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Fort Worth city, TX

ZIP 76116 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 76116

Median Home Value
$286,500
Median Rent
$1,076
Affordability Snapshot
$79,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,840/mo PITI).

24%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.2x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

22.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 76116 in Fort Worth city, TX, a household would need roughly $79,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,840. That is about 44% above the local median household income ($54,738), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 13% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
35.9%-45% vs US avg
x
Vacancy Rate
13.4%+30% vs US avg
x
Broadband Access
86.2%-1% vs US avg
x
4+ Bedrooms
1.2%-92% vs US avg
x
Built Pre-1939
4.4%-66% vs US avg
x
Built Post-2014
0.0%-100% vs US avg
x
Rent Burden >30%
28.3%-43% vs US avg
x
Mortgage-Free
43.8%+15% vs US avg
x
$286,500
Home Value
$1,076
Rent
1977
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached38.2%
  • 1-unit attached2.4%
  • 2-9 units27.1%
  • 10+ units31.9%
  • Mobile home & other0.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$286,500
Median rent$1,076
Owner-occupied35.9%
Vacant13.4%
Price-to-income5.2x
Est. income to buy$79,000