77002 renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in 77002 is about $1,609 per month. This puts it in the 93rd percentile compared to the state average cost of rent, which is $1,261. Households in 77002 have a median income of $6,745 per month so the average renter in 77002 is spending roughly 24% of their earnings on housing.
Nationally, and in 77002, home values are the data point most closely correlated with the cost of rent. The median price of a home in 77002 is $271,226 right now, which is lower than nearby zip codes, meaning that rents in 77002 also tend to be lower versus these nearby zip codes.
Higher rent prices are common in the northern parts of 77002 while lower rent rates are often available in northeastern areas.
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