Houston's housing market has a variety of rental options to suit different lifestyles and budgets. Apartments and townhouses are some of the most popular choices for renters, with many complexes offering amenities such as swimming pools, fitness centers, and community spaces. Single-family homes are also available for rent in many neighborhoods around the city, with some offering larger yards and more privacy than you can expect from condos or apartments. In addition, there are many rental options for those on a budget, including shared housing and rooms for rent.
|Number Of Employees||1M|
|Median Property Value||$179,100|
Houston is the fourth-largest city in the US, and it offers plenty of opportunities and entertainment for anyone who decides to make it home. If you're considering renting in Houston, Texas, here are some things to know: 1. Rent prices vary widely: Houston has a wide range of rental options at varying price points. You can find affordable apartments in many neighborhoods but also luxury apartments in upscale areas. You can scroll down to find our take on the best neighborhoods for renters in Houston. 2. Limited public transportation: Houston is a car-centric city, and while there is public transportation available, it may not be as convenient as in other cities. Make sure to factor in transportation costs and parking situation in your apartment building when considering your budget. 3. Climate: The city has a subtropical climate, which means hot and humid summers and mild winters. Be prepared for the heat and humidity, and pay attention to air conditioning when looking at rental apartments. 4. Tropical storms and floods: Houston has experienced some devastating hurricanes and flooding in recent years, so it's important to consider whether the property you're considering is in a flood-prone area. Be sure to ask your landlord about flood insurance and take steps to protect your belongings. 5. Rental laws: Although Texas is considered to be landlord-friendly, Houston has a number of rental laws designed to protect tenants' rights. Landlords must comply with state and federal fair housing laws, and tenants have the right to safe and habitable living conditions. Landlords must also provide proper notice before entering the rental unit and must return security deposits within a certain timeframe.
Houston is a hub for many industries, including oil and gas, healthcare, and aerospace. As a result, there are various employment opportunities for renters in the area. The city is home to many Fortune 500 companies and has a strong startup culture as well. Houston is also known for its medical center, which is the largest in the world and provides many jobs in the healthcare industry. Additionally, the Port of Houston is one of the busiest ports in the country, providing jobs in logistics and transportation. With a diverse and growing economy, Houston can be a great place for renters looking for a new job after relocating here.
Houston has a humid subtropical climate with hot summers and mild winters. During the summer months, temperatures can reach up to 90-100°F (32-38°C) with high humidity levels, making it feel even hotter. Due to this climate, having an air conditioning system in rental properties is essential for staying comfortable. In the winter months, temperatures typically range from 40-70°F (4-21°C), with occasional cold fronts bringing temperatures below freezing. Houston is also prone to hurricanes and tropical storms, which can cause flooding and other weather-related issues. It's important for renters to consider the climate and potential weather hazards when choosing a rental property in Houston.
Moving to Houston to live and rent here, you should also understand its demographics. This is a diverse and multicultural city with a population of over 2.3 million people. The city is known for its large immigrant population and is home to vibrant communities of Latinos, African Americans, Asian Americans, and more. Houston is also a young city, with a median age of 33.6 years old, making it an attractive destination for young professionals and students. With its numerous universities and colleges, Houston is a hub for education and research, and its thriving energy industry provides ample job opportunities.
Transportation in Houston for renters can be a bit of a challenge due to the city's size and traffic congestion. The city has a public transportation system called METRO, which includes buses and light rail. While the system covers much of the city, it may not be as convenient as having a personal vehicle. Many Houstonians opt to drive, and parking can be difficult to find in popular areas. Additionally, some areas may be more bike-friendly than others, so it's important to consider transportation options when looking for a rental property. Overall, transportation in Houston requires some planning and patience, but with the right strategy, it's possible to get around the city efficiently.
|May||vs Last Month|
|4+ bed apartments||$4,983||-55.2%|
Over the May 2023, the average rent for an apartment in/near Houston, TX decreased by 47.6% to $2,548.
Compared to the last month, the average price for a rental studio in Houston, TX has decreased by 42.6%. You can expect to rent the studio for $2,375 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 41.8% to $1,586. Pricing for 2-bed apartment also decreased by 45.1% and a place of this size will now cost you $2,100. 3-bed apartment rent pricing starts at $2,890, it decreased by 47% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 55.2% and made it down to $4,983.
Rent Type Price
|May||vs Last Month|
|Townhouses for rent||$2,532||-56.2%|
|Rooms for rent||$713||-15.3%|
|Houses for rent||$3,539||-43.5%|
|Apartments for rent||$2,374||-31.7%|
|Condos for rent||$1,925||-46.2%|
|Duplexes for rent||$1,697||N/A|
The median rent for an apartment in Houston, TX decreased by 31.7% to $2,374. Statistics show that house rent price decreased by 43.5% this month making it up to $3,539. Condos faced an upward trend these days. The median rent for a condo decreased by 46.2%, it’s now available for $1,925. An average duplex is now available for $1,697, cause median rent for a duplex remains the same this month. An average room will now go for $713, the median rent price for a room decreased by 15.3%. The median rent for a townhouse decreased by 56.2%, you’ll have to spend around $2,532 to get one.
Close to downtown and popular with young professionals, Great Uptown is one Houston’s most happenin’ hoods. There are plenty of things to do in this neighborhood too. Shopaholics can check out the Galleria — full of big name boutiques like Neiman Marcus. After your shopping spree, you can stop for lunch at Etoile Cuisine Et Bar or the Pappas Brothers Steakhouse. People looking for a neighborhood with easy access to downtown often choose more affordable apartments in Great Uptown.
Greenway and Upper Kirby are at the center of Houston’s economic boom — more and more Houstonians are choosing apartments for rent in this district, and even those who don’t live here often come by for entertainment. Greenway — Upper Kirby is also home to some of Houston’s finest cuisine. 51fifteen, the sleek cocktail bar on Westheimer road, made Zagat’s list of the “10 Sexiest New Restaurants” for 2016. Many businesses are headquartered here as well. The median income here is $107,088, well above the Houston average — so apartments in Greenway-Upper Kirby for rent can be a bit pricey.
This neighborhood offers a healthy mix of residential and business areas. This hood is a great choice for nature lovers, and pet owners — you have easy access to the Westside Hike and Bike Trail and Miller Park from here. Apartments and duplexes for rent in George Bush Park are quite affordable. You can also find really good Cuban cuisine here.
The center of Houston’s west side, Westchase is largely a business district with some residential areas sprinkled around. Full of duplexes and houses for rent there are some cool running trails in this hood. You’ll also want to try the great Persian food at the Kasra Persian Grill.
Not far from the medical center, this laidback suburban neighborhood is great choice for medical professionals and for families searching for single-family houses or duplexes for rent.
This residential neighborhood has laid back small town feel. Located near NASA’s Johnson Space Center and with a sizable Lockheed Martin operation, it’s a good neighborhood for aerospace professionals to find apartments for rent. You can see live music at Scout Bar, and eat ramen at JINYA Ramen Bar. The Armand Bayou Nature Preserve in Clear Lake offers miles of beautiful hiking trails.
This cool neighborhood is named after the Astrodome — the world’s first domed sports arena that opened in 1965. You can see the Houston Rodeo and Livestock show here! The Houston Zoo is nearby too! Sports fans should look for apartments for rent here.