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Affordable
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These days, finding an affordable place to live in the 78563 area can be challenging. Home prices in 78563 are now at a median cost of $141,244, lower than the Texas average of $322,096.
The average cost of rent is $1,328/mo in 78563, primarily driven by the current value of real estate in the 78563 area. In 78563, 12.43% of households rent, and 70.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 78563 is $6,001 per month. Households that rent pay about 22.13% of their income on rent here. 78563’s most expensive areas are in the southeastern 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
- 78549, TX: less expensive homes
- 78536, TX: less expensive homes
- 78561, TX: less expensive homes
- 78591, TX: less expensive homes
- 78580, TX: less expensive homes
- 78590, TX: less expensive homes
- 78598, TX: less expensive homes
- 78584, TX: less expensive homes
- 78545, TX: less expensive homes
- 78564, TX: less expensive homes
Zip Codes with Similar Populations
- 64652, MO: higher priced homes
- 62313, IL: less expensive homes
- 62373, IL: equally priced homes
- 62446, IL: less expensive homes
- 62481, IL: less expensive homes
- 62556, IL: equally priced homes
- 62833, IL: less expensive homes
- 62851, IL: less expensive homes
- 63839, MO: less expensive homes
- 63866, MO: less expensive homes
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