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These days, finding an affordable place to live in the 78118 area can be challenging. Home prices in 78118 are now at a median cost of $151,849, lower than the Texas average of $322,096.
The average cost of rent is $769/mo in 78118, primarily driven by the current value of real estate in the 78118 area. In 78118, 26.41% of households rent, and 73.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 78118 is $5,776 per month. Households that rent pay about 13.31% of their income on rent here. 78118’s most expensive areas are in the southwestern 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
- 78144, TX: higher priced homes
- 78117, TX: higher priced homes
- 78119, TX: equally priced homes
- 78151, TX: less expensive homes
- 78113, TX: higher priced homes
- 78141, TX: less expensive homes
- 78008, TX: higher priced homes
- 78164, TX: higher priced homes
- 77963, TX: higher priced homes
- 78064, TX: higher priced homes
Zip Codes with Similar Populations
- 29128, SC: equally priced homes
- 78361, TX: less expensive homes
- 77514, TX: higher priced homes
- 74120, OK: higher priced homes
- 74029, OK: equally priced homes
- 73131, OK: higher priced homes
- 70441, LA: less expensive homes
- 68788, NE: higher priced homes
- 67456, KS: higher priced homes
- 66217, KS: higher priced homes
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