Houston-The Woodlands-Sugar Land, TX · Texas
Fort Bend County
ZIP 77481
859,721 residents12,061 permits TTM$113,409 median HHI21 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$350,300
ACS 5-Year
Cap rate proxy
5.4%
FMR × 0.65 ÷ Home Value
Rent-to-income
18.7%
HUD FMR ÷ ACS HHI
Net migration
+2.92%
IRS SOI
Permits (TTM)
12,061
Census BPS
Climate risk
97.5
FEMA NRI (0–100)
ZIP 77481
Median home value
$350,300
Gross yield
5.9%
Buy Box score
—
Section 8 gap
-2.8%
Affordability
P/I: 3.1R/I: —
Section 8 detail
SAFMR: $1,720Rent: $1,770Gap: -2.8%
ZIP code breakdown21 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 77053 | $195,537 | $1,800 | 11.0% | 10.9% | 1.4% |
| 77489 | $229,688 | $2,030 | 10.6% | 10.1% | 5.1% |
| 77545 | $278,487 | $2,360 | 10.2% | 9.5% | 6.2% |
| 77417 | $276,743 | $1,180 | 5.1% | 7.7% | -50.0% |
| 77498 | $323,378 | $2,100 | 7.8% | 6.9% | 11.4% |
| 77469 | $339,166 | $1,740 | 6.2% | 6.9% | -11.4% |
| 77471 | $280,874 | $1,530 | 6.5% | 6.9% | -4.9% |
| 77459 | $394,163 | $2,350 | 7.2% | 6.5% | 8.8% |
| 77477 | $282,610 | $1,670 | 7.1% | 6.4% | 10.3% |
| 77444 | $350,300county est. | $1,250 | 4.3% | 6.1% | -41.6% |
| 77451 | $350,300county est. | $1,280 | 4.4% | 6.1% | -38.3% |
| 77464 | $350,300county est. | $1,390 | 4.8% | 6.1% | -27.3% |
| 77476 | $350,300county est. | $1,560 | 5.3% | 6.1% | -13.5% |
| 77481 | $350,300county est. | $1,720 | 5.9% | 6.1% | -2.9% |
| 77461 | $351,673 | $1,390 | 4.7% | 6.0% | -27.3% |
| 77406 | $419,362 | $2,190 | 6.3% | 5.2% | 17.2% |
| 77479 | $536,769 | $2,360 | 5.3% | 5.1% | 3.6% |
| 77407 | $377,849 | $2,120 | 6.7% | 5.1% | 24.6% |
| 77478 | $426,641 | $2,000 | 5.6% | 5.0% | 11.9% |
| 77441 | $516,938 | $2,190 | 5.1% | 4.8% | 6.4% |
| 77494 | $483,256 | $2,360 | 5.9% | 4.4% | 25.7% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
77.5%
Census ACS
Vacancy rate
4.2%
Census ACS
Bachelor's degree +
49.3%
Census ACS
Rent burdened
47.8%
Census ACS (>30% income)
Median age
37.1
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