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Rent prices in Houston soared beyond median household income, and the majority of renters are finding themselves burdened by housing costs. (Shaheryar Khan/Community Impact)

Montgomery County cost-burdened renters increase as Houston continues to see renters struggle

By Shaheryar Khan

The 2023 State of Housing Report from Rice University's Kinder Institute highlights renter challenges, housing cost burdens, conditions, and impacts on families in Harris County, Houston, Fort Bend County and Montgomery County.

More Housing & Real Estate News

The Houston real estate market in August started stabilizing after a period of uncertainty, according to the latest monthly home sales report, even though home sales across the Greater Houston area were down year over year for the 17th straight month. (Courtesy Melissa Sanchez/M2 Property Group)
Houston-area home sales fall 3.8% year over ...
house
Pearland, Friendswood median home sales price remains ...
Pearland and Friendswood are nearly built out, and the cities must carefully plan how to develop the remaining land. (Courtesy Pexels)
Pearland, Friendswood development overcoming challenges, obstacles
More homes were sold in July 2022 than July 2023 in the Pearland and Friendswood area. The median price of homes solid decreased in most area ZIP codes. (Courtesy HAR)
Fewer homes sold in Pearland, Friendswood year over year
Demand for rental homes in the Greater Houston area increased in July due to concerns about affordability and high interest rates. (Courtesy Pexels)
Rental homes in Greater Houston rise amid affordability concerns, interest rates
Townhouses in a line. (Courtesy Adobe Stock/Volodymyr Kyrylyuk)
39% of Houston households can afford home amid rising interest rates
House in Creekside Park, The Woodlands.
More homes on market in Houston despite falling home sales in July
Polly Ranch Estates is along Clear Creek and close to FM 528, FM 518 and Bay Area Boulevard. (Courtesy HAR)
Learn about Polly Ranch Estates, July's featured neighborhood
A home in The Highlands in Porter. (Courtesy Caldwell Communities)
Inner Loop community takes top spot on Houston’s hottest communities
Outside view of apartments. (Courtesy Pexels)
Houston's single-family rental market sees 18.4% increase in new listings for June
Outside view of a home. (Courtesy Houston Association of Realtors)
Houston home sales decline for 15th consecutive month
The appraised value of Stephanie and Chad Waddell's Pearland home has increased over 41% in three years. They said the rapid rise has increased their annual tax bills and caused them to cut back on how much they put into retirement. (Jake Magee/Community Impact)
Residents, legislators fight increasing property appraisals
A home for sale in the La Cima subdivision in San Marcos
What homebuyers should understand about current interest rate hikes