Mortgage Rates in San Antonio, Texas: 2026 Guide
30-year fixed: 7.32%. Median home price: $280,000.
Current Mortgage Rates in San Antonio
| Loan Type | Rate | APR | Monthly Payment* |
|---|---|---|---|
| 30-Year Fixed | 7.32% | 7.400% | $1,539/mo |
| 15-Year Fixed | 6.68% | 6.750% | $1,974/mo |
| 5/1 ARM | 6.46% | 6.810% | $1,410/mo |
Cost of Living & Property Taxes
Texas has no state income tax. Property tax rate: 1.31%. Annual taxes on a median home: $3,668.
San Antonio Market Insights
San Antonio provides one of the most affordable entry points to homeownership among major US cities. The housing market is stable, with steady appreciation driven by population growth and military presence from nearby bases. The cost of living is lower than in Austin or Dallas, making it attractive for first-time buyers. The city’s historic neighborhoods like King William and Alamo Heights offer charm, while the north side features newer master-planned communities.
Frequently Asked Questions
What is the average mortgage rate in San Antonio?+
As of November 1, 2026, the average 30-year fixed rate in San Antonio is 7.32%.
Is San Antonio affordable for first-time home buyers?+
Yes, with a median home price of $280,000, San Antonio is one of the more affordable major cities. A 20% down payment is $56,000.
What are property taxes in San Antonio?+
Effective property tax rate is approximately 1.31%. Annual taxes: $3,668.