ZIP Code · TX

ZIP 78232

Part of San Antonio, TX

Pop. 36,636·Bexar County·569th most expensive ZIP in Texas

Median rent (all units)

$1,291/mo

Year-over-Year

-0.1%

Month-over-Month

+1.3%

vs US Median

-$641

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 78232 · $1,291

More affordable than 87% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,250

1 BR

$1,370

2 BR

$1,660

3 BR

$2,130

4 BR+

$2,480

Research median

$1,660/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

Cheapest month to sign

January. Asking rents in ZIP 78232 usually run 0.9% below trend in January and 1% above it in September, about $25 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 78232 is 4.5% below its high of $1,352 in May 2023, at $1,291 as of September 2026.

Past year vs. the rest of Texas

Rent in ZIP 78232 changed -0.2% over the year to September 2026. Across the 629 Texas ZIP codes Zillow tracks, the typical change was +1.2%.

Recent direction

Rent has risen 3 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($85,273) is $2,132 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,130); a 4-bedroom is $2,480.

Rank in San Antonio

16th cheapest of 54 ZIP codes in San Antonio.

Cheaper nearby

ZIP 78231, 4 miles away, rents for 12% less ($1,130/mo), about $1,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 78232. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$15,492/yr

At $1,291/mo median

Location

CitySan Antonio

StateTX

CountyBexar County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (0.1% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (-0.1% YoY, +1.3% MoM), not inventory.

Demographics

Who lives here

ZIP 78232 (San Antonio, TX) is majority owner-occupied, 50.4% of residents hold a bachelor's degree or higher.

Population

36,636

Median income

$85,273

Median age

38.4

Renters

44.1%

Age distribution

22.5%

22.2%

25.9%

18.2%

Under 1822.5%

18–3422.2%

35–5425.9%

55–6411.3%

65+18.2%

Gender

49.2%

50.8%

Male49.2%

Female50.8%

Race & ethnicity

63.6%

37.4%

White63.6%

Black3.7%

Hispanic37.4%

Asian2.6%

Education (25+)

16%

29.2%

50.4%

No HS diploma4.4%

HS diploma16%

Some college29.2%

Bachelor's+50.4%

Housing tenure

55.9%

44.1%

Owner55.9%

Renter44.1%

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

2021 vs 2026

How ZIP 78232 in San Antonio, TX has changed in 5 years

Rent

$1,117 → $1,291

up 15.6%

Income

$78,320 → $85,273

up 8.9%

Population

36,825 → 36,636

down 0.5%

Renter share

42.6% → 44.1%

+1.5 pts

Bachelor's+

48.4% → 50.4%

+2.0 pts

Compared with 2021, rent in ZIP 78232 in San Antonio, TX has increased by $174 per month, settling near $1,291 after starting the period at $1,117. Census figures show median household income at $85,273 today, compared with $78,320 five years earlier. Rent outpaced income growth by roughly 6.7 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. About 44.1% of households rent today, against 42.6% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 48.4% to 50.4%. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

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About renting in ZIP 78232

Last updated: October 17, 2026

ZIP code 78232 covers San Antonio, TX. The median rent here is $1,291/mo as of October 2026. A 1-bedroom rents for a median of $1,370/mo. A 2-bedroom rents for a median of $1,660/mo.

At 18% of local median household income ($85,273/yr), ZIP 78232 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 78232?

To keep rent at or below 30% of gross income, you would need to earn at least $52,000/year (about $25/hour full-time) to afford the median rent of $1,291/mo in ZIP 78232. The local median household income is $85,273/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 78232?

Rent in ZIP 78232 has been roughly flat over the past year as of September 2026, a -0.1% change. It sits 4.5% below its high of $1,352 in May 2023.

When is the cheapest time to rent in ZIP 78232?

Asking rents in ZIP 78232 are usually lowest in January, about 0.9% below their yearly trend, and highest in September, about 1% above it. At today's median that is a gap of roughly $25 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 78232 compare to other ZIPs in Texas?

ZIP 78232 is one of the more affordable among Texas ZIP codes for rent, ranking #569 of 693 at $1,291/mo. Over the year to September 2026, rent in ZIP 78232 changed -0.2%, against a typical +1.2% across the 629 Texas ZIP codes Zillow tracks.