Houston-The Woodlands-Sugar Land, TX · Texas
Galveston County
ZIP 77650
354,721 residents2,514 permits TTM$85,348 median HHI18 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$284,900
ACS 5-Year
Cap rate proxy
6.6%
FMR × 0.65 ÷ Home Value
Rent-to-income
19.1%
HUD FMR ÷ ACS HHI
Net migration
+2.15%
IRS SOI
Permits (TTM)
2,514
Census BPS
Climate risk
95.4
FEMA NRI (0–100)
ZIP 77650
Median home value
$284,900
Gross yield
6.6%
Buy Box score
—
Section 8 gap
14.7%
Affordability
P/I: 4.5R/I: —
Section 8 detail
SAFMR: $1,560Rent: $1,360Gap: 14.7%
ZIP code breakdown18 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 77590 | $177,272 | $1,370 | 9.3% | 10.5% | -13.4% |
| 77518 | $213,570 | $1,400 | 7.9% | 10.2% | -29.3% |
| 77568 | $249,867 | $1,420 | 6.8% | 9.1% | -33.5% |
| 77563 | $248,846 | $1,500 | 7.2% | 8.3% | -14.8% |
| 77591 | $236,620 | $1,410 | 7.2% | 8.1% | -12.7% |
| 77539 | $279,257 | $1,600 | 6.9% | 7.6% | -10.6% |
| 77546 | $394,436 | $1,980 | 6.0% | 6.3% | -5.4% |
| 77551 | $241,477 | $1,590 | 7.9% | 6.3% | 20.8% |
| 77550 | $282,545 | $1,380 | 5.9% | 5.8% | 0.6% |
| 77555 | $284,900county est. | $1,380 | 5.8% | 5.7% | 1.4% |
| 77617 | $284,900county est. | $1,560 | 6.6% | 5.7% | 12.8% |
| 77623 | $284,900county est. | $1,140 | 4.8% | 5.7% | -19.3% |
| 77650 | $284,900county est. | $1,560 | 6.6% | 5.7% | 12.8% |
| 77573 | $378,389 | $1,910 | 6.1% | 5.5% | 9.2% |
| 77510 | $320,673 | $1,200 | 4.5% | 5.1% | -13.3% |
| 77565 | $355,381 | $1,910 | 6.4% | 4.7% | 27.7% |
| 77517 | $374,984 | $1,150 | 3.7% | 4.4% | -18.3% |
| 77554 | $521,222 | $1,650 | 3.8% | 3.5% | 6.8% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
67.5%
Census ACS
Vacancy rate
13.0%
Census ACS
Bachelor's degree +
34.3%
Census ACS
Rent burdened
49.1%
Census ACS (>30% income)
Median age
38.5
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