Houston MSA
2026-10-29
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
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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
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
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov



