More than 1,000 multifamily housing units under construction, proposed for New Caney, Porter

Canyon Creek

• Location: 22344 Montgomery Pines Road, Porter
• Units: 276
• Move-ins begin: June 2025
• Management company: Arbor Rose Capital

Proposed

Fidelis Plum Grove

• Location: Grand Parkway, Roman Forest (exact address TBD)
• Units: 300
• Management company: Fidelis Residential

New Caney Royal Garden

• Location: 22917 Gabriel, New Caney
• Units: 92
• Management company: Private

Territory at Porter

• Location: Grand Parkway and FM 1314, Porter (exact address TBD)
• Units: 360
• Management company: Dhanani Equity Group

Some context

MRI ApartmentData includes several communities in its Lake Houston Kingwood submarket, including Atascocita, Kingwood, Humble, Porter, New Caney and Huffman. Only communities located within Community Impact’s New Caney-Porter coverage area are listed above.

According to the report, the Lake Houston Kingwood submarket includes 79 apartment complexes with a total of 19,063 operating units. Of those properties, 26 are Class A, 42 are Class B and 11 are Class C.

MRI ApartmentData reported the following statistics for the submarket as of Feb. 28:

• Average number of units per community: 241
• Average size of units: 961 square feet
• Average monthly rent: $1,369
• Average rental rate: $1.42 per square foot per month
• Average occupancy rate: 91.4%

Data shows the occupancy rate for the Lake Houston Kingwood submarket peaked in February at 91.4%—the area’s highest occupancy rate over the past two years—after dropping to its lowest point in February 2024 at 87.3%. Average monthly rent at that time was $1,355.

Note: Only projects with exact addresses are included on the map below.