RENT OR BUY

Rent or buy in Houston, TX?

Typical rent against typical home prices across Houston, and where each is heading.

Renting in Houston costs about $1,880 a month, and the typical home is listed at $347,000. That puts the price-to-rent ratio at 15.4: a typical home costs as much as 15.4 years of rent.

Houston now and in 2031

Houston, TX: typical rent and list price, now and projected for 2031
Now2031 (projected)
Typical asking rent$1,880/mo$1,875/mo
Typical list price$347,000$424,000
Price-to-rent ratio15.4—

Rent is projected at -0.1% a year, the trend in RentCast's median rents for these ZIP codes since mid-2024. For home values: The first 2 years follow this year's change in list prices (+1.1%); later years use the Federal Housing Finance Agency's house price index average for these ZIP codes from 2020 to 2025 (+6.1% a year). These are trends carried forward, not predictions of the next market turn.

How to read the price-to-rent ratio

The ratio divides the typical list price by a year of typical rent. A higher ratio means buying is expensive relative to renting; a lower one means monthly rent is high compared with what a home costs. It's a quick way to compare cities, not a verdict for your situation.

By ZIP code

Houston, TX: RentCast medians for the ZIP codes in this sample
ZIPMedian rentRental listingsMedian list priceSale listings
77084$1,900/mo576$289,000529
77036$1,350/mo200$119,000206
77077$1,950/mo330$399,000338
77072$1,650/mo229$180,000227
77082$1,599/mo339$290,000272
77089$1,850/mo154$279,500210
77088$1,800/mo347$269,999465
77081$1,325/mo53$399,90044
77099$1,450/mo175$185,000167
77080$2,350/mo247$420,000302
77093$1,400/mo102$225,000156
77057$1,350/mo579$240,000422
77007$2,550/mo786$540,000639
77060$1,258/mo42$247,00060
77055$2,200/mo306$649,900375

What this doesn't account for

Mortgage rates, your down payment, property taxes, insurance, HOA fees, maintenance, and how long you'll stay decide more than any city-wide figure. These are area numbers built from active listings; they don't know the specific home or your finances.

Source: RentCast market data for 15 of Houston's 73 ZIP codes (the most populous, home to 36% of residents in the city's ZIP codes, per the Census Bureau's ACS 2023). A ZIP counts only with at least 20 active listings. Retrieved October 14, 2026. Figures are listing-weighted averages of ZIP medians, not an appraisal. How Predictye calculates this.

Frequently asked questions

How much is rent in Houston, TX?

Typical asking rent is $1,880 a month, across 4,465 active rental listings in 15 ZIP codes.

How much do homes cost in Houston, TX?

The typical list price is $347,000, across 4,412 active sale listings in 15 ZIP codes. List prices are asking prices, not final sale prices.

What is the price-to-rent ratio in Houston, TX?

About 15.4: the typical list price equals 15.4 years of typical rent. The higher the ratio, the more buying costs relative to renting.

Forecast a specific ZIP's home values