HousingHandbookReference data

U.S. ZIP Code · TX77303

Montgomery County · Houston-Pasadena-The Woodlands, TX

Typical home value

$268,464[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-2.3%
5-year / yr
+3.1%
10-year / yr
+4.7%

Relative price

vs U.S.
-5.5%
vs metro
-2.5%
vs state
+2.6%
ZIP 77303 location in TX
Location of ZIP 77303 in TX

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 77303 is worth $268,464 — 2.5% below the Houston-Pasadena-The Woodlands, TX median. Over the past year, values have fallen 2.3%. Homes here rent for a typical $1,596 a month — a 7.1% gross rental yield. The effective property tax rate is 1.1%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,596[2]
Gross yield
7.1%[2]
Cap rate
4.3%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.1%[3]
Typical annual tax
$2,967[3]

#Climate risk

FEMA National Risk Index ratings for Montgomery County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
Not Applicable
Wildfire
Relatively Low
Drought
Relatively Moderate
Heat wave
Relatively Moderate
Hurricane
Relatively High
Tornado
Very High
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
28,854[3]
Median household income
$75,348[3]

#Migration

Household moves in and out of Montgomery County over a year, from IRS tax-return data.

Net migration
+8,344[5]
Moved in
28,333
Moved out
19,989

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
1
Elementary
0
Middle
1
High
0
  • BOZMAN INT

    Middle · Grades 5–6 · CONROE ISD

    1,001 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield7.1%
Net yield (after ~40% expenses)4.3%
Annual rent$19,156

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,358
Loan principal$214,772
Down payment$53,693
Total interest paid$273,929

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.15
Monthly cost to own$1,830
Monthly rent$1,596

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
36th percentile[1]
Rental yield
63rd percentile[2]
Property tax
22nd percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 77303?
The typical home in 77303 is worth $268,464, based on the Zillow Home Value Index.
Are home values rising in 77303?
Home values in 77303 are down 2.3% over the past year, and up 3.1% a year over five years.
What is the typical rent in 77303?
A typical home in 77303 rents for about $1,596 a month, a gross rental yield of 7.1%.
What is the property tax rate in 77303?
The effective property tax rate in 77303 is 1.1% — roughly $2,967 a year on a typical home.
Who lives in 77303?
ZIP code 77303 has a population of 28,854 and a median household income of $75,348.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Houston, TX

    Typical home
    $267,990
    Gross yield
    6.9%
  • Pasadena, TX

    Typical home
    $269,623
    Gross yield
    5.0%
  • Cape Royale CDP, TX

    Typical home
    $267,258
    Gross yield
  • Houston, TX

    Typical home
    $270,170
    Gross yield
    8.2%
  • Houston, TX

    Typical home
    $270,967
    Gross yield
    6.2%
  • Anahuac, TX

    Typical home
    $265,957
    Gross yield

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