dynamic.RE

State

City

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City

State

City

ZIP codes

Houston, TX · 77240

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $75K, +2.6% YoY (county); renters hold 45.3% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: . The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

Median Listing Price

Population

1,757,164

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 1,917,790

1.9Munits

Occupied1,757,16491.6%

Vacant160,6268.4%

2024 Tenure ⓘ

U.S. Census ACS · n = 1,757,164

1.8Moccupied

Owner961,43754.7%

Renter795,72745.3%

Renter Share

45.3%+0.1% YoY

Total Housing Units

1,917,790+1.8% YoY

FY2026 Fair Market Rent

CountyHarris County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,280

/month

1 BR

$1,323

/month

2 BR

$1,573

/month

3 BR

$2,116

/month

4 BR

$2,639

/month

FMR trends · Harris County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 1.7% to 4,838,303: residents under 18 are up 0.8% and those 65 and over are up 4.4%.

Median Age

34.62024

Population

Harris County Population

5,009,302+2.2% YoY

Households

Total Households

1,757,164+1.7% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.730.0% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 4,838,303

4.8Mresidents

Under 181,253,07125.9%

Adults 18–643,018,08462.4%

65 & Over567,14811.7%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

1,253,071+0.8% YoY

Population 65 & Over

567,148+4.4% YoY

Median Age

34.60+0.6% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.5%

Moved (within US)13.3%

Other1.2%

Veterans

4.2%-4.5% YoY

County Economy

County median household income is $75K, 16.3% of residents are below the poverty level, 12.9% work from home.

Income

Median Household Income

$75K+2.6% YoY

Per-Capita Income

$41K+2.6% YoY

Mean Household Income

$111K+2.4% YoY

Poverty

Below Poverty Level

16.3%+2.5% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone70.3%

Public transit2.0%

Worked from home12.9%

Other14.8%

Worked From Home

12.9%+13.2% YoY

Mean Commute

29.000.0% YoY

Done with 77240? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Houston, TX · 77240

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $75K, +2.6% YoY (county); renters hold 45.3% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Median Listing Price

Population

1,757,164

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 1,917,790

1.9Munits

Occupied1,757,16491.6%

Vacant160,6268.4%

2024 Tenure ⓘ

U.S. Census ACS · n = 1,757,164

1.8Moccupied

Owner961,43754.7%

Renter795,72745.3%

Renter Share

45.3%+0.1% YoY

Total Housing Units

1,917,790+1.8% YoY

FY2026 Fair Market Rent

CountyHarris County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,280

/month

1 BR

$1,323

/month

2 BR

$1,573

/month

3 BR

$2,116

/month

4 BR

$2,639

/month

FMR trends · Harris County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 1.7% to 4,838,303: residents under 18 are up 0.8% and those 65 and over are up 4.4%.

Median Age

34.62024

Population

Harris County Population

5,009,302+2.2% YoY

Households

Total Households

1,757,164+1.7% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.730.0% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 4,838,303

4.8Mresidents

Under 181,253,07125.9%

Adults 18–643,018,08462.4%

65 & Over567,14811.7%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

1,253,071+0.8% YoY

Population 65 & Over

567,148+4.4% YoY

Median Age

34.60+0.6% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.5%

Moved (within US)13.3%

Other1.2%

Veterans

4.2%-4.5% YoY

County Economy

County median household income is $75K, 16.3% of residents are below the poverty level, 12.9% work from home.

Income

Median Household Income

$75K+2.6% YoY

Per-Capita Income

$41K+2.6% YoY

Mean Household Income

$111K+2.4% YoY

Poverty

Below Poverty Level

16.3%+2.5% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone70.3%

Public transit2.0%

Worked from home12.9%

Other14.8%

Worked From Home

12.9%+13.2% YoY

Mean Commute

29.000.0% YoY

Done with 77240? Put it next to another market.