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These days, finding an affordable place to live in the 78840 area can be challenging. Home prices in 78840 are now at a median cost of $180,040, lower than the Texas average of $322,096.
The average cost of rent is $1,094/mo in 78840, primarily driven by the current value of real estate in the 78840 area. In 78840, 30.51% of households rent, and 55.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 78840 is $5,757 per month. Households that rent pay about 19.00% of their income on rent here. 78840’s most expensive areas are in the northeastern 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
- 78841, TX: less expensive homes
- 78843, TX: higher priced homes
- 78832, TX: less expensive homes
- 78801, TX: less expensive homes
- 78870, TX: less expensive homes
- 78881, TX: less expensive homes
- 78850, TX: higher priced homes
- 78861, TX: higher priced homes
- 78009, TX: higher priced homes
- 78066, TX: higher priced homes
Zip Codes with Similar Populations
- 43207, OH: equally priced homes
- 91790, CA: higher priced homes
- 91387, CA: higher priced homes
- 89436, NV: higher priced homes
- 89103, NV: higher priced homes
- 55112, MN: higher priced homes
- 48219, MI: less expensive homes
- 48188, MI: higher priced homes
- 48066, MI: less expensive homes
- 47201, IN: higher priced homes
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