ZIP Code · TX

ZIP 77023

Part of Houston, TX
Pop. 24,281·Harris County·510th most expensive ZIP in Texas
Median rent (all units)
$1,375/mo
Year-over-Year
+6.3%
Month-over-Month
+4.6%
vs US Median
-$590
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 77023 · $1,375
More affordable than 82% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,000
1 BR
$1,030
2 BR
$1,230
3 BR
$1,650
4 BR+
$2,060
Research median
$1,230/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: July 20, 2026

Annual cost
$16,500/yr
At $1,375/mo median
Location
StateTX
CountyHarris County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 6.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+6.3% YoY, +4.6% MoM), not inventory.
Demographics

Who lives here

ZIP 77023 (Houston, TX) is roughly split between renters and owners, has a median income below the national average, 24.5% of residents hold a bachelor's degree or higher.

Population
24,281
Median income
$51,430
Median age
37
Renters
51.9%
Age distribution
20.5%
26.3%
27.6%
14.5%
Under 1820.5%
18–3426.3%
35–5427.6%
55–6411.1%
65+14.5%
Gender
51.8%
48.2%
Male51.8%
Female48.2%
Race & ethnicity
30.1%
77.3%
White30.1%
Black4.7%
Hispanic77.3%
Asian1.8%
Education (25+)
25.7%
30.6%
19.2%
24.5%
No HS diploma25.7%
HS diploma30.6%
Some college19.2%
Bachelor's+24.5%
Housing tenure
48.1%
51.9%
Owner48.1%
Renter51.9%

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

2021 vs 2026

How ZIP 77023 in Houston, TX has changed in 5 years

Rent
$1,014 → $1,375
up 35.6%
Income
$41,873 → $51,430
up 22.8%
Population
27,676 → 24,281
down 12.3%
Renter share
54.3% → 51.9%
-2.4 pts
Bachelor's+
22.2% → 24.5%
+2.3 pts
Median age
34.3 → 37
+2.7 yrs

Rent in ZIP 77023 in Houston, TX has increased 35.6% since 2021, going from about $1,014 per month to roughly $1,375 today. Census figures show median household income at $51,430 today, compared with $41,873 five years earlier. Rent outpaced income growth by roughly 12.8 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 27,676 to 24,281 between 2021 and 2024, a 12.3% change. About 51.9% of households rent today, against 54.3% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 22.2% to 24.5%. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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Local insights

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About renting in ZIP 77023

Last updated: July 20, 2026

ZIP code 77023 covers Houston, TX. The median rent here is $1,375/mo as of July 2026. A 1-bedroom rents for a median of $1,030/mo. A 2-bedroom rents for a median of $1,230/mo.

At 32% of local median household income ($51,430/yr), ZIP 77023 ranks as moderate compared to the national benchmark of 30%. Rents have increased 6.3% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 77023?

As of July 20, 2026, the median monthly rent in ZIP 77023 (Houston, TX) is $1,375. This is based on aggregated data from public sources and community submissions.

How does ZIP 77023 rent compare to the US average?

ZIP 77023's median rent of $1,375/mo is $590 (30%) below the US national median of $1,965/mo.

How does ZIP 77023 compare to other ZIPs in Texas?

ZIP 77023 is among the more affordable ZIP codes in Texas, ranking #510 out of 689 ZIPs at $1,375/mo.

How much income do you need to rent in ZIP 77023?

To keep rent at or below 30% of gross income, you would need to earn at least $55,000/year (~$26/hour full-time) to afford the median rent of $1,375/mo in ZIP 77023. The local median household income is $51,430/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 77023?

Rent in ZIP 77023 has increased 6.3% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 77023 an affordable place to rent?

ZIP 77023 is considered moderate for renters. At $1,375/mo, rent takes approximately 32% of the local median household income ($51,430/yr). The standard benchmark is 30%. ZIP 77023 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 77023 residents rent vs. own?

According to Census data, approximately 51.9% of ZIP 77023 households are renters, while 48.1% are owner-occupied. With a majority renter population, ZIP 77023 has a strong rental market.

How does ZIP 77023 compare to the rest of Houston?

ZIP 77023 is more affordable than Houston overall. At $1,375/mo, it's $192 below the Houston citywide median of $1,567/mo.

When was rent data for ZIP 77023 last updated?

Rent data for ZIP 77023 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
32%
MODERATE

At $1,375/mo, rent takes ~32% of ZIP 77023's median household income ($51,430/yr). The standard benchmark is 30%.

ZIP 77023 32%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 77023 (Houston, TX)

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