ZIP Code · TX

ZIP 77316

Part of Montgomery, TX

Pop. 34,694·Montgomery County·186th most expensive ZIP in Texas

Median rent (all units)

$1,802/mo

Year-over-Year

+0.6%

Month-over-Month

-0.6%

vs US Median

-$130

Reported rents

Falling (Monthly)

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Most AffordableMost Expensive

ZIP 77316 · $1,802

More affordable than 51% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,370

1 BR

$1,420

2 BR

$1,690

3 BR

$2,270

4 BR+

$2,830

Research median

$1,690/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 77316 is 0.6% below its high of $1,813 in August 2026, at $1,802 as of September 2026.

Past year vs. the rest of Texas

Rent in ZIP 77316 changed +0.6% over the year to September 2026. Across the 629 Texas ZIP codes Zillow tracks, the typical change was +1.2%.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($124,055) is $3,101 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($2,830).

From Zillow's monthly rent index (ZORI) for ZIP 77316. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$21,624/yr

At $1,802/mo median

Location

CityMontgomery

StateTX

CountyMontgomery County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+0.6% YoY, -0.6% MoM), not inventory.

Demographics

Who lives here

ZIP 77316 (Montgomery, TX) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 46.3% of residents hold a bachelor's degree or higher.

Population

34,694

Median income

$124,055

Median age

41.1

Renters

10.9%

Age distribution

26.7%

14.9%

29.1%

17.6%

Under 1826.7%

18–3414.9%

35–5429.1%

55–6411.7%

65+17.6%

Gender

49.2%

50.8%

Male49.2%

Female50.8%

Race & ethnicity

78.7%

15.3%

White78.7%

Black2.6%

Hispanic15.3%

Asian1.8%

Other1.6%

Education (25+)

20.6%

27.8%

46.3%

No HS diploma5.3%

HS diploma20.6%

Some college27.8%

Bachelor's+46.3%

Housing tenure

89.1%

Owner89.1%

Renter10.9%

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

2023 vs 2026

How ZIP 77316 in Montgomery, TX has changed in 5 years

Rent

$1,702 → $1,802

up 5.9%

Income

$112,917 → $124,055

up 9.9%

Population

29,191 → 34,694

up 18.9%

Renter share

10.4% → 10.9%

+0.5 pts

Bachelor's+

39.1% → 46.3%

+7.2 pts

Median age

41.7 → 41.1

-0.6 yrs

Across the past five years, the going rent in ZIP 77316 in Montgomery, TX has shifted from $1,702 to $1,802, up 5.9% since 2023. Household income in the area moved from $112,917 to $124,055 across the same window, up 9.9% versus 2021. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show ZIP 77316 in Montgomery, TX adding about 5,503 residents over the five-year window, up 18.9% on net. Bachelor's-degree-or-higher attainment moved from 39.1% to 46.3% across the same window. Reading these numbers side by side helps frame whether current listings in ZIP 77316 in Montgomery, TX look reasonable against where the market sat half a decade ago.

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About renting in ZIP 77316

Last updated: October 17, 2026

ZIP code 77316 covers Montgomery, TX. The median rent here is $1,802/mo as of October 2026. A 1-bedroom rents for a median of $1,420/mo. A 2-bedroom rents for a median of $1,690/mo.

At 17% of local median household income ($124,055/yr), ZIP 77316 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.6% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 77316?

To keep rent at or below 30% of gross income, you would need to earn at least $72,000/year (about $35/hour full-time) to afford the median rent of $1,802/mo in ZIP 77316. The local median household income is $124,055/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 77316?

Rent in ZIP 77316 has risen 0.6% over the past year as of September 2026. It sits 0.6% below its high of $1,813 in August 2026.

How does ZIP 77316 compare to other ZIPs in Texas?

ZIP 77316 is one of the pricier among Texas ZIP codes for rent, ranking #186 of 693 at $1,802/mo. Over the year to September 2026, rent in ZIP 77316 changed +0.6%, against a typical +1.2% across the 629 Texas ZIP codes Zillow tracks.