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These days, finding an affordable place to live in the 78705 area can be challenging. Home prices in 78705 are now at a median cost of $362,645, higher than the Texas average of $235,268.
The average cost of rent is $1,394/mo in 78705, primarily driven by the current value of real estate in the 78705 area. While nearly 64.10% of residents own their homes outright in 78705, 90.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in 78705 is $2,475 per month. Households that rent pay about 56.34% of their income on rent here. 78705's most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 78712, TX: equally priced homes
- 78703, TX: higher priced homes
- 78722, TX: higher priced homes
- 78701, TX: higher priced homes
- 78751, TX: higher priced homes
- 78756, TX: higher priced homes
- 78702, TX: higher priced homes
- 78723, TX: equally priced homes
- 78704, TX: higher priced homes
- 78721, TX: equally priced homes
Zip Codes with Similar Populations
- 02062, MA: higher priced homes
- 54401, WI: less expensive homes
- 34990, FL: higher priced homes
- 31404, GA: less expensive homes
- 23606, VA: less expensive homes
- 21009, MD: less expensive homes
- 20740, MD: equally priced homes
- 18201, PA: less expensive homes
- 08648, NJ: equally priced homes
- 06770, CT: less expensive homes
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