Average Rent in 76502, Temple, TX

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Current Versus Historical 76502, Temple, TX Rents

76502 rentals average $898 for a studio rental to $1,995 for a 4-bedroom rental. The median price of all currently available listings is $1,995, or roughly $1 per square feet.
For the apartment units and housing in May 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $150 (30.00%) year-over-year from $500 to $650. 1-bedroom rentals prices have increased by $549 (47.09%) year-over-year from $1,166 to $1,715. 2-bedroom rentals prices have decreased by $338 (-23.48%) year-over-year from $1,438 to $1,100. 3-bedroom rentals prices have increased by $70 (3.93%) year-over-year from $1,780 to $1,850. 4-bedroom rentals prices have decreased by $103 (-4.92%) year-over-year from $2,098 to $1,995. 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 up by 8.33% this month. 1-bedroom rents have gone down by 8.62% this month. 2-bedroom rents have gone up by 2.84% this month. 3-bedroom rents have gone up by 2.40% this month. 4-bedroom rents have gone down by 4.16% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $0.28 $650 $500 (30.00%) $3,090 (-78.97%)
1 BR $2.26 $1,715 $1,166 (47.09%) $729 (135.19%)
2 BR $1.09 $1,100 $1,438 (-23.48%) $824 (33.50%)
3 BR $1.18 $1,850 $1,780 (3.93%) $1,538 (20.33%)
4+ BR $1.22 $1,995 $2,098 (-4.92%) $1,763 (13.19%)

Historical Rents in 76502, Temple, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 76502

There are a total of 3 cities nearby 76502. The average rent in 76502 is currently $1,350 per month. A total of 3 cities nearby have an average rent lower than that. Our records show that Killeen, TX, with an average rent of $1,300, is the most affordable city nearby. In contrast, the most expensive city near 76502, Temple, TX is Temple, TX. Monthly rents here are on average $1,850 per month.

Let's compare 76502, Temple, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 54.21% more expensive. Two bedrooms in 76502, Temple, TX are about 16.59% more expensive. Finally, rent for three bedrooms are about 25.46% more expensive. Want more information? Check out the top 3 cities near 76502, Temple, TX in the following chart.
City Studio 1 Bed 2 Bed All
Killeen, TX N/A $650 $850 $1,300
Harker Heights, TX N/A $785 $913 $1,350
Temple, TX N/A $982 $1,100 $1,850

Top Neighborhoods Near 76502



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near 76502

The average rent for rentals in these counties is $1,548. That's roughly around $1 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Killeen, TX. It's average rent per month is $1,300. Vice versa, with an average rent of $1,795, Temple, TX is the most expensive county by 76502, Temple, TX.

Typically, rent for studios in 76502, Temple, TX is 50.00% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 76502, Temple, TX is 51.68% more expensive than other counties nearby. Finally, rent for two bedrooms in 76502, Temple, TX is 9.16% more expensive than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Killeen, TX N/A $675 $875 $1,300
Temple, TX $898 $982 $1,113 $1,795

Top Zipcodes Near 76502

There are a total of 4 zipcodes in or near 76502, Temple, TX. The average rent for all of these zipcodes is $1,226. A total of 4 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 76541, Killeen, TX at $850 per month. In comparison, the zipcode with the most expensive average rent of $1,700 per month is 76542, Killeen, TX.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 76502, Temple, TX is $661 per month. Or in other words, $1 per sqft. Meanwhile, two bedroom apartments will cost you an average of $881 per month. Which comes out to $1 per sqft. The following chart includes the top 4 zipcodes in 76502, Temple, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
76543, Fort Hood, TX N/A $650 $825 $1,103
76548, Harker Heights, TX N/A $785 $913 $1,350
76542, Killeen, TX N/A N/A $1,008 $1,700
76541, Killeen, TX N/A $673 $850 $850

Frequently Asked Questions - 76502 Average Rents

What is the average rent price in 76502, Temple, TX?
The average monthly rental price for 76502, Temple, TX apartments for rent is approximately $1,995. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 76502, Temple, 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 76502, Temple, TX.
How much is a studio apartment in 76502, Temple, TX?
The average monthly rental price for studio apartments is $898 and an average price per square feet of $0.28. There are a total of 2 studio apartment listings currently available for rent in 76502.
How much is a one bedroom apartment in 76502, Temple, TX?
The average monthly rental price for one bedroom apartments is $1,715 and an average price per square feet of $2.26. There are a total of 2 one bedroom apartment listings currently available for rent in 76502.
How much is a two bedroom apartment in 76502, Temple, TX?
The average monthly rental price for two bedroom apartments is $1,094 and an average price per square feet of $1.09. There are a total of 3 two bedroom apartment listings currently available for rent in 76502.
How have rent prices in 76502, Temple, TX changed this year?
Rent prices for rentals in 76502, Temple, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.30%, one bedroom rental prices have changed by 0.47%, two bedroom rental prices have changed by -0.23%, and three bedroom rental prices have changed by 0.04% year-over-year.
What is a reasonable rent price in 76502, Temple, TX?
A reasonable rent price in 76502, Temple, TX is around $1,596/month. You can search for these reasonably priced rental listings on RentHop.
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