How much is a home worth in ZIP code 78203?

The typical home in 78203 is worth $161,928, based on the Zillow Home Value Index.

Are home values rising in 78203?

Home values in 78203 are down 7.0% over the past year, and down 2.3% a year over five years.

What is the typical rent in 78203?

A typical home in 78203 rents for about $2,174 a month, a gross rental yield of 16.1%.

What is the property tax rate in 78203?

The effective property tax rate in 78203 is 1.1% — roughly $1,737 a year on a typical home.

ZIP code 78203 has a population of 5,200 and a median household income of $35,536.

HousingHandbookReference data

…

U.S. ZIP Code · TX78203

Bexar County · San Antonio-New Braunfels, TX

Typical home value

$161,928^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -7.0%
5-year / yr: -2.3%
10-year / yr: +7.6%

Relative price

vs U.S.: -43.0%
vs metro: -43.3%
vs state: -38.1%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 78203 is worth $161,928 — 43.3% below the San Antonio-New Braunfels, TX median. Over the past year, values have fallen 7.0%. Homes here rent for a typical $2,174 a month — a 16.1% gross rental yield. The effective property tax rate is 1.1%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,174^[2]
Gross yield: 16.1%^[2]
Cap rate: 9.7%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.1%^[3]
Typical annual tax: $1,737^[3]

#Climate risk

FEMA National Risk Index ratings for Bexar County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Very High
Coastal flood: Not Applicable
Wildfire: Relatively Moderate
Drought: Relatively Moderate
Heat wave: Relatively High
Hurricane: Relatively Moderate
Tornado: Very High
Earthquake: Relatively Low
Winter weather: Relatively High

#Who lives here

Population: 5,200^[3]
Median household income: $35,536^[3]

#Migration

Household moves in and out of Bexar County over a year, from IRS tax-return data.

Net migration: +2,764^[5]
Moved in: 46,275
Moved out: 43,511

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 5
Elementary: 3
Middle: 0
High: 2

IDEA EASTSIDE COLLEGE PREPARATORY
High · Grades 6–12 · IDEA PUBLIC SCHOOLS
548 students
IDEA EASTSIDE ACADEMY
Elementary · Grades K–5 · IDEA PUBLIC SCHOOLS
427 students
ST PHILIP'S COLLEGE EARLY COLLEGE H S WITH SAISD
High · Grades 9–12 · SAN ANTONIO ISD
299 students
SMITH EL
Elementary · Grades PK–5 · SAN ANTONIO ISD
285 students
DOUGLASS EL
Elementary · Grades PK–5 · SAN ANTONIO ISD
169 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield16.1%

Net yield (after ~40% expenses)9.7%

Annual rent$26,087

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$819

Loan principal$129,542

Down payment$32,386

Total interest paid$165,224

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.51

Monthly cost to own$1,098

Monthly rent$2,174

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 3rd percentile^[1]
Rental yield: 100th percentile^[2]
Property tax: 20th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

1st for highest rental yield in TXView list →

Frequently asked

How much is a home worth in ZIP code 78203?: The typical home in 78203 is worth $161,928, based on the Zillow Home Value Index.
Are home values rising in 78203?: Home values in 78203 are down 7.0% over the past year, and down 2.3% a year over five years.
What is the typical rent in 78203?: A typical home in 78203 rents for about $2,174 a month, a gross rental yield of 16.1%.
What is the property tax rate in 78203?: The effective property tax rate in 78203 is 1.1% — roughly $1,737 a year on a typical home.
Who lives in 78203?: ZIP code 78203 has a population of 5,200 and a median household income of $35,536.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

78202 vs 78203 →
San Antonio, TX
Typical home
$161,518
Gross yield
10.1%
78210 vs 78203 →
San Antonio, TX
Typical home
$164,186
Gross yield
10.1%
78242
San Antonio, TX
Typical home
$157,710
Gross yield
9.8%
78227
San Antonio, TX
Typical home
$167,203
Gross yield
9.2%
78204
San Antonio, TX
Typical home
$167,414
Gross yield
9.6%
78220
San Antonio, TX
Typical home
$153,931
Gross yield
10.8%

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Pit ZIP 78203 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · TX78203

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