Housing market/Texas/ZIP 77505

ACS 2023 · FY2027 SAFMR

ZIP 77505 Pasadena, 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
23,686
Households
8,340
Median HH income
$94,643
Renter share
31.4%
Median gross rent
$1,522
Vacancy
5.4%
Pop. change
-1.4%
2BR SAFMR
$1,650
SAFMR / rent
1.084×
2–49 unit stock
1,511
LIHTC proj / units
1 / 698
HUD assisted MF
1 / 14

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 77505 · TX — sent to you.

ZIP 77505 · TX

ACS median rent$1,522
2BR SAFMR$1,650
90% floor$1,485
110% ceiling$1,815

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

Housing stock

ACS 2023 units-in-structure · ZCTA 77505

  • 1-unit detached6,12269.5%
  • 1-unit attached1201.4%
  • 2–4 units2102.4%
  • 5–49 units1,30114.8%
  • 50+ units7999.1%
  • Mobile2542.9%
TypeUnitsShare
1-unit detached6,12269.4%
1-unit attached1201.4%
2 units (duplex)590.7%
3–4 units1511.7%
5–9 units4935.6%
10–19 units4475.1%
20–49 units3614.1%
50+ units7999.1%
Mobile2542.9%

2–4 unit share 2.4% · 5–49 unit share 14.8% · combined 2–49 17.1%.

Units by bedrooms

Studio
230
1BR
1,033
2BR
1,434
3BR
3,792
4BR
1,840
5+
488

Rent burden

Rent ≥30% of income48.5%
Rent ≥50% of income22.5%
  • ACS median gross rent $1,522 (all bedrooms, occupied rentals).
  • Median contract rent $1,268.
  • Renters paying ≥30% of income 48.5%; ≥50% 22.5%.
  • FY2027 2BR SAFMR $1,650 (1.084× ACS median gross rent).

Population

23,686 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -1.4%.

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

Assisted inventory

  • LIHTC: 1 projects, 698 units.
  • HUD project-based assisted MF: 1 properties, 14 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 77505 31.4% of occupied households are renters; vacancy is 5.4%; ACS median gross rent is $1,522; population changed -1.4% between the 2018 and 2023 ACS vintages; the housing stock includes 210 units in 2–4-unit structures and 1,301 units in 5–49-unit structures; 1 LIHTC projects totaling 698 units; FY2027 2BR SAFMR is $1,650 versus ACS median gross rent of $1,522. 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 77505 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 77505?

ZIP 77505 (Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area) has 23,686 residents, 8,340 households, a renter share of 31.4%, median household income of $94,643, and ACS 2023 median gross rent of $1,522. Vacancy is 5.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 77505?

ACS counts 59 units in 2-unit buildings, 151 in 3–4 unit buildings, 493 in 5–9, 447 in 10–19, and 361 in 20–49. Combined 2–49 unit stock is 1,511 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 77505?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,650. See the full schedule and 90–110% payment-standard band on the ZIP 77505 — Pasadena, TX HUD Section 8 Payment Standards / SAFMR.

Does this Texas ZIP profile include Georgia listings?

No. ZIP 77505 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.