78516 rental market

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Last updated August 29, 2025

Rental market summary

The average rent for all bedrooms and all property types in 78516 is $1,150.

Average rent

$1,150

Month-over-month change

-$50

Year-over-year change

+$25

Available rentals

42

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $775 to $2,500.

Rent frequencies
Rent priceNumber of rental properties
$7001
$9002
$1,00013
$1,10017
$1,20010
$1,3002
$1,4001
$1,5003
$1,6001
$1,7004
$1,8001
$2,4001
$2,500+1

Average rent price over time

In the last year, rent has increased by $25 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$850$1,300
Feb$1,250$1,250
Mar$1,250$1,100
Apr$1,250$1,175
May$1,300$1,200
Jun$1,250$1,050
Jul$1,300$1,250
Aug$1,100$1,200
Sep$1,125No data
Oct$1,200No data
Nov$1,193No data
Dec$1,250No data

Market temperature

The 78516 rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in 78516 is 45% lower than the national average.

78516vs.

$1,150

$2,100

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Frequently asked questions

1. What is the average rent in 78516?

The average rent in 78516 is $1,150.

2. How much does it cost to rent a house in 78516?

Houses in 78516 rent between $775 - $2,500 with an average rent of $1,150.

3. How has the rent in 78516 changed in the last year?

In the last year, the rent in 78516 increased by $25

4. How much has the rent in 78516 increased/decreased in the last month?

In the last month, the rent in 78516 decreased by $50

5. How many available rentals are there in 78516?

There are currently 42 rentals available in 78516.

6. How do rent prices in 78516 compare with the national average?

The average rent in 78516 is $1,150 — 45.24% lower the national average of $2,100.