Montgomery County, Texas Housing Market Prices
Montgomery County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 22% above the Texas median More expensive than 83% of counties in Texas$316,839
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Median rent 9% above the Texas median More expensive than 94% of counties in Texas$1,532
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Montgomery County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $316,839 | $258,873 | $248,835 |
| Price Trend (Annual %) | 8.4% | 9.2% | 7.5% |
| Median Gross Rent | $1,532 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 4.5% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Montgomery County is about 22% higher than in Texas. Rent is about 9% higher than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Montgomery County, up about 8.4% and 4.5% a year respectively. Home prices are changing faster.
Median rent in Montgomery County rose about 48.8% between 2015 and 2024, from $1,030 to $1,532. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 3.2 yearly household incomes in Montgomery County.
Buying the median-priced home in Montgomery County costs roughly 17.2 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Montgomery County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Montgomery County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $316,839 | $258,873 | $248,835 |
| Median Household Income | $97,905 | $78,939 | $80,455 |
| Price-to-Income Ratio | 3.2 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Montgomery County rose about 103.1%, while median household income rose about 47.2% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Montgomery County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.8% | 56.7% | 58.5% |
| Rental Rate | 26.3% | 33.9% | 31.2% |
| Vacancy Rate | 6.9% | 9.4% | 10.2% |
| Median Tenure (years) | 13.0 | 14.0 | 15.0 |
| Median Year Moved In | 2013 | 2012 | 2011 |
Montgomery County has a homeownership rate of 66.8%, higher than the Texas average of 56.7%. Its housing vacancy rate is 6.9%, compared with 9.4% in Texas.
Housing Stock
| Metric | Montgomery County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.75 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 2002 | 1990 | 1978 |
| Median Number of Rooms | 6.0 | 5.4 | 5.5 |
The typical housing unit in Montgomery County was built around 2002. On average, 2.8 people live in a home with about 6.0 rooms, staying for about 13.0 years on average.
Montgomery County, TX Housing Compared With Nearby Counties
Montgomery County, TX is the 2nd largest of the 6 counties compared here, 684,384 residents against a local median of 61,552. Montgomery County, TX's median rent, at $1,532, runs 43% above the $1,069 typical of the counties around it.
Median home price tells the same story from another angle: $316,839 against a local median of $259,750, 22% above it. The counties themselves spread $370 on median rent, so Montgomery County, TX sits at one end of an already wide local range rather than apart from it. Montgomery County, TX has the highest median rent of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Montgomery County, TX | 684,384 | $316,839 #2/6 | $1,532 #1/6 | 71.8% #4/6 |
| San Jacinto County, TX | 28,441 | $259,750 | $1,060 | 84.6% |
| Walker County, TX | 80,209 | $122,806 | $1,030 | 56.5% |
| Harris County, TX | 4,837,278 | $275,121 | $1,401 | 54.7% |
| Grimes County, TX | 31,340 | $132,386 | $1,069 | 79.9% |
| Waller County, TX | 61,552 | $353,092 | $1,168 | 72.0% |
Frequently Asked Questions
Common questions about the housing market in Montgomery County, Texas.
What is the median home price in Montgomery County, Texas?
The median home price in Montgomery County, Texas is $316,839, higher than the Texas average of $258,873.
What is the average home price in Montgomery County, Texas?
The typical home price in Montgomery County, Texas, reported as the median sale price, is $316,839. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Montgomery County, Texas?
The median gross rent in Montgomery County, Texas is $1,532 per month, higher than the Texas average of $1,402.
What was the median gross rent in Montgomery County in 2020?
In 2020, the median gross rent in Montgomery County, Texas was $1,230 per month.
What is the price-to-rent ratio in Montgomery County, Texas?
The price-to-rent ratio in Montgomery County, Texas is about 17.2, meaning it would take roughly 17.2 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Montgomery County.
Are home prices or rent rising faster in Montgomery County, Texas?
Both home prices and rent are rising in Montgomery County, up about 8.4% and 4.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Montgomery County, Texas?
66.8% of households in Montgomery County, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Montgomery County, Texas?
The housing vacancy rate in Montgomery County, Texas is 6.9%, lower than the Texas average of 9.4%.
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