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FRC City Analysis · May 2026

San Antonio, TX
Housing Affordability

MODERATE — 48% of homes affordable

San Antonio is the most affordable major Texas city. Lower home prices partially offset the high Texas property tax. Teachers earning $68K still face a $17K income gap, but single-family homeownership is within reach with some savings.

$280,000
Median Home Price
$2,017/mo
Monthly PITI (20% down)
$85,000
Income Needed (36% DTI)
$55,000
Median Household Income
+$30,000
Annual Income Gap
48%
Homes Affordable on Median

The Math

At today's 6.7% mortgage rate with 20% down, the monthly PITI on San Antonio's median home is $2,017. To keep housing under 36% of gross income (the back-end DTI threshold most lenders use), you need $85,000/year — 155% of the city's median income.

The local median income of $55,000 leaves a gap of $30,000/year. This means the median household needs to earn 55% more to comfortably qualify for the median home.

Affordable Alternatives

📍 Nearest affordable areas: Converse, Universal City, Schertz
These surrounding communities typically offer lower home prices within commuting distance.
See If You'd Qualify

These are market averages. Your situation depends on your income, debts, and credit.

🏦 Ask Zai About San Antonio → ← All Cities

Source: BLS OEWS 2024, Zillow ZHVI May 2026, FRC Underwriting Model. Not financial advice. Educational analysis only.

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