Montgomery County

Texas ยท Pop. 646,538

Ranked #54 of 200 counties

50Moderate

Median Home Price

๐Ÿ 

$350K

3.2% YoY

Median Rent

๐Ÿ”‘

$1,500

Median Income

๐Ÿ’ฐ

$80K

Rent Burden

๐Ÿ“Š

25.8%

% of income to rent

Housing Shortage

๐Ÿ—๏ธ

18,000

estimated unit deficit

Building Permits (2024)

๐Ÿ“‹

7,800

Price-to-Income Ratio

โš–๏ธ

4.4x

Homeownership Rate

๐Ÿก

72.5%

How Montgomery County Compares

MetricMontgomery CountyTexasNational
Home Price$350K$297K$410K
Rent$1,500$1,413$1,500
Income$80K$76K$75K
Rent Burden25.8%32.0%30.0%
Homeownership72.5%63.0%65.0%

Key Takeaways

  • โ€ข Home prices are 15% below the national average.
  • โ€ข Rent is about average the national average.
  • โ€ข The county has an estimated housing shortage of 18,000 units.
  • โ€ข 7,800 building permits were issued in 2024.
  • โ€ข Year-over-year home prices changed by 3.2%.