Cost of Living in Houston, Texas

Houston has a population of about 2,328,253. The median household income is $64,813, median gross rent is $1,361/month, and the median home value is $277,800. Below is how Houston compares to the US.

Median Gross Rent $1,361/mo 18% below the national median
Median Home Value $277,800 26% below the national median
Median Household Income $64,813 23% below the national median
Population 2,328,253

Is Houston expensive to live in?

Compared with the national median, rent in Houston is 18% below the national median and home values are 26% below the national median. Household income here is 23% below the national median. Monthly rent represents roughly 25% of the median annual household income, a rough affordability signal for renters.

Frequently asked questions

What is the average rent in Houston?

The median gross rent in Houston, Texas is $1,361 per month (US Census ACS).

What is the median home price in Houston?

The median home value in Houston is $277,800.

How much do people earn in Houston?

The median household income in Houston is $64,813 per year.

Data source: U.S. Census Bureau, 2024 American Community Survey (ACS) 5-Year Estimates. Last updated 2026-07-11.