Home affordability in the Houston region decreased slightly according to the second-quarter housing affordability report from the Houston Association of Realtors.
At a glance: Out of the five major counties in the Houston region, Montgomery County had the highest rate of home affordability, with 46% of residents able to afford a median-priced home. The least affordable area was Harris County, where only 34% of residents are able to afford a median-priced home.
What else? For those who rent homes, the average monthly payment across the region dropped from $2,190 to $2,100 a month. Galveston County saw the highest increase in monthly home rental prices, going from $2,100 to $2,175 per month.
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