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These days, finding an affordable place to live in the 78040 area can be challenging. Home prices in 78040 are now at a median cost of $94,556, lower than the Texas average of $235,268.
The average cost of rent is $765/mo in 78040, primarily driven by the current value of real estate in the 78040 area. While nearly 71.07% of residents own their homes outright in 78040, 55.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in 78040 is $2,852 per month. Households that rent pay about 26.82% of their income on rent here. 78040's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 78041, TX: higher priced homes
- 78043, TX: higher priced homes
- 78046, TX: higher priced homes
- 78045, TX: higher priced homes
- 78044, TX: higher priced homes
- 78369, TX: less expensive homes
- 78371, TX: less expensive homes
- 78344, TX: less expensive homes
- 78376, TX: less expensive homes
- 78341, TX: equally priced homes
Zip Codes with Similar Populations
- 20901, MD: higher priced homes
- 78413, TX: higher priced homes
- 37601, TN: higher priced homes
- 46219, IN: higher priced homes
- 46835, IN: higher priced homes
- 48178, MI: higher priced homes
- 55024, MN: higher priced homes
- 66048, KS: higher priced homes
- 77008, TX: higher priced homes
- 77065, TX: higher priced homes
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