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These days, finding an affordable place to live in the 78240 area can be challenging. Home prices in 78240 are now at a median cost of $186,344, lower than the Texas average of $235,268.
The average cost of rent is $1,238/mo in 78240, primarily driven by the current value of real estate in the 78240 area. While nearly 35.41% of residents own their homes outright in 78240, 62.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in 78240 is $5,267 per month. Households that rent pay about 23.50% of their income on rent here. 78240's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 78229, TX: less expensive homes
- 78238, TX: less expensive homes
- 78230, TX: higher priced homes
- 78249, TX: higher priced homes
- 78250, TX: equally priced homes
- 78228, TX: less expensive homes
- 78213, TX: equally priced homes
- 78231, TX: higher priced homes
- 78201, TX: less expensive homes
- 78251, TX: higher priced homes
Zip Codes with Similar Populations
- 06511, CT: higher priced homes
- 98391, WA: higher priced homes
- 96818, HI: higher priced homes
- 96817, HI: higher priced homes
- 95350, CA: higher priced homes
- 95023, CA: higher priced homes
- 94591, CA: higher priced homes
- 94122, CA: higher priced homes
- 93551, CA: higher priced homes
- 93436, CA: higher priced homes
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