How Much House Can I Afford in Houston, TX?
Use local market data to estimate what you can afford in Houston. The median home value is $290,000 with a population of 2,300,000.
$
$
Car loans, student loans, credit cards
%
FAQ — Buying in Houston
How much house can I afford in Houston?
The median home value in Houston is $290,000. At a 20% down payment ($58,000) and a 6.37% rate, the estimated P&I payment would be roughly $1,447 per month — before taxes and insurance. Use the calculator above with your actual income and debts for a personalized answer.
What is the 28/36 rule for buying a home in Houston?
The 28/36 rule suggests your housing payment should not exceed 28% of gross monthly income, and total debt payments should not exceed 36%. In Houston with a median home price of $290,000, this means your gross monthly income should ideally be at least $5,166 to keep housing comfortably within the 28% threshold.
How do Houston property taxes affect my affordability?
Harris County has an effective property tax rate of 2.18%, which adds approximately $527 per month to your housing cost on a median-priced home.
What 2026 loan limits apply in Houston?
In 2026, the FHA loan limit for Harris County is determined by HUD based on local median home prices. The conforming limit set by FHFA is at least $832,750 — loans above this are jumbo mortgages with different qualification standards. Higher-cost counties may have elevated limits.