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Housing market/Texas/ZIP 77429

ACS 2023 · FY2027 SAFMR

ZIP 77429 Cypress, 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
95,938
Households
32,248
Median HH income
$117,931
Renter share
17.9%
Median gross rent
$1,684
Vacancy
2.7%
Pop. change
+8.6%
2BR SAFMR
$1,820
SAFMR / rent
1.081×
2–49 unit stock
2,721
LIHTC proj / units
—
HUD assisted MF
2 / 138

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 77429 · TX — sent to you.

ZIP 77429 · TX

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ACS rent vs 2BR SAFMR

ZIP 77429 — Cypress, TX HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,684
2BR SAFMR$1,820
90% floor$1,638
110% ceiling$2,002

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

Housing stock

ACS 2023 units-in-structure · ZCTA 77429

  • 1-unit detached27,94784.7%
  • 1-unit attached3881.2%
  • 2–4 units3771.1%
  • 5–49 units2,3447.1%
  • 50+ units1,2563.8%
  • Mobile6982.1%
TypeUnitsShare
1-unit detached27,94784.3%
1-unit attached3881.2%
2 units (duplex)350.1%
3–4 units3421.0%
5–9 units6812.1%
10–19 units9092.7%
20–49 units7542.3%
50+ units1,2563.8%
Mobile6982.1%

2–4 unit share 1.1% · 5–49 unit share 7.1% · combined 2–49 8.2%.

Units by bedrooms

Studio
209
1BR
1,593
2BR
2,969
3BR
9,941
4BR
14,442
5+
3,983

Rent burden

Rent ≥30% of income50.3%
Rent ≥50% of income16.8%
  • ACS median gross rent $1,684 (all bedrooms, occupied rentals).
  • Median contract rent $1,505.
  • Renters paying ≥30% of income 50.3%; ≥50% 16.8%.
  • FY2027 2BR SAFMR $1,820 (1.081× ACS median gross rent).

Population

95,938 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +8.6%.

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: 2 properties, 138 assisted units.
  • 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 77429 17.9% of occupied households are renters; vacancy is 2.7%; ACS median gross rent is $1,684; population increased +8.6% between the 2018 and 2023 ACS vintages; the housing stock includes 377 units in 2–4-unit structures and 2,344 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,820 versus ACS median gross rent of $1,684. 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 77429 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 77429 — Cypress, 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 77429?

ZIP 77429 (Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area) has 95,938 residents, 32,248 households, a renter share of 17.9%, median household income of $117,931, and ACS 2023 median gross rent of $1,684. Vacancy is 2.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 77429?

ACS counts 35 units in 2-unit buildings, 342 in 3–4 unit buildings, 681 in 5–9, 909 in 10–19, and 754 in 20–49. Combined 2–49 unit stock is 2,721 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 77429?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,820. See the full schedule and 90–110% payment-standard band on the ZIP 77429 — Cypress, TX HUD Section 8 Payment Standards / SAFMR.

Does this Texas ZIP profile include Georgia listings?

No. ZIP 77429 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.