Average Rent in 77316, Montgomery, TX

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Current Versus Historical 77316, Montgomery, TX Rents

77316 rentals average $0 for a studio rental to $2,600 for a 4-bedroom rental. The median price of all currently available listings is $1,775, or roughly $2 per square feet.
For the apartment units and housing in May 2024, median rents have risen over the last year. Studio rentals prices have increased by $137 (6.07%) year-over-year from $2,263 to $2,400. 1-bedroom rentals prices have increased by $82 (6.19%) year-over-year from $1,325 to $1,407. 2-bedroom rentals prices have increased by $1,214 (117.86%) year-over-year from $1,030 to $2,244. 3-bedroom rentals prices have decreased by $34 (-1.69%) year-over-year from $1,984 to $1,950. 4-bedroom rentals prices have decreased by $16 (-0.65%) year-over-year from $2,516 to $2,500. 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 0.00% this month. 1-bedroom rents have gone down by 3.08% this month. 2-bedroom rents have gone up by 15.18% this month. 3-bedroom rents have gone up by 6.36% this month. 4-bedroom rents have gone down by 6.25% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.07 $1,407 $1,325 (6.19%) $1,037 (35.74%)
2 BR $1.89 $2,244 $1,030 (117.86%) $1,250 (79.52%)
3 BR $1.30 $1,950 $1,984 (-1.69%) $1,946 (0.21%)
4+ BR $1.30 $2,500 $2,516 (-0.65%) $2,040 (22.55%)

Historical Rents in 77316, Montgomery, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 77316

There are a total of 6 cities nearby 77316. The average rent in 77316 is currently $1,938 per month. Only one city nearby has an average rent lower than that. Our records show that Huntsville, TX, with an average rent of $1,500, is the most affordable city nearby. In contrast, the most expensive city near 77316, Montgomery, TX is The Woodlands, TX. Monthly rents here are on average $2,600 per month.

Let's compare 77316, Montgomery, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 14.99% more expensive. Two bedrooms in 77316, Montgomery, TX are about 27.51% more expensive. Finally, rent for three bedrooms are about 7.26% more affordable. Want more information? Check out the top 6 cities near 77316, Montgomery, TX in the following chart.
City Studio 1 Bed 2 Bed All
Huntsville, TX N/A $800 $1,200 $1,500
Conroe, TX N/A $1,301 $1,565 $1,798
Houston, TX $1,338 $1,290 $1,700 $1,900
Spring, TX N/A N/A $1,400 $1,975
Atascocita, TX N/A $1,620 $2,030 $2,250
The Woodlands, TX $2,025 $1,325 $2,195 $2,600

Top Neighborhoods Near 77316

There are a total of 11 neighborhoods in or near 77316. Some of these neighborhoods include Greater Inwood, Spring Branch West, and Kingwood. We've included all of these top 11 neighborhoods in or near 77316, Montgomery, TX in the following chart.

The average rent for these 11 neighborhoods in or near 77316, Montgomery, TX is currently around $2,216 per month. A total of 3 neighborhoods have a lower average rent. Meaning, only eight neighborhoods have a higher average rent than $2,216. Interestingly, the neighborhoods' average rent is higher than 77316's average rent, which is only $1,775. Out of all the neighborhoods in or near 77316, Greater Inwood has the most affordable average rent at $1,250 per month. Whereas, at $2,500 average rent per month, Sterling Ridge is the most expensive neighborhood in or near 77316. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Greater Inwood, Houston, TX N/A $950 $1,100 $1,250
Spring Branch West, Houston, TX N/A $1,119 $1,500 $1,600
Kingwood, Houston, TX N/A $1,208 $1,526 $1,632
Northside Village, Houston, TX $2,710 $1,100 $1,500 $2,000
Independence Heights, Houston, TX N/A $1,275 $1,450 $2,200
Grogan's Mill, The Woodlands, TX N/A N/A $2,250 $2,216
Acres Home, Houston, TX $2,200 N/A $1,150 $2,350
Oak Forest - Garden Oaks, Houston, TX N/A $1,291 $1,549 $2,375
Alden Bridge, The Woodlands, TX N/A N/A $2,625 $2,400
Greater Heights, Houston, TX $1,633 $1,297 $2,288 $2,500
Sterling Ridge, The Woodlands, TX N/A $1,365 $1,705 $2,500

Top Counties Near 77316

There are a total of 11 counties located by 77316, Montgomery, TX. Some of these counties include Huntsville, TX, Willis, TX, and Montgomery, TX. The average rent for rentals in these counties is $2,100. 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 Huntsville, TX. It's average rent per month is $1,500. Vice versa, with an average rent of $3,000, Brookshire, TX is the most expensive county by 77316, Montgomery, TX.

Typically, rent for studios in 77316, Montgomery, TX is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 77316, Montgomery, TX is 31.17% more expensive than other counties nearby. Finally, rent for two bedrooms in 77316, Montgomery, TX is 33.50% more expensive than other counties nearby. We've listed the top 9 counties in the chart below.
County Studio 1 Bed 2 Bed All
Huntsville, TX N/A $800 $1,200 $1,500
Willis, TX $750 $1,500 $1,490 $1,700
Montgomery, TX N/A $1,509 $2,075 $1,950
Houston, TX $1,383 $1,295 $1,700 $1,999
Magnolia, TX $2,200 $1,025 $1,125 $2,100
Southeast Montgomery, TX $1,950 $1,245 $1,620 $2,100
South Brazos, TX N/A $600 $1,745 $2,125
Northwest Harris, TX $2,650 $1,049 $1,498 $2,250
Brookshire, TX $825 N/A N/A $3,000

Top Zipcodes Near 77316

There are a total of 33 zipcodes in or near 77316, Montgomery, TX. The average rent for all of these zipcodes is $2,200. 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 77090, Northwest Harris, TX at $1,250 per month. In comparison, the zipcode with the most expensive average rent of $3,000 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 77316, Montgomery, TX is $1,220 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,650 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in 77316, Montgomery, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
77380, The Woodlands, TX $2,025 $1,870 $2,250 $2,300
77304, Conroe, TX N/A $1,350 $1,614 $1,950
77084, Houston, TX N/A $1,095 $1,600 $2,100
77008, Houston, TX $1,633 $1,298 $2,600 $3,000
77433, Northwest Harris, TX N/A $1,721 $2,240 $2,800
77070, Northwest Harris, TX N/A N/A $1,650 $2,000
77090, Northwest Harris, TX N/A $999 $1,255 $1,250
77449, Houston, TX N/A $2,075 $1,988 $2,190
77379, Northwest Harris, TX N/A $1,145 $1,700 $2,300
77055, Houston, TX N/A $795 $1,600 $2,413

Frequently Asked Questions - 77316 Average Rents

What is the average rent price in 77316, Montgomery, TX?
The average monthly rental price for 77316, Montgomery, TX apartments for rent is approximately $1,775. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 77316, Montgomery, 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 77316, Montgomery, TX.
How much is a studio apartment in 77316, Montgomery, 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 1 studio apartment listings currently available for rent in 77316.
How much is a one bedroom apartment in 77316, Montgomery, TX?
The average monthly rental price for one bedroom apartments is $1,524 and an average price per square feet of $2.07. There are a total of 63 one bedroom apartment listings currently available for rent in 77316.
How much is a two bedroom apartment in 77316, Montgomery, TX?
The average monthly rental price for two bedroom apartments is $2,252 and an average price per square feet of $1.89. There are a total of 45 two bedroom apartment listings currently available for rent in 77316.
How have rent prices in 77316, Montgomery, TX changed this year?
Rent prices for rentals in 77316, Montgomery, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.06%, one bedroom rental prices have changed by 0.06%, two bedroom rental prices have changed by 1.18%, and three bedroom rental prices have changed by -0.02% year-over-year.
What is a reasonable rent price in 77316, Montgomery, TX?
A reasonable rent price in 77316, Montgomery, TX is around $1,420/month. You can search for these reasonably priced rental listings on RentHop.
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