GITNUX MARKETDATA REPORT 2024

Statistics About The Average Apartment Rent In Texas

The average apartment rent in Texas is approximately $1,100 per month.

In this post, we will explore various statistics related to the average apartment rent in Texas. From the average rent for different types of apartments across various cities to insights on rent trends and affordability, we will provide a detailed overview of the current rental landscape in the Lone Star State.

Statistic 1

"Houston, TX has an average rent of $1,200 for a one-bedroom apartment."

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Statistic 2

"The average rent for a two-bedroom apartment in Texas is about $1,220."

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Statistic 3

"The average rent for an apartment under 600 sq. ft. in Texas is $850."

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Statistic 4

"The average rent in Texas increased by 3% from 2022 to 2023."

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Statistic 5

"In Texas suburbs, the average rent is about $980 for a one-bedroom apartment."

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Statistic 6

"Rent for a one-bedroom apartment in El Paso, TX averages $870."

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Statistic 7

"Rent for a studio apartment in Texas averages $900."

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Statistic 8

"The average rent for a one-bedroom apartment in Texas is approximately $1,000."

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Statistic 9

"The average rent in Plano, TX for a two-bedroom apartment is $1,600."

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Statistic 10

"The year-over-year rent increase in Texas is about 5%."

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Statistic 11

"In San Antonio, TX, the average rent for a one-bedroom apartment is $1,050."

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Statistic 12

"Austin, TX has the highest average rent in Texas, with a one-bedroom apartment costing about $1,500."

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Statistic 13

"College Station, TX has an average rent of $1,300 for a one-bedroom apartment."

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Statistic 14

"The average rent-to-income ratio in Texas is 30%."

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Statistic 15

"The average rent for luxury apartments in Texas is $2,000."

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Statistic 16

"The average rent for a three-bedroom apartment in Texas is around $1,470."

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Statistic 17

"In Arlington, TX, the average one-bedroom apartment rent is $1,100."

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Statistic 18

"The average security deposit in Texas is equivalent to one month's rent."

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Statistic 19

"In Fort Worth, TX, the average rent for a one-bedroom apartment is $1,150."

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Statistic 20

"In Dallas, TX, the average rent for a one-bedroom apartment is approximately $1,300."

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In conclusion, the statistics on average apartment rents in Texas reveal a diverse landscape across different cities and property types. While cities like Houston and El Paso offer relatively more affordable options for one-bedroom apartments, areas like Austin and Plano command higher rents. The overall statewide trend shows a modest increase in rent prices, with suburbs generally offering lower costs compared to urban centers. Additionally, insights into average rent-to-income ratios and security deposits provide valuable context for renters evaluating their housing options.

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