ZIP Code · TX

ZIP 77355

Part of Magnolia, TX
Pop. 32,847·Montgomery County·113th most expensive ZIP in Texas
Median rent (all units)
$1,912/mo
Year-over-Year
Stable
Month-over-Month
+1.0%
vs US Median
-$20
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 77355 · $1,912
More expensive than 56% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,290
1 BR
$1,340
2 BR
$1,590
3 BR
$2,140
4 BR+
$2,670
Research median
$1,590/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

What a typical income covers

30% of the median household income ($102,066) is $2,552 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,140); a 4-bedroom is $2,670.

From Zillow's monthly rent index (ZORI) for ZIP 77355. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$22,944/yr
At $1,912/mo median
Location
StateTX
CountyMontgomery County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +1.0% MoM), not inventory.
Demographics

Who lives here

ZIP 77355 (Magnolia, TX) is majority owner-occupied, has a median income above the national average, 28.4% of residents hold a bachelor's degree or higher.

Population
32,847
Median income
$102,066
Median age
40.4
Renters
17.3%
Age distribution
23.1%
19.5%
27.8%
15.2%
14.4%
Under 1823.1%
18–3419.5%
35–5427.8%
55–6415.2%
65+14.4%
Gender
49.2%
50.8%
Male49.2%
Female50.8%
Race & ethnicity
72.6%
24.5%
White72.6%
Black1.7%
Hispanic24.5%
Asian0.6%
Other0.5%
Education (25+)
28.8%
34.8%
28.4%
No HS diploma8%
HS diploma28.8%
Some college34.8%
Bachelor's+28.4%
Housing tenure
82.7%
17.3%
Owner82.7%
Renter17.3%

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

2021 vs 2026

How ZIP 77355 in Magnolia, TX has changed in 5 years

Income
$97,440 → $102,066
up 4.7%
Population
31,164 → 32,847
up 5.4%
Renter share
13.9% → 17.3%
+3.4 pts
Bachelor's+
27.8% → 28.4%
+0.6 pts
Median age
39.9 → 40.4
+0.5 yrs

On the earnings side, the typical household in ZIP 77355 in Magnolia, TX now reports about $102,066, up from $97,440 in 2021. Headcount in the area went from 31,164 to 32,847 between 2021 and 2024, a 5.4% change. About 17.3% of households rent today, against 13.9% in 2021.

Community

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Local insights

Tips for renters in ZIP 77355

About renting in ZIP 77355

Last updated: October 17, 2026

ZIP code 77355 covers Magnolia, TX. The median rent here is $1,912/mo as of October 2026. A 1-bedroom rents for a median of $1,340/mo. A 2-bedroom rents for a median of $1,590/mo.

At 22% of local median household income ($102,066/yr), ZIP 77355 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 77355?

To keep rent at or below 30% of gross income, you would need to earn at least $76,000/year (about $37/hour full-time) to afford the median rent of $1,912/mo in ZIP 77355. The local median household income is $102,066/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 77355?

Rent in ZIP 77355 has been roughly flat over the past year, a 0.0% change.

How does ZIP 77355 compare to other ZIPs in Texas?

ZIP 77355 is one of the pricier among Texas ZIP codes for rent, ranking #113 of 693 at $1,912/mo.

How does ZIP 77355 compare to the rest of Magnolia?

At $1,912/mo, ZIP 77355 is $5 above the Magnolia citywide median of $1,907/mo.
Income Affordability
22%
VERY AFFORDABLE

At $1,912/mo, rent takes ~22% of ZIP 77355's median household income ($102,066/yr). The standard benchmark is 30%.

ZIP 77355 22%Benchmark 30%
State income taxNone
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Schools nearby

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