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Houston city, TX

ZIP 77016 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 77016

Median Home Value
$111,900
Median Rent
$906
Affordability Snapshot
$31,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$719/mo PITI).

23%
Rent-to-Income Ratio

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

2.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

10.3 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 77016 in Houston city, TX, a household would need roughly $31,000 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 $719. That sits below the local median household income ($46,411), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
62.0%-5% vs US avg
x
Vacancy Rate
11.9%+16% vs US avg
x
Broadband Access
86.8%-0% vs US avg
x
4+ Bedrooms
4.1%-72% vs US avg
x
Built Pre-1939
6.3%-51% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
31.1%-37% vs US avg
x
Mortgage-Free
71.2%+86% vs US avg
x
$111,900
Home Value
$906
Rent
1966
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached82.6%
  • 1-unit attached1.5%
  • 2-9 units8.9%
  • 10+ units4.1%
  • Mobile home & other2.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$111,900
Median rent$906
Owner-occupied62.0%
Vacant11.9%
Price-to-income2.4x
Est. income to buy$31,000