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These days, finding an affordable place to live in the 77016 area can be challenging. Home prices in 77016 are now at a median cost of $85,642, lower than the Texas average of $235,268.
The average cost of rent is $1,013/mo in 77016, primarily driven by the current value of real estate in the 77016 area. While nearly 69.12% of residents own their homes outright in 77016, 44.98% rent.
Housing affordability isn’t just about home prices, though. The average household income in 77016 is $3,175 per month. Households that rent pay about 31.90% of their income on rent here. 77016's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 77028, TX: equally priced homes
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- 77026, TX: equally priced homes
- 77022, TX: higher priced homes
- 77076, TX: higher priced homes
- 77032, TX: equally priced homes
- 77037, TX: less expensive homes
Zip Codes with Similar Populations
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- 19355, PA: higher priced homes
- 20191, VA: higher priced homes
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