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Housing market/Texas/ZIP 77042

ACS 2023 · FY2027 SAFMR

ZIP 77042 Houston, Texas

Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area · Texas. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
40,725
Households
19,095
Median HH income
$57,745
Renter share
74.4%
Median gross rent
$1,287
Vacancy
10.2%
Pop. change
-4.2%
2BR SAFMR
$1,590
SAFMR / rent
1.235×
2–49 unit stock
10,887
LIHTC proj / units
1 / 153
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 77042 · TX — sent to you.

ZIP 77042 · TX

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ACS rent vs 2BR SAFMR

ZIP 77042 — Houston, TX HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,287
2BR SAFMR$1,590
90% floor$1,431
110% ceiling$1,749

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 77042

  • 1-unit detached3,86918.2%
  • 1-unit attached8894.2%
  • 2–4 units2,39211.3%
  • 5–49 units8,49540.0%
  • 50+ units5,51225.9%
  • Mobile950.4%
TypeUnitsShare
1-unit detached3,86918.2%
1-unit attached8894.2%
2 units (duplex)1,0374.9%
3–4 units1,3556.4%
5–9 units2,59312.2%
10–19 units3,43216.1%
20–49 units2,47011.6%
50+ units5,51225.9%
Mobile950.4%

2–4 unit share 11.3% · 5–49 unit share 40.0% · combined 2–49 51.2%.

Units by bedrooms

Studio
1,410
1BR
7,587
2BR
7,356
3BR
2,263
4BR
2,146
5+
490

Rent burden

Rent ≥30% of income47.8%
Rent ≥50% of income24.9%
  • ACS median gross rent $1,287 (all bedrooms, occupied rentals).
  • Median contract rent $1,148.
  • Renters paying ≥30% of income 47.8%; ≥50% 24.9%.
  • FY2027 2BR SAFMR $1,590 (1.235× ACS median gross rent).

Population

40,725 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -4.2%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 1 projects, 153 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 11,737 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 77042 74.4% of occupied households are renters; vacancy is 10.2%; ACS median gross rent is $1,287; population changed -4.2% between the 2018 and 2023 ACS vintages; the housing stock includes 2,392 units in 2–4-unit structures and 8,495 units in 5–49-unit structures; 1 LIHTC projects totaling 153 units; FY2027 2BR SAFMR is $1,590 versus ACS median gross rent of $1,287. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Texas research

ZIP 77042 is a Census / HUD profile for Houston-The Woodlands-Sugar Land, TX. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 77042 — Houston, TX HUD Section 8 Payment Standards / SAFMR·Texas ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
77001Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area——$1,47077002Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area90.7%$1,860$2,25077003Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area54.8%$1,562$1,76077004Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area62.3%$1,320$1,48077005Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area27.6%$2,058$2,23077006Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area65.1%$1,761$2,25077007Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area54.0%$1,951$2,25077008Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area41.0%$1,567$1,81077009Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area41.3%$1,229$1,34077010Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area100.0%$3,269$2,25077011Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area48.8%$1,063$1,13077012Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area58.5%$944$1,020

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Texas research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 77042?

ZIP 77042 (Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area) has 40,725 residents, 19,095 households, a renter share of 74.4%, median household income of $57,745, and ACS 2023 median gross rent of $1,287. Vacancy is 10.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 77042?

ACS counts 1,037 units in 2-unit buildings, 1,355 in 3–4 unit buildings, 2,593 in 5–9, 3,432 in 10–19, and 2,470 in 20–49. Combined 2–49 unit stock is 10,887 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 77042?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,590. See the full schedule and 90–110% payment-standard band on the ZIP 77042 — Houston, TX HUD Section 8 Payment Standards / SAFMR.

Does this Texas ZIP profile include Georgia listings?

No. ZIP 77042 is Census / HUD research for Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area. Jeff Crowe CRE does not list Texas property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.