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Affordable
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These days, finding an affordable place to live in the 79416 area can be challenging. Home prices in 79416 are now at a median cost of $223,207, lower than the Texas average of $322,096.
The average cost of rent is $1,317/mo in 79416, primarily driven by the current value of real estate in the 79416 area. In 79416, 51.55% of households rent, and 41.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 79416 is $5,828 per month. Households that rent pay about 22.60% of their income on rent here. 79416’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central 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
- 79407, TX: less expensive homes
- 79410, TX: equally priced homes
- 79414, TX: less expensive homes
- 79415, TX: less expensive homes
- 79406, TX: equally priced homes
- 79409, TX: equally priced homes
- 79413, TX: less expensive homes
- 79401, TX: less expensive homes
- 79411, TX: less expensive homes
- 79412, TX: less expensive homes
Zip Codes with Similar Populations
- 40515, KY: higher priced homes
- 73401, OK: less expensive homes
- 49441, MI: equally priced homes
- 91351, CA: higher priced homes
- 75075, TX: higher priced homes
- 19115, PA: higher priced homes
- 19152, PA: higher priced homes
- 21075, MD: higher priced homes
- 33141, FL: higher priced homes
- 77009, TX: higher priced homes
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