How much is a home worth in ZIP code 78577?

The typical home in 78577 is worth $163,981, based on the Zillow Home Value Index.

Are home values rising in 78577?

Home values in 78577 are down 1.7% over the past year, and up 5.9% a year over five years.

What is the typical rent in 78577?

A typical home in 78577 rents for about $1,158 a month, a gross rental yield of 8.5%.

What is the property tax rate in 78577?

The effective property tax rate in 78577 is 1.9% — roughly $3,068 a year on a typical home.

ZIP code 78577 has a population of 80,540 and a median household income of $52,770.

HousingHandbookReference data

…

U.S. ZIP Code · TX78577

Hidalgo County · McAllen-Edinburg-Mission, TX

Typical home value

$163,981^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -1.7%
5-year / yr: +5.9%
10-year / yr: +6.9%

Relative price

vs U.S.: -42.3%
vs metro: -3.4%
vs state: -37.4%

Price history

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

The typical home in 78577 is worth $163,981 — 3.4% below the McAllen-Edinburg-Mission, TX median. Over the past year, values have fallen 1.7%. Homes here rent for a typical $1,158 a month — a 8.5% gross rental yield. The effective property tax rate is 1.9%.

#Rent & investment

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

Monthly rent: $1,158^[2]
Gross yield: 8.5%^[2]
Cap rate: 5.1%^[2]

#Property tax

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

Effective tax rate: 1.9%^[3]
Typical annual tax: $3,068^[3]

#Climate risk

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

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

#Who lives here

Population: 80,540^[3]
Median household income: $52,770^[3]

#Migration

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

Net migration: -898^[5]
Moved in: 8,132
Moved out: 9,030

Schools

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

Public schools: 37
Elementary: 22
Middle: 5
High: 7

PSJA NORTH EARLY COLLEGE H S
High · Grades 9–12 · PHARR-SAN JUAN-ALAMO ISD
2,229 students
VANGUARD REMBRANDT
Other · Grades PK–12 · VANGUARD ACADEMY
1,965 students
PSJA SOUTHWEST EARLY COLLEGE H S
High · Grades 9–12 · PHARR-SAN JUAN-ALAMO ISD
1,597 students
LYNDON B JOHNSON MIDDLE
Middle · Grades 6–8 · PHARR-SAN JUAN-ALAMO ISD
971 students
VANGUARD VAN GOGH
Elementary · Grades PK–8 · VANGUARD ACADEMY
959 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 yield8.5%

Net yield (after ~40% expenses)5.1%

Annual rent$13,901

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$829

Loan principal$131,185

Down payment$32,796

Total interest paid$167,319

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 ratio1.05

Monthly cost to own$1,221

Monthly rent$1,158

Owning and renting are roughly even.

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: 21st percentile^[1]
Rental yield: 80th percentile^[2]
Property tax: 91st percentile^[3]

Frequently asked

How much is a home worth in ZIP code 78577?: The typical home in 78577 is worth $163,981, based on the Zillow Home Value Index.
Are home values rising in 78577?: Home values in 78577 are down 1.7% over the past year, and up 5.9% a year over five years.
What is the typical rent in 78577?: A typical home in 78577 rents for about $1,158 a month, a gross rental yield of 8.5%.
What is the property tax rate in 78577?: The effective property tax rate in 78577 is 1.9% — roughly $3,068 a year on a typical home.
Who lives in 78577?: ZIP code 78577 has a population of 80,540 and a median household income of $52,770.

#Comparable ZIPs

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

78576 vs 78577 →
Penitas, TX
Typical home
$167,365
Gross yield
—
78596 vs 78577 →
Weslaco, TX
Typical home
$167,397
Gross yield
7.6%
78560
La Joya, TX
Typical home
$158,678
Gross yield
6.7%
78516
Alamo, TX
Typical home
$169,810
Gross yield
8.9%
78537
Donna, TX
Typical home
$152,943
Gross yield
6.7%
78538
Monte Alto CDP, TX
Typical home
$151,436
Gross yield
—

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#Jump to section

U.S. ZIP Code · TX78577

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