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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 $658,341, higher than the Texas average of $322,096.
The average cost of rent is $1,554/mo in 78705, primarily driven by the current value of real estate in the 78705 area. In 78705, 86.32% of households rent, and 55.60% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 78705 is $3,027 per month. Households that rent pay about 51.32% of their income on rent here. 78705’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern 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
- 78712, TX: equally priced homes
- 78703, TX: higher priced homes
- 78722, TX: equally priced homes
- 78701, TX: higher priced homes
- 78751, TX: higher priced homes
- 78756, TX: higher priced homes
- 78702, TX: equally priced homes
- 78723, TX: less expensive homes
- 78704, TX: higher priced homes
- 78721, TX: less expensive homes
Zip Codes with Similar Populations
- 02062, MA: equally priced homes
- 54401, WI: less expensive homes
- 34990, FL: less expensive homes
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- 20740, MD: less expensive homes
- 18201, PA: less expensive homes
- 08648, NJ: less expensive homes
- 06770, CT: less expensive homes
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