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These days, finding an affordable place to live in the 79040 area can be challenging. Home prices in 79040 are now at a median cost of $154,697, lower than the Texas average of $322,096.
The average cost of rent is $922/mo in 79040, primarily driven by the current value of real estate in the 79040 area. In 79040, 20.39% of households rent, and 68.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 79040 is $7,028 per month. Households that rent pay about 13.12% of their income on rent here. 79040’s most expensive areas are in the northern 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
- 79081, TX: less expensive homes
- 79093, TX: higher priced homes
- 79033, TX: higher priced homes
- 79084, TX: equally priced homes
- 79070, TX: less expensive homes
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- 73858, OK: less expensive homes
- 88436, NM: higher priced homes
Zip Codes with Similar Populations
- 76701, TX: higher priced homes
- 46991, IN: less expensive homes
- 47995, IN: equally priced homes
- 49029, MI: higher priced homes
- 49645, MI: equally priced homes
- 49733, MI: higher priced homes
- 50456, IA: less expensive homes
- 50830, IA: less expensive homes
- 03836, NH: higher priced homes
- 51237, IA: higher priced homes
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