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These days, finding an affordable place to live in the 78703 area can be challenging. Home prices in 78703 are now at a median cost of $1,489,079, higher than the Texas average of $322,096.
The average cost of rent is $2,284/mo in 78703, primarily driven by the current value of real estate in the 78703 area. In 78703, 40.77% of households rent, and 40.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 78703 is $14,705 per month. Households that rent pay about 15.53% of their income on rent here. 78703’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern 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
- 78705, TX: less expensive homes
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Zip Codes with Similar Populations
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