Houston
Texas · Ranked #50 of 102 metros
48Moderate
Median Home Price
🏠$320K
Need $92K income
Median Rent
🔑$1K
Need $54K income
Housing Shortage
📉80,000
units needed
Building Permits
🔨48,000
annual
Median Income
💰$66K
Pop: 7,122,240
Rent Burden
⚠️33.0%
of renters paying >30%
Price Change (YoY)
📈+1.5%
Homeownership
🏡58.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Houston | National |
|---|---|---|
| Price-to-Income Ratio | 4.9x | 6.1x |
| Rent Burden | 33.0% | 31.5% |
| Homeownership Rate | 58.0% | 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% |