Housing costs in Alamo?
A typical home costs
$131,300, which is 61.2% less expensive than the national average of
$338,100 and 55.9% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Alamo costs
$850 per month, which is 33.6% cheaper than the national average of
$1,280 and 3.5% cheaper than the state average of
$880.
Can I afford Alamo?
To live comfortably in Alamo (zip 78516), Texas, a minimum annual income of
$25,200 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Alamo?
The cost of living in 78516 Alamo, TX is relatively low compared to the rest of the US. The median home value is $118,901, which is much lower than the US median home value of $219,700. This makes 78516 Alamo a great place for first-time home buyers or those looking to downsize. Renting a one-bedroom apartment in the zip code will cost around $635 a month on average, which is significantly cheaper than the national average of $949 per month. Additionally, groceries and other necessities are slightly below the national average. All in all, 78516 Alamo makes for an affordable place to live.