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These days, finding an affordable place to live in the 78640 area can be challenging. Home prices in 78640 are now at a median cost of $321,206, lower than the Texas average of $322,096.
The average cost of rent is $1,872/mo in 78640, primarily driven by the current value of real estate in the 78640 area. In 78640, 28.42% of households rent, and 24.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 78640 is $7,996 per month. Households that rent pay about 23.40% of their income on rent here. 78640’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern 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
- 78610, TX: higher priced homes
- 78656, TX: less expensive homes
- 78666, TX: equally priced homes
- 78655, TX: less expensive homes
- 78644, TX: less expensive homes
- 78616, TX: less expensive homes
- 78676, TX: higher priced homes
- 78623, TX: higher priced homes
- 78662, TX: equally priced homes
- 78133, TX: higher priced homes
Zip Codes with Similar Populations
- 19120, PA: less expensive homes
- 92562, CA: higher priced homes
- 60402, IL: equally priced homes
- 60609, IL: less expensive homes
- 74012, OK: less expensive homes
- 77521, TX: less expensive homes
- 78574, TX: less expensive homes
- 85041, AZ: higher priced homes
- 85301, AZ: less expensive homes
- 87120, NM: equally priced homes
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