US5.com
  1. Home
  2. States
  3. Texas
  4. ZIP 79403
  5. Housing & Real Estate
Lubbock city, TX

ZIP 79403 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 79403

Median Home Value
$83,100
Median Rent
$643
Affordability Snapshot
$23,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$534/mo PITI).

17%
Rent-to-Income Ratio

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

1.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

10.8 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 79403 in Lubbock city, TX, a household would need roughly $23,000 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 $534. That sits below the local median household income ($45,343), 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

Vacancy rate 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
60.9%-7% vs US avg
x
Vacancy Rate
11.6%+13% vs US avg
x
Broadband Access
80.8%-7% vs US avg
x
4+ Bedrooms
4.1%-72% vs US avg
x
Built Pre-1939
4.2%-67% vs US avg
x
Built Post-2014
0.3%-95% vs US avg
x
Rent Burden >30%
31.1%-38% vs US avg
x
Mortgage-Free
71.1%+86% vs US avg
x
$83,100
Home Value
$643
Rent
1971
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

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

  • 1-unit detached70.4%
  • 1-unit attached1.0%
  • 2-9 units5.4%
  • 10+ units5.7%
  • Mobile home & other17.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$83,100
Median rent$643
Owner-occupied60.9%
Vacant11.6%
Price-to-income1.8x
Est. income to buy$23,000