ZIP Code · TX

ZIP 77023

Part of Houston, TX

Pop. 24,281·Harris County·508th most expensive ZIP in Texas

Median rent (all units)

$1,369/mo

Year-over-Year

+2.3%

Month-over-Month

Stable

vs US Median

-$563

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 77023 · $1,369

More affordable than 82% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

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: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 77023 is 0% below its high of $1,369 in August 2026, at $1,369 as of September 2026.

Past year vs. the rest of Texas

Rent in ZIP 77023 changed +2.3% over the year to September 2026. Across the 629 Texas ZIP codes Zillow tracks, the typical change was +1.2%.

What a typical income covers

30% of the median household income ($51,430) is $1,286 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,230); a 3-bedroom is $1,650.

Rank in Houston

30th cheapest of 92 ZIP codes in Houston.

Cheaper nearby

ZIP 77061, 6 miles away, rents for 34% less ($899/mo), about $5,600 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 77023. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$16,428/yr

At $1,369/mo median

Location

CityHouston

StateTX

CountyHarris County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (2.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+2.3% YoY, +0.0% 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

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

$1,041 → $1,369

up 31.5%

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 31.5% since 2021, going from about $1,041 per month to roughly $1,369 today. Census figures show median household income at $51,430 today, compared with $41,873 five years earlier. Rent outpaced income growth by roughly 8.7 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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About renting in ZIP 77023

Last updated: October 17, 2026

ZIP code 77023 covers Houston, TX. The median rent here is $1,369/mo as of October 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 2.3% over the past year.

FAQ

Frequently asked questions

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 (about $26/hour full-time) to afford the median rent of $1,369/mo in ZIP 77023. The local median household income is $51,430/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 77023?

Rent in ZIP 77023 has risen 2.3% over the past year as of September 2026. It sits 0% below its high of $1,369 in August 2026.

How does ZIP 77023 compare to other ZIPs in Texas?

ZIP 77023 is one of the more affordable among Texas ZIP codes for rent, ranking #508 of 693 at $1,369/mo. Over the year to September 2026, rent in ZIP 77023 changed +2.3%, against a typical +1.2% across the 629 Texas ZIP codes Zillow tracks.