Statistics About The Average Apartment Rent In Houston

In this post, we will explore various statistics related to the average apartment rent in Houston. From comparing Houston’s rent prices to other major cities to delving into specific neighborhood averages and rental trends, these statistics provide valuable insights into the housing market in Houston.

Statistic 1

"Rent in Houston is cheaper compared to other major cities like Austin and Dallas."

Statistic 2

"The vacancy rate for apartments in Houston is about 7%."

Statistic 3

"The average rent for a three-bedroom apartment in Houston is around $2,000 per month."

Statistic 4

"The average rent for a one-bedroom apartment in Houston is around $1,200 per month."

Statistic 5

"The average rent for a low-income apartment in Houston is about $800 per month."

Statistic 6

"Midtown is one of the most expensive neighborhoods in Houston with average rents around $2,000 per month."

Statistic 7

"The average renter in Houston stays in their rental for about 2.5 years."

Statistic 8

"Rent prices in suburban areas of Houston are about 20% lower than in urban areas."

Statistic 9

"In the past year, Houston's apartment rents have increased by about 3%."

Statistic 10

"The average rent price in Houston is slightly below the national average rent price."

Statistic 11

"The average rent for an apartment in Houston’s Energy Corridor is approximately $1,400 per month."

Statistic 12

"The average rent for a two-bedroom apartment in Houston is approximately $1,500 per month."

Statistic 13

"The average rent for a studio apartment in Houston is about $1,100 per month."

Statistic 14

"Average apartment rent in downtown Houston is roughly $1,800 per month."

Statistic 15

"Over the past five years, the average apartment rent in Houston has increased by approximately 10%."

Statistic 16

"More than 40% of Houston renters spend over 30% of their income on rent."

Statistic 17

"The average gross rent in Houston, which includes utilities, is around $1,350 per month."

Statistic 18

"Houston’s average rent for high-end apartments is around $2,500 per month."

Statistic 19

"Average rent in Houston’s Museum District is approximately $1,750 per month."

Statistic 20

"The rent for newly constructed apartments in Houston averages around $2,200 per month."

In conclusion, the statistics reveal that the average apartment rent in Houston is comparatively affordable when compared to other major cities. Despite the increasing trend in rent prices over the past few years, Houston still maintains a lower average rent cost for various types of apartments. The data also highlights the diversity in rental prices across different neighborhoods in Houston, with areas like Midtown and the Energy Corridor commanding higher rents. Additionally, insights into vacancy rates, renter turnover, and income distribution further enrich our understanding of the rental market dynamics in Houston.