Houston rents and rental comps

Name: Houston, TX rental market data
Creator: PropMetrics

The median asking rent across 22 Houston zip codes is $1,885/month, down 2.1% from a year ago.

Most affordable major metro in Texas and famously the city with no zoning. Your rental comp could be sandwiched between a strip mall, a church, and a bar. Neighborhood-level rent data matters more here than almost anywhere.

Median Asking Rent

$1,885

Rent Change (YoY)

-2.1%

Avg Days on Market

Active Rental Listings

7,745

Median List Price

$308,750

Median Asking Rent Over Time

Average across 22 zip codes

12 months-0.1%

Median Asking Rent by ZIP Code

Rental Listings by ZIP Code

ZIP	Median Rent	YoY Growth	$/Sqft	Avg DOM	Listings
77005	$3,500/mo	+32.1%	$1.95	58	80
77008	$2,700/mo	-1.1%	$1.74	62	440
77007	$2,186/mo	-1.7%	$1.78	68	974
77021	$2,000/mo	+5.3%	$1.33	82	327
77004	$1,994/mo	-5.8%	$1.47	86	627
77019	$1,958/mo	-2.1%	$1.80	104	320
77003	$1,950/mo	-4.9%	$2.07	60	334
77009	$1,908/mo	+3.1%	$1.84	54	469
77051	$1,875/mo	-3.8%	$1.31	78	263
77084	$1,840/mo	-0.9%	$1.28	72	674
77002	$1,800/mo	-5.1%	$2.30	153	303
77088	$1,800/mo	-2.7%	$1.23	66	279
77016	$1,750/mo	0.0%	$1.20	74	157
77033	$1,750/mo	+2.9%	$1.28	57	227
77025	$1,724/mo	-19.4%	$1.53	86	291
77098	$1,700/mo	-19.0%	$1.83	125	279
77006	$1,600/mo	-12.4%	$1.82	65	491
77030	$1,600/mo	-10.8%	$1.57	90	184
77035	$1,600/mo	+6.7%	$1.36	68	190
77093	$1,580/mo	-1.3%	$1.26	80	72
77054	$1,440/mo	+2.9%	$1.55	72	460
77036	$1,095/mo	-8.4%	$1.18	129	304

Comps for any address in Houston

Type the address, get the comps. No setup.

Median Asking Rent by Bedroom

Unit Size	Median Rent	$/Sqft
Studio	$1,090/mo	$2.03/sqft
1 Bedroom	$1,285/mo	$1.81/sqft
2 Bedroom	$1,725/mo	$1.48/sqft
3 Bedroom	$2,600/mo	$1.38/sqft
4 Bedroom	$3,100/mo	$1.48/sqft

Aggregated median across all Houston zip codes with available data.

For-Sale Listings by ZIP Code

ZIP	Median List Price	YoY Change	$/Sqft
77005	$1,695,000	+6.0%	$499.62
77098	$899,000	+9.0%	$373.79
77019	$775,000	+4.7%	$302.55
77006	$679,000	-9.3%	$282.17
77008	$635,000	+2.6%	$278.01
77007	$529,990	-5.2%	$240.98
77009	$439,990	-8.1%	$261.94
77025	$424,951	-5.6%	$207.00
77003	$400,000	0.0%	$214.22
77004	$399,999	-5.9%	$210.28
77030	$319,000	+22.7%	$218.69
77084	$298,500	-0.5%	$142.21
77051	$280,000	-6.6%	$168.32
77002	$279,000	-7.0%	$226.85
77021	$279,000	-12.0%	$173.91
77035	$275,000	+6.2%	$162.15
77088	$275,000	+3.8%	$155.57
77016	$228,899	-6.6%	$153.20
77093	$220,000	-2.2%	$159.93
77033	$195,000	+2.7%	$150.04
77054	$139,500	-6.4%	$138.19
77036	$116,000	-25.2%	$109.74

HUD Fair Market Rents

Unit Size	Fair Market Rent	Median Asking Rent	Difference
Studio	$1,920/mo	$1,090/mo	-43%
1 Bedroom	$1,980/mo	$1,285/mo	-35%
2 Bedroom	$2,360/mo	$1,725/mo	-27%
3 Bedroom	$3,170/mo	$2,600/mo	-18%
4 Bedroom	$3,960/mo	$3,100/mo	-22%

HUD publishes Fair Market Rents once a year for the Houston metro area. Local housing authorities use them to set Section 8 voucher payment standards, usually 90% to 110% of the FMR.

About the Houston rental market

The median asking rent across Houston, TX sits at $1,885/month, pulled from active rental listings in 22 zip codes. That's down 2.1% from a year ago.

Rents aren't uniform across the city. ZIP 77005 tops the list at $3,500/month. ZIP 77036 comes in lowest at $1,095/month. That's a 220% spread between the top and bottom zip codes, which is wide. City-wide averages won't tell you much about a specific property here.

A 2-bedroom rents for $1,725/month at the median. 1-bedrooms run about $1,285. 3-bedrooms come in around $2,600.

Listings take longer here. The average is 81 days on market, which gives renters more room to negotiate and means landlords should price carefully.

Gross rent-to-value lands around 7.3% ($1,885/month rent on a $308,750 median price). Middle of the pack for cash-flow markets.

HUD's Fair Market Rent for a 2-bedroom in the Houston metro is $2,360/month. Asking rents come in about 20% below the federal benchmark, which can make Section 8 properties competitive here.

Houston is huge, affordable, and the only major US city without zoning. That matters for landlords because your rental could be next to almost anything. The economy has diversified well beyond oil. The Texas Medical Center is the largest in the world, and the port drives serious logistics employment. What makes Houston tricky is its sheer size. A property in the Heights and a property in Katy are both "Houston" but completely different markets. Flood zone exposure is real. Insurance in certain areas can eat through cash flow fast, so underwrite the full cost, not just the rent.

These numbers are city-wide averages. If you're pricing a specific property in Houston, pull comps from the same zip code. The spread is usually bigger than people expect.