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Houston city, TX

ZIP 77002 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 77002

Median Home Value
$286,100
Median Rent
$1,786
Affordability Snapshot
$79,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,838/mo PITI).

25%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.3x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

13.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 77002 in Houston city, TX, a household would need roughly $79,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,838. That is roughly in line with the local median household income ($85,436). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 22% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
9.3%-86% vs US avg
x
Vacancy Rate
21.6%+110% vs US avg
x
Broadband Access
90.3%+4% vs US avg
x
4+ Bedrooms
0.2%-99% vs US avg
x
Built Pre-1939
1.7%-86% vs US avg
x
Built Post-2014
2.2%-68% vs US avg
x
Rent Burden >30%
13.9%-72% vs US avg
x
Mortgage-Free
45.7%+20% vs US avg
x
$286,100
Home Value
$1,786
Rent
2010
Year Built
2020
Moved In

Residents have lived here since ~2020 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached1.8%
  • 1-unit attached1.2%
  • 2-9 units4.7%
  • 10+ units92.3%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$286,100
Median rent$1,786
Owner-occupied9.3%
Vacant21.6%
Price-to-income3.3x
Est. income to buy$79,000