Airbnb market analysis and investment insights
$144
Houston, TX — Market Intelligence Report
Researched by Chalet's Senior STR Analysts · Verified with local Houston market partners
Houston’s short-term rental market stands as a high-volume, yield-driven play with a distinctive spread between professional and casual operators. Active full-time operators in Houston average $39,079 in annual revenue across 4,294 listings, a figure that outpaces the diluted whole-market median of $30,726 (held down by the city’s 2,478 part-time and casual listings). Median occupancy sits at 49%, with an average daily rate (ADR) of $144 and a robust median gross yield of 11.81% on a median home value of $260,149. Nationally, Houston ranks #95 for STR performance, but the market’s seasonality is pronounced: March peaks at $3,148 revenue and 63% occupancy, while October troughs at $1,950 and 47% occupancy—a 61% swing from top to bottom.
Investment clusters in Houston are defined by both bedroom count and hyperlocal geography. Larger properties command a steep revenue gradient: 4BR homes average $43,487 annually at a $313 ADR, while 5BRs push to $62,039 with a $448 ADR, and 6BRs reach $85,614 at $576 ADR. These segments, though smaller in supply, consistently outperform on a per-listing basis, especially when professionally managed. For buyers targeting the core, the 77006 zip code (Montrose) is a standout: with 355 listings, it posts a median annual revenue of $136,406, 65% occupancy, and a 24.5% gross yield—by far the highest yield among major clusters, albeit on a $556,395 median home value. For more accessible price points, the 77021 and 77054 zips offer double-digit yields (17.3% and 17.6%, respectively), with median home values well below $200,000 and annual revenues in the $24,000–$33,000 range. For tailored acquisition strategies, connect with a Chalet agent who knows Houston’s block-by-block dynamics.
Product selection is equally nuanced. One- and two-bedroom inventory dominates supply, but three-bedroom and up properties capture outsized revenue and ADR. Three-bedrooms (1,525 listings) average $32,007 at $231 ADR, while two-bedrooms (1,266 listings) lag at $24,907 and $158 ADR. The market’s upper end—5BR and 6BR homes—offers a clear path for scale-minded investors, but entry barriers rise with home prices and operational complexity. Meanwhile, the core urban zips (77004, 77007, 77009, 77003) cluster around $30,000–$35,000 median revenue and 7–9% yields, balancing risk and liquidity for mid-tier buyers.
Houston’s demand base is overwhelmingly domestic, with only 5.5% international guest share. Local and regional drive markets—Houston itself (12.1% of reviews), Austin, Dallas, and San Antonio—anchor booking volume, while national fly-ins from New York and Chicago provide incremental upside. Booking lead times average 28 days (median 13), and average stays run 6.7 nights, supporting both short and mid-term rental strategies. Operators who can optimize for peak spring demand and manage shoulder-season softness are best positioned to outperform. For scenario planning and yield projections, use the Chalet ROI calculator to model Houston’s revenue curve against your capital stack.
Risks are real and concentrated. ADRs surged +22.4% year-over-year (Mar–May 2026 vs prior), while occupancy climbed +7.1%, a rare double tailwind for revenue. However, listing supply fell -8.8% and home values declined -3.0%, reflecting both regulatory friction and broader market softness. October marks the seasonal trough for both revenue and occupancy, demanding disciplined cash flow management. Regulatory risk is moderate: Houston mandates city registration, a $275 annual fee, and a 17% lodging tax, with proactive, platform-driven enforcement. Critically, private deed restrictions can override city permits—investors must vet neighborhood rules before closing. For the latest compliance landscape, consult Houston STR regulations.
Houston is a yield-forward, operator-driven market where professional scale and local knowledge convert volatility into above-market returns—if you respect the regulatory and seasonal contours.
Get matched with top Houston, TX lenders who specialize in short-term rental financing — they understand STR underwriting and offer competitive rates for investment properties.
| 77048 |
| 14% |
| $30,590 |
| 17 |
| $215K |
| 3 | 77035 | 14% | $35,765 | 51 | $254K |
| 4 | 77012 | 15% | $23,304 | 15 | $154K |
| 5 | 77031 | 11% | $27,323 | 23 | $252K |
| 6 | 77096 | 8% | $33,048 | 65 | $424K |
| 7 | 77084 | 10% | $27,474 | 114 | $263K |
| 8 | 77064 | 8% | $22,364 | 51 | $267K |
| 9 | 77055 | 5% | $27,704 | 74 | $602K |
| 10 | 77059 | 5% | $22,087 | 8 | $441K |
| 11 | 77041 | 11% | $33,548 | 27 | $296K |
| 12 | 77030 | 7% | $35,631 | 501 | $518K |
| 13 | 77026 | 19% | $27,111 | 53 | $144K |
| 14 | 77003 | 9% | $30,604 | 267 | $353K |
| 15 | 77091 | 11% | $29,102 | 63 | $265K |
| 16 | 77067 | 15% | $31,156 | 9 | $209K |
| 17 | 77047 | 12% | $30,327 | 90 | $249K |
| 18 | 77051 | 16% | $30,567 | 140 | $188K |
| 19 | 77070 | 10% | $29,198 | 44 | $292K |
| 20 | 77008 | 6% | $32,673 | 261 | $580K |
| 21 | 77002 | 12% | $29,806 | 191 | $251K |
| 22 | 77009 | 8% | $30,022 | 285 | $376K |
| 23 | 77015 | 15% | $29,613 | 30 | $195K |
| 24 | 77019 | 4% | $28,475 | 234 | $681K |
| 25 | 77018 | 5% | $28,670 | 75 | $525K |
| 26 | 77095 | 8% | $26,631 | 30 | $321K |
| 27 | 77060 | 5% | $10,159 | 6 | $193K |
| 28 | 77079 | 4% | $26,671 | 42 | $701K |
| 29 | 77042 | 8% | $20,269 | 65 | $268K |
| 30 | 77006 | 25% | $136,406 | 533 | $556K |
| 31 | 77065 | 11% | $31,500 | 26 | $284K |
| 32 | 77045 | 8% | $16,358 | 32 | $193K |
| 33 | 77072 | 16% | $32,568 | 93 | $204K |
| 34 | 77076 | 12% | $22,120 | 18 | $186K |
| 35 | 77032 | 7% | $12,914 | 26 | $185K |
| 36 | 77024 | 2% | $26,109 | 39 | $1374K |
| 37 | 77034 | 12% | $27,271 | 33 | $222K |
| 38 | 77078 | 12% | $19,043 | 9 | $164K |
| 39 | 77044 | 9% | $26,409 | 35 | $284K |
| 40 | 77036 | 11% | $17,575 | 119 | $165K |
| 41 | 77056 | 4% | $28,795 | 164 | $664K |
| 42 | 77061 | 12% | $26,453 | 42 | $227K |
| 43 | 77085 | 9% | $20,209 | 12 | $222K |
| 44 | 77066 | 12% | $29,279 | 51 | $241K |
| 45 | 77029 | 18% | $28,205 | 14 | $153K |
| 46 | 77023 | 13% | $32,113 | 114 | $245K |
| 47 | 77090 | 10% | $24,897 | 41 | $245K |
| 48 | 77049 | 17% | $39,924 | 23 | $238K |
| 49 | 77013 | 7% | $14,198 | 6 | $191K |
| 50 | 77075 | 7% | $17,651 | 30 | $248K |
| 51 | 77053 | 24% | $46,419 | 6 | $193K |
| 52 | 77069 | 13% | $43,541 | 21 | $324K |
| 53 | 77088 | 12% | $26,239 | 66 | $211K |
| 54 | 77071 | 11% | $26,512 | 24 | $236K |
| 55 | 77011 | 17% | $32,071 | 98 | $187K |
| 56 | 77089 | 12% | $33,332 | 41 | $267K |
| 57 | 77057 | 15% | $41,938 | 122 | $275K |
| 58 | 77021 | 17% | $33,084 | 309 | $191K |
| 59 | 77087 | 13% | $22,151 | 41 | $176K |
| 60 | 77098 | 5% | $33,588 | 122 | $692K |
| 61 | 77058 | 17% | $39,377 | 39 | $238K |
| 62 | 77083 | 10% | $26,814 | 96 | $260K |
| 63 | 77037 | 6% | $11,119 | 8 | $196K |
| 64 | 77068 | 9% | $27,121 | 12 | $311K |
| 65 | 77043 | 6% | $22,917 | 30 | $384K |
| 66 | 77081 | 13% | $32,368 | 18 | $243K |
| 67 | 77092 | 10% | $28,442 | 47 | $273K |
| 68 | 77074 | 9% | $18,982 | 66 | $212K |
| 69 | 77038 | 13% | $29,068 | 14 | $216K |
| 70 | 77063 | 10% | $24,823 | 72 | $245K |
| 71 | 77062 | 14% | $42,748 | 21 | $305K |
| 72 | 77077 | 5% | $20,323 | 68 | $382K |
| 73 | 77073 | 10% | $22,333 | 60 | $228K |
| 74 | 77039 | 12% | $21,768 | 23 | $187K |
| 75 | 77016 | 18% | $29,349 | 44 | $161K |
| 76 | 77033 | 29% | $39,931 | 93 | $139K |
| 77 | 77004 | 9% | $33,109 | 804 | $349K |
| 78 | 77093 | 13% | $21,950 | 9 | $164K |
| 79 | 77082 | 10% | $24,748 | 75 | $253K |
| 80 | 77099 | 14% | $30,260 | 32 | $218K |
| 81 | 77080 | 8% | $28,666 | 81 | $345K |
| 82 | 77086 | 17% | $36,988 | 5 | $215K |
| 83 | 77054 | 18% | $24,257 | 306 | $138K |
| 84 | 77014 | 9% | $22,038 | 39 | $246K |
| 85 | 77017 | 15% | $26,520 | 33 | $180K |
| 86 | 77007 | 7% | $35,208 | 336 | $500K |
| 87 | 77027 | 3% | $21,941 | 119 | $794K |
| 88 | 77010 | 0% | $68,776 | 5 | $0K |
| 89 | 77040 | 13% | $34,597 | 20 | $258K |
| 90 | 77020 | 20% | $31,506 | 131 | $161K |
| 91 | 77005 | 2% | $32,253 | 27 | $1639K |
| 92 | 77025 | 8% | $36,458 | 201 | $467K |
| 93 | 77022 | 15% | $30,938 | 72 | $206K |
Click any zipcode above to explore detailed analytics for that specific neighborhood in Houston, TX. Each neighborhood page includes comprehensive data on occupancy rates, seasonal trends, and investment projections.
