Housing market/Texas/ZIP 77062

ACS 2023 · FY2027 SAFMR

ZIP 77062 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
24,892
Households
9,677
Median HH income
$105,824
Renter share
25.0%
Median gross rent
$1,376
Vacancy
4.7%
Pop. change
-5.6%
2BR SAFMR
$1,460
SAFMR / rent
1.061×
2–49 unit stock
1,563
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 77062 · TX — sent to you.

ZIP 77062 · TX

ACS median rent$1,376
2BR SAFMR$1,460
90% floor$1,314
110% ceiling$1,606

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

Housing stock

ACS 2023 units-in-structure · ZCTA 77062

  • 1-unit detached7,99978.9%
  • 1-unit attached2972.9%
  • 2–4 units3653.6%
  • 5–49 units1,19811.8%
  • 50+ units2742.7%
  • Mobile100.1%
TypeUnitsShare
1-unit detached7,99978.8%
1-unit attached2972.9%
2 units (duplex)1341.3%
3–4 units2312.3%
5–9 units4444.4%
10–19 units7247.1%
20–49 units300.3%
50+ units2742.7%
Mobile100.1%

2–4 unit share 3.6% · 5–49 unit share 11.8% · combined 2–49 15.4%.

Units by bedrooms

Studio
34
1BR
768
2BR
1,334
3BR
3,061
4BR
4,570
5+
383

Rent burden

Rent ≥30% of income34.6%
Rent ≥50% of income18.0%
  • ACS median gross rent $1,376 (all bedrooms, occupied rentals).
  • Median contract rent $1,230.
  • Renters paying ≥30% of income 34.6%; ≥50% 18.0%.
  • FY2027 2BR SAFMR $1,460 (1.061× ACS median gross rent).

Population

24,892 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -5.6%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • 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 77062 25.0% of occupied households are renters; vacancy is 4.7%; ACS median gross rent is $1,376; population changed -5.6% between the 2018 and 2023 ACS vintages; the housing stock includes 365 units in 2–4-unit structures and 1,198 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,460 versus ACS median gross rent of $1,376. 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 77062 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.

Nearby ZIPs in this FMR area

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 77062?

ZIP 77062 (Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area) has 24,892 residents, 9,677 households, a renter share of 25.0%, median household income of $105,824, and ACS 2023 median gross rent of $1,376. Vacancy is 4.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 77062?

ACS counts 134 units in 2-unit buildings, 231 in 3–4 unit buildings, 444 in 5–9, 724 in 10–19, and 30 in 20–49. Combined 2–49 unit stock is 1,563 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 77062?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,460. See the full schedule and 90–110% payment-standard band on the ZIP 77062 — Houston, TX HUD Section 8 Payment Standards / SAFMR.

Does this Texas ZIP profile include Georgia listings?

No. ZIP 77062 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.