Houston-The Woodlands-Sugar Land, TX · Texas
Brazoria County
ZIP 77531
381,650 residents3,159 permits TTM$95,155 median HHI16 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$276,800
ACS 5-Year
Cap rate proxy
6.8%
FMR × 0.65 ÷ Home Value
Rent-to-income
17.8%
HUD FMR ÷ ACS HHI
Net migration
+2.60%
IRS SOI
Permits (TTM)
3,159
Census BPS
Climate risk
93.6
FEMA NRI (0–100)
ZIP 77531
Median home value
—
Gross yield
—
Cap rate
5.2%
Rent gap
42.7%
Affordability
P/I: 2.2R/I: 11.4%
Section 8 detail
SAFMR: $1,573Rent: $1,410Gap: 11.6%
ZIP code breakdown16 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 77583 | $317,829 | $1,260 | 4.8% | 9.0% | -89.4% |
| 77515 | — | — | — | 8.7% | -7.9% |
| 77541 | — | — | — | 7.9% | 17.6% |
| 77422 | — | — | — | 7.4% | 10.4% |
| 77480 | — | — | — | 7.4% | 10.4% |
| 77566 | — | — | — | 7.3% | -2.3% |
| 77577 | — | — | — | 6.8% | 10.4% |
| 77486 | — | — | — | 6.5% | 10.4% |
| 77511 | $288,896 | $1,230 | 5.1% | 6.4% | -24.8% |
| 77581 | $365,108 | $1,510 | 5.0% | 6.4% | -28.0% |
| 77534 | — | — | — | 6.3% | 10.4% |
| 77431 | — | — | — | 6.1% | 10.4% |
| 77584 | $381,510 | $1,720 | 5.4% | 5.6% | -3.8% |
| 77578 | — | — | — | 5.5% | -27.9% |
| 77531 | — | — | — | 5.2% | 42.7% |
| 77430 | $347,336 | $1,280 | 4.4% | 4.9% | -10.2% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
74.0%
Census ACS
Vacancy rate
10.5%
Census ACS
Bachelor's degree +
32.1%
Census ACS
Rent burdened
47.1%
Census ACS (>30% income)
Median age
36.5
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026