Houston
Texas · Ranked #312 of 373 metros
48Moderate
💡
Housing in Houston costs 3.88× the median income, below the national average of 4.5×. The median home price is $308K and median rent is $1,433/month. Houston ranks #312 of 373 metros for affordability.
Median Home Price
🏠$308K
Need $92K income
Median Rent
🔑$1,433
Need $54K income
Housing Shortage
📉80,000
units needed
Building Permits
🔨48,000
annual
Median Income
💰$79K
Pop: 7,122,240
Rent Burden
⚠️33.0%
of renters paying >30%
Price Change (YoY)
📈+1.5%
Homeownership
🏡61.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Houston | National |
|---|---|---|
| Price-to-Income Ratio | 3.88x | 6.1x |
| Rent Burden | 33.0% | 31.5% |
| Homeownership Rate | 61.0% | 65.5% |
| YoY Price Change | +1.5% | +3.5% |
| YoY Rent Change | +0.8% | +2.8% |
| Mortgage Denial Rate | 14.8% | 13.5% |
| Eviction Rate | 5.8% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +45.8%Since 2000: +212.2%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$1,280/mo
1 Bedroom$1,323/mo
2 Bedroom$1,573/mo
3 Bedroom$2,116/mo
4 Bedroom$2,639/mo
Zillow Market Data
Home Value (ZHVI)
$305K
1yr: -2.1%5yr: +24.1%
Rent (ZORI)
$1,620/mo
1yr: -0.5%5yr: +20.0%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$330K
Active Inventory
26,968
Days on Market
82
Sold Above List
10.6%
Price Drops
33.8%