Trinity - Houston Gardens, a neighborhood in Houston, Texas, has experienced significant changes in its real estate landscape over the past decade. This area, known for its diverse community, has seen notable shifts in homeownership rates and property values, reflecting broader economic trends and local market dynamics. The homeownership rate in Trinity - Houston Gardens has declined from 62% in 2013 to 53% in 2022, a 9 percentage point decrease. During this same period, the average home price more than doubled, rising from $58,549 in 2013 to $154,246 in 2022. This inverse relationship suggests that rising property values may have made homeownership less attainable for some residents.

Federal interest rates have influenced homeownership trends in the neighborhood. When interest rates were at historic lows between 2020 and 2021 (0.38% and 0.08% respectively), there was a slight increase in homeownership from 51% in 2020 to 54% in 2021. This aligns with the general trend of lower interest rates encouraging homeownership due to more affordable financing options.

As homeownership rates declined, the percentage of renters in Trinity - Houston Gardens increased from 38% in 2013 to 47% in 2022. During this period, average rent prices also rose, albeit less dramatically than home prices. The average rent increased from $841 in 2013 to $872 in 2022, representing a 3.7% increase. Despite fluctuations in the neighborhood's population, which peaked at 18,257 in 2011 and stood at 17,476 in 2022, the demand for rental properties remained strong.