US5.com
  1. Home
  2. States
  3. Texas
  4. ZIP 78504
  5. Housing & Real Estate
McAllen city, TX

ZIP 78504 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 78504

Median Home Value
$203,900
Median Rent
$947
Affordability Snapshot
$56,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,310/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

17.9 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 78504 in McAllen city, TX, a household would need roughly $56,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,310. That sits below the local median household income ($77,627), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
68.5%+5% vs US avg
x
Vacancy Rate
8.6%-16% vs US avg
x
Broadband Access
92.7%+7% vs US avg
x
4+ Bedrooms
4.8%-68% vs US avg
x
Built Pre-1939
0.4%-97% vs US avg
x
Built Post-2014
1.6%-76% vs US avg
x
Rent Burden >30%
21.2%-57% vs US avg
x
Mortgage-Free
39.6%+4% vs US avg
x
$203,900
Home Value
$947
Rent
1999
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached74.5%
  • 1-unit attached2.8%
  • 2-9 units9.7%
  • 10+ units7.8%
  • Mobile home & other5.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$203,900
Median rent$947
Owner-occupied68.5%
Vacant8.6%
Price-to-income2.6x
Est. income to buy$56,000