The 5 most affordable ZIP codes in the Austin area
(Mary Stringini)
AUSTIN - Rental prices are down from last year, but it's still not cheap, especially in and around Austin.
CashNetUSA put together a list of the most affordable ZIP codes in the USA for renters, including people looking for a place in Central Texas.
The calculation is based on the average rent cost from the Zillow Observed Rent Index compared to the local median household income.
ZIP codes where the rent was the lowest percentage of the median household income were labeled as the most affordable.
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1. 78737
The 78737 ZIP Code in Austin topped the affordability list for renters.
The area includes Southwest Austin neighborhoods.
The analysis says that the average monthly rent is $1,870 and the median household income is more than $164,000 per year.
The rent made up 16.05% of the median household income.
2. 78732
The 78732 ZIP code in Austin topped the affordability list for renters.
The area includes west Austin neighborhoods.
The analysis says that the average monthly rent is $2,638 and the median household income is more than $194,000 per year.
The rent made up 17.53% of the median household income.
3. 78750
The 78750 ZIP code in Austin topped the affordability list for renters.
The area includes northwest Austin neighborhoods.
The analysis says that the average monthly rent is $1,594 and the median household income is more than $123,722 per year.
The rent made up 17.60% of the median household income.
4. 78749
The 78749 ZIP code in Austin topped the affordability list for renters.
The area includes southwest Austin neighborhoods.
The analysis says that the average monthly rent is $1,752 and the median household income is more than $114,000 per year.
The rent made up 18.64% of the median household income.
5. 78717
The 78717 ZIP code in Austin topped the affordability list for renters.
The area includes north Austin neighborhoods.
The analysis says that the average monthly rent is $1,865 and the median household income is more than $140,000 per year.
The rent made up 18.64% of the median household income.
Most Affordable ZIP Codes in Austin
- 78737 - Hays County
- 78732 - Travis County
- 78750 - Travis County
- 78749 - Travis County
- 78717 - Williamson County
15 most affordable ZIP Codes in the United States
- 66224 in Leawood, Kansas
- 66221 in Overland Park, Kansas
- 48324 in West Bloomfield, Michgan
- 78248 in San Antonio, Texas
- 15228 in Pittsburgh, Pennsylvania
- 50323 in Urbandale, Iowa
- 48186 in Northville, Michigan
- 57005 in Brandon, South Dakota
- 77401 in Bellaire, Texas
- 43035 in Lewis Center, Ohio
- 48335 in Farmington, Michigan
- 77094 in Houston, Texas
- 60304 in Oak Park, Illinois
- 75013 in Allen, Texas
- 58554 in Mandan, North Dakota