GITNUX MARKETDATA REPORT 2024

Statistics About The Average Rent Houston

The average rent in Houston is currently around $1,100 per month.

Last Updated: June 23, 2024

How we write

In this post, we will explore the current landscape of average rent prices in Houston, Texas. With key statistics ranging from the annual growth rate of Houston’s rental market to specific neighborhood averages, you’ll gain a comprehensive understanding of rental costs and trends in the vibrant city of Houston.

Statistic 1

"Houston's rental market shows an annual growth rate of 2.8%."

Statistic 2

"The median rent price for a studio apartment in Houston is $950 per month."

Statistic 3

"Rent prices in Houston increased by 3.5% over the past year."

Statistic 4

"Houston's rental vacancy rate is 7.7%, higher than the national average."

Statistic 5

"Average rent prices in Houston’s Energy Corridor are around $1,400."

Statistic 6

"Neighborhoods like Midtown have an average rent of about $1,700 per month."

Statistic 7

"The average rent for a three-bedroom apartment in Houston is $1,700."

Statistic 8

"The average rent for a two-bedroom apartment in Houston is about $1,350 in 2023."

Statistic 9

"Houston's average rent for a one-bedroom apartment in 2023 is around $1,100."

Statistic 10

"The average rent for an apartment in Houston in 2023 is approximately $1,350 per month."

Statistic 11

"Houston's overall cost of living is 5% lower than the national rent cost."

Statistic 12

"The Museum District averages $1,900 per month for rent."

Statistic 13

"In 2023, downtown Houston apartments average around $1,600 per month."

Statistic 14

"Houston's average rent is lower than the national average by approximately 15%."

Statistic 15

"Houston’s suburbs have an average rent of $1,200 per month."

Statistic 16

"Montrose area apartments average $1,650 per month."

Statistic 17

"Rent prices in Houston’s Westchase district average $1,500."

Statistic 18

"Average rental prices in the Medical Center area are $1,550 per month."

Statistic 19

"In Spring Branch, the average rent is approximately $1,300."

Statistic 20

"The Heights neighborhood sees an average rent of $1,800 for a one-bedroom."

In conclusion, Houston’s rental market continues to experience steady growth, with rent prices showing an overall upward trend. The city offers a diverse range of housing options, from more affordable studio apartments to higher-end properties in upscale neighborhoods like Midtown and the Energy Corridor. While certain areas command higher rents, Houston maintains an average rent that is lower than the national average, contributing to its overall affordability compared to other major cities. With a variety of rental prices across different neighborhoods, individuals can find housing options that fit their budget and lifestyle in the vibrant and dynamic city of Houston.

Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

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