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These days, finding an affordable place to live in the 78216 area can be challenging. Home prices in 78216 are now at a median cost of $254,772, higher than the Texas average of $235,268.
The average cost of rent is $1,158/mo in 78216, primarily driven by the current value of real estate in the 78216 area. While nearly 49.06% of residents own their homes outright in 78216, 61.93% rent.
Housing affordability isn’t just about home prices, though. The average household income in 78216 is $5,220 per month. Households that rent pay about 22.19% of their income on rent here. 78216's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 78213, TX: less expensive homes
- 78231, TX: higher priced homes
- 78230, TX: higher priced homes
- 78232, TX: higher priced homes
- 78248, TX: higher priced homes
- 78209, TX: higher priced homes
- 78229, TX: less expensive homes
- 78217, TX: less expensive homes
- 78201, TX: less expensive homes
- 78212, TX: higher priced homes
Zip Codes with Similar Populations
- 39047, MS: equally priced homes
- 94611, CA: higher priced homes
- 94590, CA: higher priced homes
- 36608, AL: less expensive homes
- 37115, TN: less expensive homes
- 94102, CA: higher priced homes
- 37660, TN: less expensive homes
- 93705, CA: less expensive homes
- 38115, TN: less expensive homes
- 38118, TN: less expensive homes
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