HousingHandbookReference data

U.S. ZIP Code · TX77304

Montgomery County · Houston-Pasadena-The Woodlands, TX

Typical home value

$332,734[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.4%
5-year / yr
+3.5%
10-year / yr
+3.4%

Relative price

vs U.S.
+17.1%
vs metro
+20.8%
vs state
+27.1%
ZIP 77304 location in TX
Location of ZIP 77304 in TX

Price history

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

The typical home in 77304 is worth $332,734 — 20.8% above the Houston-Pasadena-The Woodlands, TX median. Over the past year, values have fallen 0.4%. Homes here rent for a typical $1,427 a month — a 5.1% gross rental yield. The effective property tax rate is 1.5%.

#Rent & investment

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

Monthly rent
$1,427[2]
Gross yield
5.1%[2]
Cap rate
3.1%[2]

#Property tax

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

Effective tax rate
1.5%[3]
Typical annual tax
$5,100[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
44,225[3]
Median household income
$80,425[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
7
Elementary
4
Middle
2
High
1
  • CONROE H S

    High · Grades 9–12 · CONROE ISD

    5,178 students

  • PEET J H

    Middle · Grades 7–8 · CONROE ISD

    1,324 students

  • EDDIE RUTH LAGWAY EL

    Elementary · Grades K–5 · WILLIS ISD

    797 students

  • CRYAR INTERMEDIATE

    Middle · Grades 5–6 · CONROE ISD

    786 students

  • REAVES EL

    Elementary · Grades PK–4 · CONROE ISD

    771 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 yield5.1%
Net yield (after ~40% expenses)3.1%
Annual rent$17,121

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$1,682
Loan principal$266,187
Down payment$66,547
Total interest paid$339,507

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 ratio1.67
Monthly cost to own$2,384
Monthly rent$1,427

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
49th percentile[1]
Rental yield
22nd percentile[2]
Property tax
73rd percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 77304?
The typical home in 77304 is worth $332,734, based on the Zillow Home Value Index.
Are home values rising in 77304?
Home values in 77304 are down 0.4% over the past year, and up 3.5% a year over five years.
What is the typical rent in 77304?
A typical home in 77304 rents for about $1,427 a month, a gross rental yield of 5.1%.
What is the property tax rate in 77304?
The effective property tax rate in 77304 is 1.5% — roughly $5,100 a year on a typical home.
Who lives in 77304?
ZIP code 77304 has a population of 44,225 and a median household income of $80,425.

#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
    $332,482
    Gross yield
    4.4%
  • Conroe, TX

    Typical home
    $330,827
    Gross yield
    7.7%
  • Wallis, TX

    Typical home
    $330,824
    Gross yield
  • Conroe, TX

    Typical home
    $335,031
    Gross yield
    6.7%
  • Santa Fe, TX

    Typical home
    $328,677
    Gross yield
  • Houston, TX

    Typical home
    $327,920
    Gross yield
    5.6%

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