Houston MSA

Houston’s apartment growth is not spreading evenly — 47.3% of the MSA’s large apartment stock is concentrated in just three cities: Pasadena, Galveston, and Conroe. This pattern, based on the latest ALEX Intelligence data, reveals a structural shift in where new housing is being built, moving away from urban cores and toward select suburban nodes. The full report: https://alex-companies.com/data/2026-10-29-houston-msa-concentration-apartment-units-place This data challenges the narrative that Houston’s housing market is driven by downtown or midtown development. Instead, it highlights how zoning, infrastructure, and capital allocation are creating a new housing geography. What does this mean for long-term investment, public services, and affordability in under-served areas? Share of the Market's Large Apartment Stock in Its Top Three Cities, top 10 (ALEX Intelligence — U.S. Census Bureau 2024) #1 Pasadena — 6,334 #2 Galveston — 4,042 #3 Conroe — 3,526 #4 Sugar Land — 2,125 #5 Atascocita — 1,637 #6 Webster — 1,497 #7 Lake Jackson — 1,136 #8 Deer Park — 969 #9 Rosenberg — 927 #10 Spring — 886 Photos via Wikimedia Commons: Slide 1: Michael Barera (CC BY-SA 4.0) https://commons.wikimedia.org/?curid=118282582; Slide 2: Andy Truong (CC BY 3.0) https://commons.wikimedia.org/?curid=57624970; Slide 3: Social Woodlands from USA (CC BY 2.0) https://commons.wikimedia.org/?curid=71312942; Slide 4: Djmaschek (CC BY-SA 4.0) https://commons.wikimedia.org/?curid=67895735 Source: https://alex-companies.com/data/2026-10-29-houston-msa-concentration-apartment-units-place View and join any or all of our communities — AI, quantum, and real estate: https://alex-companies.com/reports/linkedin-groups If there's an AI, quantum, or real estate community you'd like to see us convene, tell us — this portfolio grows by request. Real Estate Strategy & Intelligence Leader. Democratized Blue Ocean Strategist & Operator. Diane Hart Alexander, MBA, MHA Chair & CEO, ALEX Companies Designated Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al. Texas License #574877-B · Broker License #565194-BB [email protected] · +1 713.591.9902
Source data: Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024 · ALEX Intelligence computation
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Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B  ·  George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
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