
- 76107, TX: higher priced homes
- 76109, TX: higher priced homes
- 76132, TX: higher priced homes
- 76127, TX: less expensive homes
- 76114, TX: less expensive homes
- 76126, TX: higher priced homes
- 76129, TX: equally priced homes
- 76133, TX: less expensive homes
- 76110, TX: less expensive homes
Zip Codes with Similar Populations
- 98632, WA: equally priced homes
- 95116, CA: higher priced homes
- 96816, HI: higher priced homes
- 97206, OR: higher priced homes
- 97702, OR: higher priced homes
- 98003, WA: higher priced homes
- 98023, WA: higher priced homes
- 23434, VA: equally priced homes
- 23223, VA: less expensive homes
- 23185, VA: higher priced homes
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