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These days, finding an affordable place to live in the 77040 area can be challenging. Home prices in 77040 are now at a median cost of $250,925, lower than the Texas average of $322,096.
The average cost of rent is $1,565/mo in 77040, primarily driven by the current value of real estate in the 77040 area. In 77040, 49.98% of households rent, and 50.35% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 77040 is $6,336 per month. Households that rent pay about 24.70% of their income on rent here. 77040’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern 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
- 77086, TX: less expensive homes
- 77064, TX: equally priced homes
- 77088, TX: less expensive homes
- 77080, TX: higher priced homes
- 77041, TX: higher priced homes
- 77092, TX: equally priced homes
- 77091, TX: equally priced homes
- 77038, TX: less expensive homes
- 77043, TX: higher priced homes
- 77055, TX: higher priced homes
Zip Codes with Similar Populations
- 33021, FL: higher priced homes
- 00729, PR: less expensive homes
- 75165, TX: higher priced homes
- 75104, TX: higher priced homes
- 75062, TX: higher priced homes
- 67401, KS: less expensive homes
- 60626, IL: higher priced homes
- 48185, MI: less expensive homes
- 33612, FL: higher priced homes
- 94086, CA: higher priced homes
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