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These days, finding an affordable place to live in the 78406 area can be challenging. Home prices in 78406 are now at a median cost of $85,709, lower than the Texas average of $322,096.
The average cost of rent is $1,683/mo in 78406, primarily driven by the current value of real estate in the 78406 area. In 78406, 50.69% of households rent, and 44.58% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 78406 is $4,731 per month. Households that rent pay about 35.57% of their income on rent here. 78406’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central 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
- 78409, TX: higher priced homes
- 78407, TX: higher priced homes
- 78417, TX: higher priced homes
- 78408, TX: equally priced homes
- 78416, TX: higher priced homes
- 78405, TX: equally priced homes
- 78410, TX: higher priced homes
- 78415, TX: higher priced homes
- 78404, TX: higher priced homes
- 78401, TX: higher priced homes
Zip Codes with Similar Populations
- 57368, SD: higher priced homes
- 62982, IL: equally priced homes
- 62571, IL: higher priced homes
- 62539, IL: higher priced homes
- 62242, IL: higher priced homes
- 62048, IL: less expensive homes
- 58621, ND: higher priced homes
- 57760, SD: higher priced homes
- 57437, SD: higher priced homes
- 72651, AR: higher priced homes
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