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Housing market/Texas/ZIP 77506

ACS 2023 · FY2027 SAFMR

ZIP 77506 Pasadena, Texas

Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area · Texas. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
35,243
Households
10,500
Median HH income
$50,045
Renter share
62.0%
Median gross rent
$1,049
Vacancy
12.3%
Pop. change
-8.6%
2BR SAFMR
$1,150
SAFMR / rent
1.096×
2–49 unit stock
3,233
LIHTC proj / units
2 / 440
HUD assisted MF
2 / 223

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 77506 · TX — sent to you.

ZIP 77506 · TX

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ACS rent vs 2BR SAFMR

ZIP 77506 — Pasadena, TX HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,049
2BR SAFMR$1,150
90% floor$1,035
110% ceiling$1,265

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 77506

  • 1-unit detached6,26852.4%
  • 1-unit attached1821.5%
  • 2–4 units8326.9%
  • 5–49 units2,40120.1%
  • 50+ units2,11117.6%
  • Mobile1791.5%
TypeUnitsShare
1-unit detached6,26852.4%
1-unit attached1821.5%
2 units (duplex)680.6%
3–4 units7646.4%
5–9 units7696.4%
10–19 units8577.2%
20–49 units7756.5%
50+ units2,11117.6%
Mobile1791.5%

2–4 unit share 6.9% · 5–49 unit share 20.1% · combined 2–49 27.0%.

Units by bedrooms

Studio
517
1BR
1,824
2BR
4,437
3BR
4,094
4BR
960
5+
141

Rent burden

Rent ≥30% of income38.8%
Rent ≥50% of income19.0%
  • ACS median gross rent $1,049 (all bedrooms, occupied rentals).
  • Median contract rent $879.
  • Renters paying ≥30% of income 38.8%; ≥50% 19.0%.
  • FY2027 2BR SAFMR $1,150 (1.096× ACS median gross rent).

Population

35,243 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -8.6%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 2 projects, 440 units.
  • HUD project-based assisted MF: 2 properties, 223 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 11,737 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 77506 62.0% of occupied households are renters; vacancy is 12.3%; ACS median gross rent is $1,049; population changed -8.6% between the 2018 and 2023 ACS vintages; the housing stock includes 832 units in 2–4-unit structures and 2,401 units in 5–49-unit structures; 2 LIHTC projects totaling 440 units; FY2027 2BR SAFMR is $1,150 versus ACS median gross rent of $1,049. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Texas research

ZIP 77506 is a Census / HUD profile for Houston-The Woodlands-Sugar Land, TX. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 77506 — Pasadena, TX HUD Section 8 Payment Standards / SAFMR·Texas ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
77001Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area——$1,47077002Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area90.7%$1,860$2,25077003Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area54.8%$1,562$1,76077004Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area62.3%$1,320$1,48077005Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area27.6%$2,058$2,23077006Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area65.1%$1,761$2,25077007Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area54.0%$1,951$2,25077008Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area41.0%$1,567$1,81077009Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area41.3%$1,229$1,34077010Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area100.0%$3,269$2,25077011Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area48.8%$1,063$1,13077012Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area58.5%$944$1,020

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Texas research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 77506?

ZIP 77506 (Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area) has 35,243 residents, 10,500 households, a renter share of 62.0%, median household income of $50,045, and ACS 2023 median gross rent of $1,049. Vacancy is 12.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 77506?

ACS counts 68 units in 2-unit buildings, 764 in 3–4 unit buildings, 769 in 5–9, 857 in 10–19, and 775 in 20–49. Combined 2–49 unit stock is 3,233 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 77506?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,150. See the full schedule and 90–110% payment-standard band on the ZIP 77506 — Pasadena, TX HUD Section 8 Payment Standards / SAFMR.

Does this Texas ZIP profile include Georgia listings?

No. ZIP 77506 is Census / HUD research for Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area. Jeff Crowe CRE does not list Texas property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.