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These days, finding an affordable place to live in the 77031 area can be challenging. Home prices in 77031 are now at a median cost of $234,510, lower than the Texas average of $322,096.
The average cost of rent is $1,617/mo in 77031, primarily driven by the current value of real estate in the 77031 area. In 77031, 53.70% of households rent, and 48.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 77031 is $5,076 per month. Households that rent pay about 31.86% of their income on rent here. 77031’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 77071, TX: higher priced homes
- 77099, TX: less expensive homes
- 77074, TX: equally priced homes
- 77036, TX: equally priced homes
- 77477, TX: higher priced homes
- 77035, TX: higher priced homes
- 77096, TX: higher priced homes
- 77072, TX: less expensive homes
- 77085, TX: less expensive homes
- 77489, TX: equally priced homes
Zip Codes with Similar Populations
- 99611, AK: higher priced homes
- 37874, TN: equally priced homes
- 31216, GA: equally priced homes
- 77531, TX: higher priced homes
- 80903, CO: higher priced homes
- 29369, SC: higher priced homes
- 26104, WV: less expensive homes
- 20613, MD: higher priced homes
- 18969, PA: higher priced homes
- 17517, PA: higher priced homes
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