ZIP Code · TX

ZIP 77016

Part of Houston, TX

Pop. 29,841·Harris County·278th most expensive ZIP in Texas

Median rent (all units)

$1,671/mo

Year-over-Year

-4.6%

Month-over-Month

-1.6%

vs US Median

-$261

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 77016 · $1,671

More affordable than 60% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,070

1 BR

$1,110

2 BR

$1,320

3 BR

$1,780

4 BR+

$2,210

Research median

$1,320/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 77016 is 5.2% below its high of $1,762 in October 2025, at $1,671 as of September 2026.

Past year vs. the rest of Texas

Rent in ZIP 77016 changed -4.6% over the year to September 2026. Across the 629 Texas ZIP codes Zillow tracks, the typical change was +1.2%.

Recent direction

Rent has fallen 4 months in a row, and rose in 4 of the last 12 months.

What a typical income covers

30% of the median household income ($47,677) is $1,192 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,110); a 2-bedroom is $1,320.

Rank in Houston

60th cheapest of 92 ZIP codes in Houston.

Cheaper nearby

ZIP 77093, 2 miles away, rents for 19% less ($1,348/mo), about $3,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 77016. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$20,052/yr

At $1,671/mo median

Location

CityHouston

StateTX

CountyHarris County

Rent Market Meter

Strong Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are down 4.6% year-over-year. Push hard on price, concessions, and lease terms.

Based on rent-price momentum (-4.6% YoY, -1.6% MoM), not inventory.

Demographics

Who lives here

ZIP 77016 (Houston, TX) is majority owner-occupied, has a large share of families with children, has a median income below the national average, 11.9% of residents hold a bachelor's degree or higher.

Population

29,841

Median income

$47,677

Median age

36.8

Renters

38.8%

Age distribution

26.5%

21.3%

25.2%

16%

Under 1826.5%

18–3421.3%

35–5425.2%

55–6411%

65+16%

Gender

46.2%

53.8%

Male46.2%

Female53.8%

Race & ethnicity

52.3%

45.9%

White4.6%

Black52.3%

Hispanic45.9%

Asian0.6%

Education (25+)

24.9%

34.8%

28.4%

No HS diploma24.9%

HS diploma34.8%

Some college28.4%

Bachelor's+11.9%

Housing tenure

61.2%

38.8%

Owner61.2%

Renter38.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2023 vs 2026

How ZIP 77016 in Houston, TX has changed in 5 years

Rent

$1,636 → $1,671

up 2.1%

Income

$39,266 → $47,677

up 21.4%

Population

30,252 → 29,841

down 1.4%

Renter share

37.9% → 38.8%

+0.9 pts

Bachelor's+

9.5% → 11.9%

+2.4 pts

Rent in ZIP 77016 in Houston, TX has increased 2.1% since 2023, going from about $1,636 per month to roughly $1,671 today. On the earnings side, the typical household in ZIP 77016 in Houston, TX now reports about $47,677, up from $39,266 in 2021. Income growth outran rent by about 19.3 percentage points, easing the affordability math somewhat compared with 2021. Headcount in the area went from 30,252 to 29,841 between 2021 and 2024, a 1.4% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 9.5% to 11.9%. For context, the 2023 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 77016 in Houston, TX reflects that arc in its own way.

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About renting in ZIP 77016

Last updated: October 17, 2026

ZIP code 77016 covers Houston, TX. The median rent here is $1,671/mo as of October 2026. A 1-bedroom rents for a median of $1,110/mo. A 2-bedroom rents for a median of $1,320/mo.

At 42% of local median household income ($47,677/yr), ZIP 77016 ranks as moderate compared to the national benchmark of 30%. Rents have decreased 4.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 77016?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (about $32/hour full-time) to afford the median rent of $1,671/mo in ZIP 77016. The local median household income is $47,677/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 77016?

Rent in ZIP 77016 has fallen 4.6% over the past year as of September 2026. It sits 5.2% below its high of $1,762 in October 2025.

How does ZIP 77016 compare to other ZIPs in Texas?

ZIP 77016 is in the middle among Texas ZIP codes for rent, ranking #278 of 693 at $1,671/mo. Over the year to September 2026, rent in ZIP 77016 changed -4.6%, against a typical +1.2% across the 629 Texas ZIP codes Zillow tracks.