Average Rent in 77023, Houston, TX

Current Versus Historical 77023, Houston, TX Rents

77023 rentals average $820 for a studio rental to $1,600 for a 4-bedroom rental. The median price of all currently available listings is $1,450, or roughly $2 per square feet.

For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $129 (-13.59%) year-over-year from $949 to $820. 1-bedroom rentals prices have decreased by $1 (-0.09%) year-over-year from $951 to $950. 2-bedroom rentals prices have increased by $483 (39.65%) year-over-year from $1,217 to $1,700. 3-bedroom rentals prices have increased by $201 (9.34%) year-over-year from $2,149 to $2,350. 4-bedroom rentals prices have increased by $6 (0.36%) year-over-year from $1,594 to $1,600. 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 0.33% this month. 1-bedroom rents have gone down by 1.25% this month. 2-bedroom rents have gone up by 12.72% this month. 3-bedroom rents have gone up by 12.85% this month. 4-bedroom rents have gone down by 3.76% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.40	$820	$949 (-13.59%)	$808 (1.51%)
1 BR	$1.70	$950	$951 (-0.09%)	$776 (22.48%)
2 BR	$1.64	$1,700	$1,217 (39.65%)	$1,026 (65.72%)
3 BR	$1.44	$2,350	$2,149 (9.34%)	$1,758 (33.65%)
4+ BR	$1.13	$1,600	$1,594 (0.36%)	$2,209 (-27.55%)

Historical Rents in 77023, Houston, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 77023

There are a total of 15 cities nearby 77023. The average rent in 77023 is currently $1,900 per month. Only one city nearby has 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 77023, Houston, TX is The Woodlands, TX. Monthly rents here are on average $2,650 per month.

Let's compare 77023, Houston, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 36.84% more affordable. Two bedrooms in 77023, Houston, TX are about 4.55% more affordable. Finally, rent for three bedrooms are about 8.89% more expensive. Want more information? Check out the top 10 cities out of 15 total cities near 77023, Houston, TX in the following chart.

City	Studio	1 Bed	2 Bed	All
Baytown, TX	$750	$1,325	$1,742	$1,500
Pasadena, TX	$1,700	$850	$1,225	$1,600
Spring, TX	N/A	$1,319	$1,585	$1,877
Houston, TX	$1,275	$1,300	$1,750	$1,900
League City, TX	N/A	$1,274	$1,725	$2,145
Atascocita, TX	N/A	$1,620	$2,030	$2,250
Missouri City, TX	N/A	N/A	$2,200	$2,350
Sugar Land, TX	N/A	$1,850	$1,800	$2,350
Pearland, TX	N/A	$950	N/A	$2,400
The Woodlands, TX	$2,025	$1,350	$2,200	$2,650

Top Neighborhoods Near 77023

There are a total of 41 neighborhoods in or near 77023. Some of these neighborhoods include Alief, South Main, and Astrodome. We've included the top 30 neighborhoods out of 41 total neighborhoods in or near 77023, Houston, TX in the following chart.

The average rent for these 30 neighborhoods in or near 77023, Houston, TX is currently around $1,950 per month. A total of 7 neighborhoods have a lower average rent. Meaning, only twenty-three neighborhoods have a higher average rent than $1,950. Interestingly, the neighborhoods' average rent is higher than 77023's average rent, which is only $1,450. Out of all the neighborhoods in or near 77023, Alief has the most affordable average rent at $1,275 per month. Whereas, at $2,785 average rent per month, The Museum District is the most expensive neighborhood in or near 77023. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Alief, Houston, TX	N/A	$921	$1,154	$1,275
South Main, Houston, TX	N/A	$1,151	$1,339	$1,339
Astrodome, Houston, TX	N/A	$1,000	$1,500	$1,363
Sharpstown, Houston, TX	N/A	$1,000	$1,389	$1,400
Greater Fondren Southwest, Houston, TX	N/A	$900	$1,300	$1,408
Clear Lake, Houston, TX	N/A	$1,095	$1,350	$1,450
MacGregor, Houston, TX	N/A	$1,123	$1,425	$1,600
Braeswood Place, Houston, TX	N/A	$1,362	$2,111	$1,609
Kingwood, Houston, TX	N/A	$1,208	$1,496	$1,632
Second Ward, Houston, TX	$950	$1,223	$1,938	$1,648
Greenway - Upper Kirby, Houston, TX	N/A	$1,175	$1,825	$1,700
OST - South Union, Houston, TX	$1,173	$950	$1,225	$1,800
Fourth Ward, Houston, TX	N/A	$1,440	$2,005	$1,864
Great Uptown, Houston, TX	$1,695	$1,497	$1,950	$1,869
Woodlake - Briar Meadow, Houston, TX	N/A	$1,200	$1,750	$1,900
Neartown - Montrose, Houston, TX	$900	$1,455	$2,343	$1,950
Central Southwest, Houston, TX	N/A	$1,305	$1,752	$1,950
Eldridge - West Oaks, Houston, TX	N/A	$1,508	$1,733	$1,987
University Place, Houston, TX	$1,148	$1,475	$1,950	$2,048
Midtown, Houston, TX	$1,385	$1,645	$2,195	$2,076
Spring Branch West, Houston, TX	N/A	$1,119	$1,525	$2,100
Grogan's Mill, The Woodlands, TX	N/A	N/A	$2,250	$2,300
Acres Home, Houston, TX	$2,200	N/A	$1,200	$2,300
Oak Forest - Garden Oaks, Houston, TX	N/A	$1,171	$1,549	$2,350
Briarforest, Houston, TX	N/A	$1,525	$2,473	$2,415
Memorial, Houston, TX	N/A	$1,532	$2,500	$2,575
Greater Heights, Houston, TX	$1,550	$1,295	$2,225	$2,600
Downtown Houston, Houston, TX	$1,755	$2,068	$3,360	$2,600
Washington Avenue - Memorial Park, Houston, TX	N/A	$1,695	$2,335	$2,650
The Museum District, Houston, TX	$1,338	$2,009	$2,889	$2,785

Top Counties Near 77023

There are a total of 41 counties located by 77023, Houston, TX. Some of these counties include Pasadena, TX, Baytown, TX, and Houston, TX. The average rent for rentals in these counties is $2,095. That's roughly around $1 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Bryan-College Station, Bryan, TX. It's average rent per month is $1,400. Vice versa, with an average rent of $2,550, Fulshear-Simonton, TX is the most expensive county by 77023, Houston, TX.

Typically, rent for studios in 77023, Houston, TX is 3.60% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 77023, Houston, TX is 20.95% more affordable than other counties nearby. Finally, rent for two bedrooms in 77023, Houston, TX is 8.55% 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	$1,500
Baytown, TX	$750	$863	$1,248	$1,500
Houston, TX	$1,338	$1,305	$1,748	$1,990
Texas City-League City, TX	$600	$1,280	$1,509	$1,995
Northeast Harris, TX	$901	$900	$1,512	$2,095
Northwest Harris, TX	$2,500	$1,149	$1,563	$2,220
Southeast Harris, TX	N/A	$1,150	$1,385	$2,300
Stafford-Missouri City, TX	N/A	N/A	$1,475	$2,300
Alvin-Pearland, TX	$750	$925	$1,125	$2,350
Sugar Land, TX	N/A	$1,700	$1,915	$2,495

Top Zipcodes Near 77023

There are a total of 44 zipcodes in or near 77023, Houston, TX. The average rent for all of these zipcodes is $2,108. A total of 2 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 $1,253 per month. In comparison, the zipcode with the most expensive average rent of $2,995 per month is 77008, Houston, TX.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 77023, Houston, TX is $1,317 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,830 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in 77023, Houston, TX. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
77007, Houston, TX	N/A	$1,694	$2,335	$2,650
77006, Houston, TX	$913	$1,409	$2,532	$1,929
77077, Houston, TX	N/A	$1,474	$1,749	$2,329
77002, Houston, TX	$1,698	$1,830	$3,000	$2,133
77027, Houston, TX	$1,348	$1,240	$1,900	$1,815
77845, College Station, TX	N/A	$600	$1,113	$2,075
77056, Houston, TX	N/A	$1,600	$2,200	$1,850
77019, Houston, TX	$1,535	$1,606	$2,330	$1,978
77494, Fulshear-Simonton, TX	N/A	$1,495	$2,031	$2,600
77098, Houston, TX	$890	$1,175	$1,973	$1,996

Frequently Asked Questions - 77023 Average Rents

What is the average rent price in 77023, Houston, TX?

The average monthly rental price for 77023, Houston, TX apartments for rent is approximately $1,450. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 77023, 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 77023, Houston, TX.

How much is a studio apartment in 77023, Houston, TX?

The average monthly rental price for studio apartments is $820 and an average price per square feet of $2.40. There are a total of 5 studio apartment listings currently available for rent in 77023.

How much is a one bedroom apartment in 77023, Houston, TX?

The average monthly rental price for one bedroom apartments is $950 and an average price per square feet of $1.70. There are a total of 32 one bedroom apartment listings currently available for rent in 77023.

How much is a two bedroom apartment in 77023, Houston, TX?

The average monthly rental price for two bedroom apartments is $1,650 and an average price per square feet of $1.64. There are a total of 25 two bedroom apartment listings currently available for rent in 77023.

How have rent prices in 77023, Houston, TX changed this year?

Rent prices for rentals in 77023, Houston, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.14%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by 0.40%, and three bedroom rental prices have changed by 0.09% year-over-year.

What is a reasonable rent price in 77023, Houston, TX?

A reasonable rent price in 77023, Houston, TX is around $1,160/month. You can search for these reasonably priced rental listings on RentHop.