How much is a home worth in ZIP code 77306?

The typical home in 77306 is worth $228,609, based on the Zillow Home Value Index.

Are home values rising in 77306?

Home values in 77306 are down 1.0% over the past year, and up 2.6% a year over five years.

What is the typical rent in 77306?

A typical home in 77306 rents for about $1,705 a month, a gross rental yield of 8.9%.

What is the property tax rate in 77306?

The effective property tax rate in 77306 is 1.0% — roughly $2,254 a year on a typical home.

ZIP code 77306 has a population of 18,086 and a median household income of $76,257.

HousingHandbookReference data

…

U.S. ZIP Code · TX77306

Montgomery County · Houston-Pasadena-The Woodlands, TX

Typical home value

$228,609^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -1.0%
5-year / yr: +2.6%
10-year / yr: +5.2%

Relative price

vs U.S.: -19.5%
vs metro: -17.0%
vs state: -12.7%

Price history

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

The typical home in 77306 is worth $228,609 — 17.0% below the Houston-Pasadena-The Woodlands, TX median. Over the past year, values have fallen 1.0%. Homes here rent for a typical $1,705 a month — a 8.9% gross rental yield. The effective property tax rate is 1.0%.

#Rent & investment

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

Monthly rent: $1,705^[2]
Gross yield: 8.9%^[2]
Cap rate: 5.4%^[2]

#Property tax

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

Effective tax rate: 1.0%^[3]
Typical annual tax: $2,254^[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: 18,086^[3]
Median household income: $76,257^[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: 5
Elementary: 2
Middle: 2
High: 1

CANEY CREEK H S
High · Grades 9–12 · CONROE ISD
2,620 students
MOORHEAD J H
Middle · Grades 7–8 · CONROE ISD
1,368 students
AUSTIN EL
Elementary · Grades PK–4 · CONROE ISD
1,031 students
CREIGHTON EL
Elementary · Grades PK–4 · CONROE ISD
1,005 students
VETERAN'S MEMORIAL INT
Middle · Grades 5–6 · CONROE ISD
719 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.

Home value$Monthly rent$

Gross yield8.9%

Net yield (after ~40% expenses)5.4%

Annual rent$20,459

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,156

Loan principal$182,887

Down payment$45,722

Total interest paid$233,262

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.90

Monthly cost to own$1,535

Monthly rent$1,705

Owning 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: 26th percentile^[1]
Rental yield: 84th percentile^[2]
Property tax: 10th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

5th for fastest-growing in TXView list →

Frequently asked

How much is a home worth in ZIP code 77306?: The typical home in 77306 is worth $228,609, based on the Zillow Home Value Index.
Are home values rising in 77306?: Home values in 77306 are down 1.0% over the past year, and up 2.6% a year over five years.
What is the typical rent in 77306?: A typical home in 77306 rents for about $1,705 a month, a gross rental yield of 8.9%.
What is the property tax rate in 77306?: The effective property tax rate in 77306 is 1.0% — roughly $2,254 a year on a typical home.
Who lives in 77306?: ZIP code 77306 has a population of 18,086 and a median household income of $76,257.

#Comparable ZIPs

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

77364 vs 77306 →
Point Blank, TX
Typical home
$227,780
Gross yield
—
77034 vs 77306 →
Houston, TX
Typical home
$226,492
Gross yield
5.2%
77085
Houston, TX
Typical home
$226,098
Gross yield
8.3%
77061
Houston, TX
Typical home
$231,421
Gross yield
5.8%
77073
Houston, TX
Typical home
$232,131
Gross yield
9.5%
77338
Houston, TX
Typical home
$232,294
Gross yield
8.0%

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#Jump to section

U.S. ZIP Code · TX77306

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