Real Estate Investing in San Antonio, Texas (78202)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Bexar County • Population: 9,952 • Data updated: September 2026

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Should you buy in 78202 (San Antonio, TX)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (49/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (57/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
4 flags
  • High vacancy: 14.4% of homes vacant — above national norms.
  • Declining values: -3.0% 5-year CAGR — values have moved lower.
  • Elevated poverty: 20.6% poverty rate — can affect rent collection.
  • Lower household income: $39,759 median — tenant affordability is tighter.

What’s happening in San Antonio, TX (78202)?

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3.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

5.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $157,317
Avg Monthly Rent $1,350
1% Rule ✗ Does Not Meet
Median Income $39,759
% Renters 50.0%

Market Analysis: 78202 San Antonio

From a cash-flow lens, ZIP 78202 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $157K median. It rewards specialists, not generalists.

For an experienced owner, 78202 can be a a viable market for hunting ground — but the discount at $157K reflects genuine risk that outside investors often underestimate.

Regionally, 78202 sits on the difficult end of the TX spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.

Turning to rents, 9,952 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

The 78202 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in San Antonio:

D Needs Caution
Buy Confidence Score: 49/100
Affordability
15/25
Appreciation
0/25
Stability
9/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4× the median income
Value Trend
Declining (-0.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,350/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
❄️
COOL MARKET
San Antonio-New Braunfels, TX Metro Area
More inventory, negotiating room for buyers
88 days
Average time to sell
Slow
9.7%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from San Antonio-New Braunfels, TX metro data
🏠

Property Strategy for 78202

Which property type performs best in this market?

Best for Cash Flow
2BR
7.9% cap rate
Best for Appreciation
4BR
+2.0% 5yr CAGR
Best Overall Value
4BR
$53,455/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $212,140 $1,110 3.8% +0.7% $212,140
2BR $123,272 $1,350 7.9% -0.1% $61,636
3BR $175,074 $1,730 7.1% +1.0% $58,358
4BR $213,820 $2,020 6.8% +2.0% $53,455

Market Trends

Home Value History (with trend line)

$213K$178K$142K$107K$71K$36KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,463$1,385$1,306$1,227$1,148$1,070May 2021Dec 2023Jul 2026

📊 How Does 78202 Compare?

Metric 78202 San Antonio San Antonio-New Braunfels, TX Texas
Home Value $157,317 $279,541 N/A $297,000
5-Year CAGR N/A 1.3% N/A 5.4%
Avg Rent $1,350 $1,452 N/A -
Cap Rate 6.7% 4.8% - -
💡 Why Invest in 78202? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

50% of households rent in this area, creating consistent tenant demand for landlords.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 78202 (San Antonio, TX). Anonymous, moderated, never written by AI.

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Property managers serving Bexar County

Manage rentals here? List your business →

Forefront Property Management offers residential, multi-family, and commercial property management services in San Antonio, aiming to simplify property ownership. summary from their website

Single-familySmall multifamilyCommercial
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Hill Country Homeowners Association Management specializes in personalized financial and administrative management services for homeowner's associations in San Antonio and the Texas Hill Country. summary from their website

HOA
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PMI San Antonio offers residential and commercial property management services in San Antonio, including marketing, tenant screening, rent collection, and financial reporting. summary from their website

Single-familyCommercial
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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
6.7%
Good
5yr Growth
-3.0%
Declining

📊 Market Snapshot

Home Value $157,317
Monthly Rent $1,350
Price-to-Rent 9.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 10.3%
Cap Rate 6.7%
5-Year IRR 3.8%

📈 Home Appreciation

1-Year -0.2% ▼
3-Year CAGR -5.8% ▼
5-Year CAGR -3.0% ▼
10-Year CAGR +6.6% ▲

🏠 Rent Trends

1-Year +1.2% ▲
3-Year CAGR +1.7% ▲
5-Year CAGR +3.7% ▲
Neutral Leverage Cap Rate: 6.7%  |  30yr Rate: 6.8%
Leverage is roughly neutral here.

The current 30-yr mortgage rate (6.8%) is close to the estimated cap rate (6.7%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
14.4%
Moderate risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
-3.0%
Declining
Eviction process: Fast Rent control: Favorable

Demographics in 78202

Population: 9,952

💰 Median Household Income
$39,759
This area
$39,759
State
$70,593
USA
$74,580
🏠 Renter Occupied
50.0%
This area
50.0%
State
29.5%
USA
34.0%
💼 Unemployment Rate
6.4%
This area
6.4%
State
-25.4%
USA
3.7%
🎓 College Educated
23.4%
This area
23.4%
State
-5.8%
USA
33.7%
👤 Median Age
39.0 years
This area
39.0 years
State
-3.7 years
USA
38.9 years
🏚️ Vacancy Rate
14.4%
This area
14.4%
State
18.3%
USA
10.5%
👥 Population by Ethnicity
White 44.3%
Other/Mixed 35.1%
Hispanic/Latino 31.6%
Black/African American 20.0%
Asian 0.5%
👶 Under 18
18.9%
This area
18.9%
USA
22.0%
👴 65 and Over
12.4%
This area
12.4%
USA
17.3%
📊 Poverty Rate
20.6%
This area
20.6%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 78202

B+ Avg School Grade
8 Schools
15.2:1 Avg Class Size
$16,485 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

BOWDEN ACADEMY

📚 Pre-K – 08 School
👥
436 Students
👨‍🏫
13.4:1 Class Size
💰
$17,992 Per Student
A Very Good

WASHINGTON EL

📚 Pre-K – 06 School
👥
338 Students
👨‍🏫
15.4:1 Class Size
💰
$17,992 Per Student
A Very Good

YOUNG MEN'S LEADERSHIP ACADEMY

📚 05 – 12 High School Charter
👥
297 Students
👨‍🏫
12.6:1 Class Size
💰
$17,992 Per Student
B+ Above Average

HEALY-MURPHY

📚 09 – 12 High School
👥
132 Students
👨‍🏫
8.3:1 Class Size
💰
$17,992 Per Student
B+ Above Average

TYNAN EARLY CHILDHOOD CAMPUS

📚 Grade PK Elementary Charter
👥
155 Students
👨‍🏫
14.1:1 Class Size
💰
$17,992 Per Student
B Good

IDEA CARVER COLLEGE PREPARATORY

📚 06 – 12 High School Charter
👥
642 Students
👨‍🏫
15.4:1 Class Size
💰
$11,965 Per Student
C+ Average

HEALY MURPHY PK

📚 Grade PK Elementary
👥
41 Students
👨‍🏫
20.5:1 Class Size
💰
$17,992 Per Student
C+ Average

IDEA CARVER ACADEMY

📚 K – 05 Elementary Charter
👥
528 Students
👨‍🏫
22.0:1 Class Size
💰
$11,965 Per Student

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A+ Excellent

ROBERT G COLE MIDDLE/HIGH SCHOOL

📚 06 – 12 High School
📍 4001 WINANS RD, SAN ANTONIO
👥
788 Students
👨‍🏫
10.8:1 Class Size
💰
$17,650 Per Student
A+ Excellent

HIGHLAND PARK EL

📚 Pre-K – 05 Elementary
📍 635 RIGSBY AVE, SAN ANTONIO
👥
354 Students
👨‍🏫
13.5:1 Class Size
💰
$17,992 Per Student
A Very Good

ROBERT B GREEN EL

📚 Pre-K – 05 Elementary
📍 122 W WHITTIER ST, SAN ANTONIO
👥
130 Students
👨‍🏫
10.6:1 Class Size
💰
$17,992 Per Student
A Very Good

BONHAM ACADEMY

📚 K – 08 School Charter
📍 925 S ST MARYS ST, SAN ANTONIO
👥
645 Students
👨‍🏫
14.9:1 Class Size
💰
$17,992 Per Student
A Very Good

DEMOCRACY PREP AT STEWART ACADEMY

📚 Pre-K – 08 School Charter
📍 1950 RIGSBY AVE, SAN ANTONIO
👥
595 Students
👨‍🏫
14.9:1 Class Size
💰
$17,992 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

🎓 Nearby Colleges & Universities

8 Nearby 10,094 Off-Campus Students
C
St Philip's College
14,281 students · 1.0 mi
D
Alamo Community College District Central Office
0 students · 1.5 mi
C
San Antonio College
18,975 students · 2.5 mi
B+
Trinity University
2,694 students · 2.7 mi
C
University of the Incarnate Word
7,251 students · 2.7 mi
C+
Nuvani Institute
16 students · 3.0 mi
C
Vogue College of Cosmetology-San Antonio Fredericksburg
122 students · 4.4 mi
C
Our Lady of the Lake University
2,096 students · 5.0 mi

Investor Insight: With 10,094 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

What are rental rates like in San Antonio, TX?

Rents in San Antonio, TX run near $1,350/mo. Compared with median home prices of $157K that produces solid gross yields for typical rentals.

What is the renter demographic in San Antonio, TX?

The renter base in San Antonio, TX is reasonable for the $1,350/mo price point. Screening well and pricing to market typically yields predictable tenants.

What is the rental occupancy rate in San Antonio, TX?

Expect elevated vacancy in San Antonio, TX. Rents at $1,350/mo are absorbed by the tenant base without meaningful lag.

How do experienced investors play San Antonio, TX?

For San Antonio, TX, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

What is the investability score for San Antonio, TX?

The 3.0/5 investability rating in San Antonio, TX reflects its $157K prices and $1,350/mo rents. Investors generally consider it a solid option within TX.

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How 78202 ranks in San Antonio-New Braunfels, TX

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