Average Rent in Memorial, Houston, TX

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Current Versus Historical Memorial, Houston, TX Rents

Memorial rentals average $1,780 for a 1-bedroom rental to $4,250 for a 4-bedroom rental. The median price of all currently available listings is $2,750, or roughly $2 per square feet.
For the apartment units and housing in June 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $129 (-8.22%) year-over-year from $1,565 to $1,436. 1-bedroom rentals prices have increased by $19 (1.09%) year-over-year from $1,778 to $1,797. 2-bedroom rentals prices have increased by $194 (7.78%) year-over-year from $2,499 to $2,693. 3-bedroom rentals prices have decreased by $449 (-11.00%) year-over-year from $4,079 to $3,630. 4-bedroom rentals prices have increased by $1,450 (32.58%) year-over-year from $4,450 to $5,900. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 12.27% this month. 1-bedroom rents have gone up by 3.09% this month. 2-bedroom rents have gone up by 7.45% this month. 3-bedroom rents have gone up by 18.49% this month. 4-bedroom rents have gone up by 14.19% this month.
Beds
Price / Sqft
Jun 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.07 $1,797 $1,778 (1.09%) $1,729 (3.91%)
2 BR $1.68 $2,693 $2,499 (7.78%) $2,368 (13.75%)
3 BR $1.34 $3,630 $4,079 (-11.00%) $3,073 (18.14%)
4+ BR $1.57 $5,900 $4,450 (32.58%) $4,500 (31.11%)

Historical Rents in Memorial, Houston, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Memorial

There are a total of 15 cities nearby Memorial. The average rent in Memorial is currently $1,995 per month. A total of 15 cities nearby have an average rent lower than that. Our records show that Bryan, TX, with an average rent of $1,300, is the most affordable city nearby. In contrast, the most expensive city near Memorial, Houston, TX is The Woodlands, TX. Monthly rents here are on average $2,700 per month.

Let's compare Memorial, Houston, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 32.57% more expensive. Two bedrooms in Memorial, Houston, TX are about 38.70% more expensive. Finally, rent for three bedrooms are about 25.61% more expensive. Want more information? Check out the top 10 cities out of 15 total cities near Memorial, Houston, TX in the following chart.
City Studio 1 Bed 2 Bed All
Pasadena, TX $1,700 $850 $1,225 $1,850
Houston, TX $1,350 $1,285 $1,675 $1,900
Spring, TX N/A N/A $1,383 $1,995
Fulshear, TX N/A $1,744 $2,112 $2,144
Atascocita, TX N/A $1,585 $2,040 $2,218
League City, TX N/A $1,283 $1,802 $2,300
Pearland, TX N/A $950 N/A $2,400
Missouri City, TX N/A N/A $1,325 $2,450
Sugar Land, TX N/A $2,000 $1,850 $2,500
The Woodlands, TX $2,025 $1,350 $2,200 $2,700

Top Neighborhoods Near Memorial

There are a total of 38 neighborhoods in or near Memorial. Some of these neighborhoods include South Main, Greater Inwood, and Greater Fondren Southwest. We've included the top 30 neighborhoods out of 38 total neighborhoods in or near Memorial, Houston, TX in the following chart.

The average rent for these 30 neighborhoods in or near Memorial, Houston, TX is currently around $1,860 per month. A total of 36 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Memorial, South Main has the most affordable average rent at $1,264 per month. Whereas, at $2,813 average rent per month, Washington Avenue - Memorial Park is the most expensive neighborhood in or near Memorial. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
South Main, Houston, TX N/A $1,174 $1,264 $1,264
Greater Inwood, Houston, TX N/A $950 $1,100 $1,350
Greater Fondren Southwest, Houston, TX N/A $875 $1,325 $1,450
Greater Eastwood, Houston, TX $1,200 $943 $1,525 $1,463
Spring Shadows, Houston, TX N/A $979 $1,289 $1,499
Astrodome, Houston, TX N/A $1,295 $1,560 $1,500
Braeswood Place, Houston, TX N/A $1,350 $2,037 $1,577
Spring Branch West, Houston, TX N/A $1,119 $1,550 $1,600
Alief, Houston, TX N/A $950 $1,300 $1,617
Neartown - Montrose, Houston, TX $925 $1,295 $2,150 $1,675
Sharpstown, Houston, TX N/A $1,025 $1,400 $1,688
MacGregor, Houston, TX $963 $1,095 $1,375 $1,695
OST - South Union, Houston, TX $1,250 $850 $1,315 $1,800
Woodlake - Briar Meadow, Houston, TX N/A $1,252 $1,750 $1,800
Greenway - Upper Kirby, Houston, TX N/A $1,275 $1,989 $1,825
Great Uptown, Houston, TX $1,695 $1,547 $1,895 $1,895
Northside Village, Houston, TX $2,710 $1,100 $1,550 $2,000
Fourth Ward, Houston, TX N/A $1,640 $2,090 $2,014
Midtown, Houston, TX $1,370 $1,650 $2,200 $2,050
Central Southwest, Houston, TX N/A $1,525 $1,675 $2,100
Greater Third Ward, Houston, TX N/A $1,043 $1,350 $2,180
Eldridge - West Oaks, Houston, TX N/A $1,552 $1,756 $2,216
Oak Forest - Garden Oaks, Houston, TX N/A $1,291 $1,549 $2,320
Acres Home, Houston, TX $2,200 $1,775 N/A $2,390
Independence Heights, Houston, TX N/A $1,100 $1,450 $2,450
Briarforest, Houston, TX N/A $1,525 $2,465 $2,465
Downtown Houston, Houston, TX $1,698 $1,990 $3,404 $2,533
Greater Heights, Houston, TX $1,765 $1,250 $2,390 $2,650
The Museum District, Houston, TX $1,338 $1,600 $2,575 $2,800
Washington Avenue - Memorial Park, Houston, TX $1,096 $1,492 $2,325 $2,813

Top Counties Near Memorial

There are a total of 38 counties located by Memorial, Houston, TX. Some of these counties include Pasadena, TX, Northeast Harris, TX, and Houston, TX. The average rent for rentals in these counties is $1,999. That's roughly around $1 per sqft. A total of 21 counties have a lower average rent. The county that is the most affordable is Brazosport, TX. It's average rent per month is $1,368. Vice versa, with an average rent of $2,550, Fulshear-Simonton, TX is the most expensive county by Memorial, Houston, TX.

Typically, rent for studios in Memorial, Houston, TX is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Memorial, Houston, TX is 32.57% more expensive than other counties nearby. Finally, rent for two bedrooms in Memorial, Houston, TX is 37.50% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Pasadena, TX $1,700 $850 $1,213 $1,623
Northeast Harris, TX $750 $900 $1,275 $1,973
Houston, TX $1,395 $1,292 $1,683 $1,999
Rosenberg-Richmond, TX $5,000 $1,360 $2,105 $2,115
Magnolia, TX $2,400 N/A $1,125 $2,148
Southeast Harris, TX N/A $1,200 $1,395 $2,200
Northwest Harris, TX $2,650 $1,156 $1,575 $2,300
Stafford-Missouri City, TX N/A $1,600 $1,563 $2,400
Sugar Land, TX N/A $1,629 $1,800 $2,500
Fulshear-Simonton, TX $2,500 $1,744 $2,112 $2,550

Top Zipcodes Near Memorial

There are a total of 45 zipcodes in or near Memorial, Houston, TX. The average rent for all of these zipcodes is $2,103. A total of 41 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 77090, Northwest Harris, TX at $1,400 per month. In comparison, the zipcode with the most expensive average rent of $3,650 per month is 77389, Northwest Harris, TX.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Memorial, Houston, TX is $1,298 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,800 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Memorial, Houston, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
77042, Houston, TX N/A $1,140 $2,415 $2,200
77063, Piney Point Village, TX N/A $1,386 $1,750 $1,850
77024, Hunters Creek Village, TX N/A $1,635 $2,300 $2,518
77077, Houston, TX N/A $1,400 $1,894 $2,600
77079, Houston, TX N/A $1,475 $1,900 $2,475
77080, Houston, TX N/A $1,119 $1,299 $1,499
77057, Houston, TX $1,725 $1,298 $1,859 $1,800
77055, Houston, TX N/A $1,300 $1,935 $2,000
77082, Houston, TX N/A $1,000 $1,450 $2,060
77056, Houston, TX N/A $1,750 $2,300 $2,150

Frequently Asked Questions - Memorial Average Rents

What is the average rent price in Memorial, Houston, TX?
The average monthly rental price for Memorial, Houston, TX apartments for rent is approximately $2,750. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Memorial, Houston, TX rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Memorial, Houston, TX.
How much is a studio apartment in Memorial, Houston, TX?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Memorial.
How much is a one bedroom apartment in Memorial, Houston, TX?
The average monthly rental price for one bedroom apartments is $1,780 and an average price per square feet of $2.07. There are a total of 14 one bedroom apartment listings currently available for rent in Memorial.
How much is a two bedroom apartment in Memorial, Houston, TX?
The average monthly rental price for two bedroom apartments is $2,500 and an average price per square feet of $1.68. There are a total of 21 two bedroom apartment listings currently available for rent in Memorial.
How have rent prices in Memorial, Houston, TX changed this year?
Rent prices for rentals in Memorial, Houston, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.08%, one bedroom rental prices have changed by 0.01%, two bedroom rental prices have changed by 0.08%, and three bedroom rental prices have changed by -0.11% year-over-year.
What is a reasonable rent price in Memorial, Houston, TX?
A reasonable rent price in Memorial, Houston, TX is around $2,200/month. You can search for these reasonably priced rental listings on RentHop.
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