US5.com
  1. Home
  2. States
  3. Texas
  4. ZIP 77038
  5. Housing & Real Estate
Houston city, TX

ZIP 77038 — 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 77038

Median Home Value
$173,500
Median Rent
$1,078
Affordability Snapshot
$48,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,115/mo PITI).

26%
Rent-to-Income Ratio

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

3.4x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

13.4 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 77038 in Houston city, TX, a household would need roughly $48,000 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 $1,115. That is roughly in line with the local median household income ($50,655). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
57.3%-12% vs US avg
x
Vacancy Rate
3.8%-63% vs US avg
x
Broadband Access
87.1%+0% vs US avg
x
4+ Bedrooms
1.8%-88% vs US avg
x
Built Pre-1939
0.8%-94% vs US avg
x
Built Post-2014
0.1%-98% vs US avg
x
Rent Burden >30%
33.0%-34% vs US avg
x
Mortgage-Free
50.5%+32% vs US avg
x
$173,500
Home Value
$1,078
Rent
1987
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached62.3%
  • 1-unit attached3.3%
  • 2-9 units10.1%
  • 10+ units14.7%
  • Mobile home & other9.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$173,500
Median rent$1,078
Owner-occupied57.3%
Vacant3.8%
Price-to-income3.4x
Est. income to buy$48,000