Sugar Land, TX

Fort Bend County ยท Pop. 111,026

Ranked #86 of 243 cities

48Moderate

Median Home Price

๐Ÿ 

$380K

2.8% YoY

Median Rent

๐Ÿ”‘

$1,700

2.0% YoY

Median Income

๐Ÿ’ฐ

$100K

Rent Burden

๐Ÿ“Š

24.0%

% of income to rent

Income to Buy

๐Ÿฆ

$109K

annual income needed

Income to Rent

๐Ÿ“

$68K

annual income needed

Price-to-Income

โš–๏ธ

3.8x

Homeownership

๐Ÿก

80.0%

Rent vs. Buy

Buy

$2,023/mo

Est. mortgage (7%, 20% down)

Need $109K/yr income

Rent

$1,700/mo

Median rent

Need $68K/yr income

How Sugar Land Compares

MetricSugar LandTexasNational
Home Price$380K$297K$410K
Rent$1,700$1,413$1,500
Income$100K$76K$75K
Rent Burden24.0%32.0%30.0%

Key Takeaways

  • โ€ข Home prices in Sugar Land are 7% lower than the national average.
  • โ€ข Rent is 13% higher than the national average.
  • โ€ข You need an income of $109K to comfortably buy a home here.
  • โ€ข The homeownership rate is 80.0%, compared to 65.0% nationally.