Rental numbers for Montgomery County, TX
The typical home here runs -$1,318 a month at 7.78% with 25% down. 0 of 21 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.5%.
- Gross yield
- 6.2%
- typical home, Zillow
- Median ZIP yield
- 6.5%
- 21 ZIPs with full data
- Cash flow
- -$1,318/mo
- at 7.78%, 25% down
- Typical price
- $343,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,757/mo
- Zillow ZORI, Aug 2026
ZIP codes in Montgomery County
21 with published figures
| 77306Conroe | $228,000 | $1,622 | 8.5% | 4.4% | -$397 | n/a |
| 77372Splendora | $240,000 | $1,703 | 8.5% | 4.1% | -$478 | n/a |
| 77357New Caney | $261,000 | $1,816 | 8.3% | 3.7% | -$609 | -3.2% |
| 77378Willis | $246,000 | $1,691 | 8.3% | 3.4% | -$624 | +1.8% |
| 77301Conroe | $238,000 | $1,578 | 8.0% | 3.1% | -$675 | -1.7% |
| 77303Conroe | $267,000 | $1,710 | 7.7% | 3.3% | -$716 | +1.1% |
| 77302Conroe | $327,000 | $2,024 | 7.4% | 3.1% | -$910 | +0.0% |
| 77365Porter | $308,000 | $1,802 | 7.0% | 2.4% | -$1,048 | -2.1% |
| 77386Spring | $367,000 | $2,141 | 7.0% | 2.4% | -$1,245 | +0.0% |
| 77318Willis | $331,000 | $1,853 | 6.7% | 2.4% | -$1,131 | +2.3% |
| 77385Conroe | $349,000 | $1,902 | 6.5% | 2.1% | -$1,263 | +0.4% |
| 77362Pinehurst | $395,000 | $2,073 | 6.3% | 2.4% | -$1,333 | n/a |
| 77356Montgomery | $364,000 | $1,834 | 6.0% | 1.9% | -$1,373 | +2.2% |
| 77355Magnolia | $367,000 | $1,832 | 6.0% | 1.9% | -$1,401 | n/a |
| 77354Magnolia | $378,000 | $1,818 | 5.8% | 1.6% | -$1,539 | +1.8% |
| 77380Spring | $393,000 | $1,781 | 5.4% | 1.7% | -$1,561 | +2.2% |
| 77316Montgomery | $415,000 | $1,844 | 5.3% | 1.3% | -$1,786 | +0.9% |
| 77304Conroe | $331,000 | $1,395 | 5.1% | 0.7% | -$1,593 | -1.2% |
| 77381Spring | $568,000 | $2,398 | 5.1% | 1.4% | -$2,423 | +2.0% |
| 77382Spring | $589,000 | $2,304 | 4.7% | 1.0% | -$2,694 | +0.8% |
| 77384Conroe | $406,000 | $1,576 | 4.7% | 0.7% | -$1,966 | -1.5% |
Trends
Five years to August 2026
- Price, 12 months
- -1.4%
- Rent, 12 months
- +0.5%
- Rent minus price growth
- +1.9 pts
- Property tax
- 1.52%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $299,563 | $1,578 |
| Aug 2022 | $355,771 | $1,699 |
| Aug 2023 | $348,383 | $1,733 |
| Aug 2024 | $348,966 | $1,760 |
| Aug 2025 | $347,630 | $1,748 |
| Aug 2026 | $342,784 | $1,757 |
HUD Fair Market Rent
FY2027, Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,233 | $1,261 | $1,497 | $2,017 | $2,502 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 46.4
- 11,497 units, last 12 months
- National percentile
- 99th
- among US counties
Tools
Test a listing in Montgomery County against today's rate.
Open the calculatorPart of the Houston, TX metro.
Questions
- Is Montgomery County good for rental property?
- The typical home here runs -$1,318 a month at 7.78% with 25% down. 0 of 21 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 6.5%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Montgomery County?
- About 1.52% of value, from Census ACS median taxes paid over median home value. On a $343,000 home that is about $5,217 a year.
- What is Fair Market Rent in Montgomery County?
- HUD's FY2027 Fair Market Rent here is $1,261 for a 1-bedroom, $1,497 for a 2-bedroom and $2,017 for a 3-bedroom. Typical cash flow at today's rate is -$1,318 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.