78840
Del Rio, Texas.
Del Rio, Val Verde County, TX · Del Rio, TX metro · population 47,256
to buy the typical home at today's mortgage rate — +$479 (+80%) since Jan 2020.
- 1 year
- Down $9,167 -4%
- $214,204$205,037 since Sep 2025
- 5 years
- Up $14,642 +8%
- $190,395$205,037 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 78840$1,076
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 47 years.
Typical home values in zip 78840 fell 4.3% over the past year — slower than the nation's +1.2%.
Asking rents in zip 78840 rose 2.6% over the past year — in step with the nation.
Owning the typical home in zip 78840 runs $194/mo more than renting one. The gap peaked at $389 in Jan 2025.
That is $1,540 a month against $1,346 rent: a $1,076 mortgage payment, plus $244 property tax and $220 insurance & upkeep.
Owning vs renting — zip 78840
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$1,540
- Renting$1,346
- Mortgage only$1,076
Property tax · $244/mo 1.43% of value a year — the ACS 2020-2024 median bill over the median home value for Val Verde County, TX
Insurance & upkeep · $220/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Zillow also publishes an index for the city itself: Del Rio, TX — measured over the city limits, which is a different area from this zip.
Asking rent — 78840
Against the Del Rio, TX metro and the national benchmark.
- 78840$1,346
- Del Rio$1,346
- United States$1,932
Typical home value — 78840
Mid-tier homes, smoothed and seasonally adjusted.
- 78840$205,037
- Del Rio$204,784
- United States$366,157
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.