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Affordable
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These days, finding an affordable place to live in the 77531 area can be challenging. Home prices in 77531 are now at a median cost of $260,918, lower than the Texas average of $322,096.
The average cost of rent is $1,281/mo in 77531, primarily driven by the current value of real estate in the 77531 area. In 77531, 46.11% of households rent, and 46.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 77531 is $7,141 per month. Households that rent pay about 17.93% of their income on rent here. 77531’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern 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
- 77566, TX: equally priced homes
- 77541, TX: less expensive homes
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- 77480, TX: less expensive homes
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- 77482, TX: less expensive homes
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- 77414, TX: less expensive homes
Zip Codes with Similar Populations
- 26330, WV: equally priced homes
- 55391, MN: higher priced homes
- 03106, NH: higher priced homes
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- 06385, CT: higher priced homes
- 07005, NJ: higher priced homes
- 13662, NY: less expensive homes
- 60070, IL: higher priced homes
- 20024, DC: higher priced homes
- 15904, PA: less expensive homes
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