ZIP Code · TX

ZIP 76048

Part of Granbury, TX

Pop. 27,000·Hood County·453rd most expensive ZIP in Texas

Median rent (all units)

$1,442/mo

Year-over-Year

-0.5%

Month-over-Month

+0.6%

vs US Median

-$490

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 76048 · $1,442

More affordable than 77% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,010

1 BR

$1,140

2 BR

$1,300

3 BR

$1,560

4 BR+

$2,020

Research median

$1,300/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 76048 is 1% below its high of $1,457 in November 2025, at $1,442 as of September 2026.

Past year vs. the rest of Texas

Rent in ZIP 76048 changed -0.5% over the year to September 2026. Across the 629 Texas ZIP codes Zillow tracks, the typical change was +1.2%.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($70,346) is $1,759 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,560); a 4-bedroom is $2,020.

From Zillow's monthly rent index (ZORI) for ZIP 76048. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$17,304/yr

At $1,442/mo median

Location

CityGranbury

StateTX

CountyHood County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (-0.5% YoY, +0.6% MoM), not inventory.

Demographics

Who lives here

ZIP 76048 (Granbury, TX) is majority owner-occupied, has a large retiree population, 26.1% of residents hold a bachelor's degree or higher.

Population

27,000

Median income

$70,346

Median age

45.8

Renters

26.4%

Age distribution

20.4%

18.7%

20.8%

14.9%

25.3%

Under 1820.4%

18–3418.7%

35–5420.8%

55–6414.9%

65+25.3%

Gender

50.1%

49.9%

Male50.1%

Female49.9%

Race & ethnicity

83.1%

16.4%

White83.1%

Black0.8%

Hispanic16.4%

Asian0.6%

Education (25+)

30%

33.6%

26.1%

No HS diploma10.3%

HS diploma30%

Some college33.6%

Bachelor's+26.1%

Housing tenure

73.6%

26.4%

Owner73.6%

Renter26.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How ZIP 76048 in Granbury, TX has changed in 5 years

Rent

$1,295 → $1,442

up 11.4%

Income

$57,213 → $70,346

up 23.0%

Population

25,691 → 27,000

up 5.1%

Renter share

29.7% → 26.4%

-3.3 pts

Bachelor's+

24.3% → 26.1%

+1.8 pts

Median age

44.3 → 45.8

+1.5 yrs

Rent in ZIP 76048 in Granbury, TX has climbed 11.4% since 2023, going from about $1,295 per month to roughly $1,442 today. On the earnings side, the typical household in ZIP 76048 in Granbury, TX now reports about $70,346, up from $57,213 in 2021. Income growth outran rent by about 11.6 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 25,691 to 27,000 between 2021 and 2024, a 5.1% change. About 26.4% of households rent today, against 29.7% in 2021. For context, the 2023 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 76048 in Granbury, TX reflects that arc in its own way.

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About renting in ZIP 76048

Last updated: October 17, 2026

ZIP code 76048 covers Granbury, TX. The median rent here is $1,442/mo as of October 2026. A 1-bedroom rents for a median of $1,140/mo. A 2-bedroom rents for a median of $1,300/mo.

At 25% of local median household income ($70,346/yr), ZIP 76048 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 76048?

To keep rent at or below 30% of gross income, you would need to earn at least $58,000/year (about $28/hour full-time) to afford the median rent of $1,442/mo in ZIP 76048. The local median household income is $70,346/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 76048?

Rent in ZIP 76048 has been roughly flat over the past year as of September 2026, a -0.5% change. It sits 1% below its high of $1,457 in November 2025.

How does ZIP 76048 compare to other ZIPs in Texas?

ZIP 76048 is in the middle among Texas ZIP codes for rent, ranking #453 of 693 at $1,442/mo. Over the year to September 2026, rent in ZIP 76048 changed -0.5%, against a typical +1.2% across the 629 Texas ZIP codes Zillow tracks.