Montgomery County
Texas ยท Pop. 646,538
Ranked #54 of 200 counties
50Moderate
Median Home Price
๐$350K
3.2% YoY
Median Rent
๐$1,500
Median Income
๐ฐ$80K
Rent Burden
๐25.8%
% of income to rent
Housing Shortage
๐๏ธ18,000
estimated unit deficit
Building Permits (2024)
๐7,800
Price-to-Income Ratio
โ๏ธ4.4x
Homeownership Rate
๐ก72.5%
How Montgomery County Compares
| Metric | Montgomery County | Texas | National |
|---|---|---|---|
| Home Price | $350K | $297K | $410K |
| Rent | $1,500 | $1,413 | $1,500 |
| Income | $80K | $76K | $75K |
| Rent Burden | 25.8% | 32.0% | 30.0% |
| Homeownership | 72.5% | 63.0% | 65.0% |
Key Takeaways
- โข Home prices are 15% below the national average.
- โข Rent is about average the national average.
- โข The county has an estimated housing shortage of 18,000 units.
- โข 7,800 building permits were issued in 2024.
- โข Year-over-year home prices changed by 3.2%.