Average Rent in Downtown Houston, Houston, TX

Current Versus Historical Downtown Houston, Houston, TX Rents

Downtown Houston rentals average $1,531 for a studio rental to $4,875 for a 4-bedroom rental. The median price of all currently available listings is $2,423, or roughly $2 per square feet.

For the apartment units and housing in April 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $201 (12.75%) year-over-year from $1,577 to $1,778. 1-bedroom rentals prices have increased by $219 (12.30%) year-over-year from $1,781 to $2,000. 2-bedroom rentals prices have increased by $244 (8.74%) year-over-year from $2,793 to $3,038. 3-bedroom rentals prices have increased by $171 (3.51%) year-over-year from $4,868 to $5,039. 4-bedroom rentals prices have increased by $3,441 (139.93%) year-over-year from $2,459 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 up by 2.67% this month. 1-bedroom rents have gone up by 1.59% this month. 2-bedroom rents have gone up by 1.31% this month. 3-bedroom rents have gone up by 11.46% this month. 4-bedroom rents have gone down by 1.94% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.48	$1,778	$1,577 (12.75%)	$1,505 (18.09%)
1 BR	$2.25	$2,000	$1,781 (12.30%)	$2,325 (-13.99%)
2 BR	$2.18	$3,038	$2,793 (8.74%)	$3,365 (-9.73%)
3 BR	$2.41	$5,039	$4,868 (3.51%)	$3,508 (43.63%)
4+ BR	$1.51	$5,900	$2,459 (139.93%)	$5,568 (5.96%)

Historical Rents in Downtown Houston, Houston, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Downtown Houston

There are a total of 18 cities nearby Downtown Houston. The average rent in Downtown Houston is currently $1,873 per month. A total of 17 cities nearby have an average rent lower than that. Our records show that Beaumont, TX, with an average rent of $1,045, is the most affordable city nearby. In contrast, the most expensive city near Downtown Houston, Houston, TX is The Woodlands, TX. Monthly rents here are on average $2,500 per month.

Let's compare Downtown Houston, Houston, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 39.87% more expensive. Two bedrooms in Downtown Houston, Houston, TX are about 51.52% more expensive. Finally, rent for three bedrooms are about 61.86% more expensive. Want more information? Check out the top 10 cities out of 18 total cities near Downtown Houston, Houston, TX in the following chart.

City	Studio	1 Bed	2 Bed	All
Pasadena, TX	$1,700	$925	$1,293	$1,373
Baytown, TX	$750	$990	$1,317	$1,480
Houston, TX	$1,223	$1,293	$1,714	$1,800
Spring, TX	N/A	$1,319	$1,603	$1,850
League City, TX	N/A	$1,197	$1,510	$1,950
Atascocita, TX	N/A	$1,605	$2,005	$2,150
Sugar Land, TX	N/A	$1,510	$1,850	$2,250
Missouri City, TX	N/A	$1,264	$1,687	$2,251
Pearland, TX	N/A	$1,217	$1,690	$2,300
The Woodlands, TX	$1,598	$1,284	$1,850	$2,500

Top Neighborhoods Near Downtown Houston

There are a total of 45 neighborhoods in or near Downtown Houston. Some of these neighborhoods include Greater Inwood, Sharpstown, and South Main. We've included the top 30 neighborhoods out of 45 total neighborhoods in or near Downtown Houston, Houston, TX in the following chart.

The average rent for these 30 neighborhoods in or near Downtown Houston, Houston, TX is currently around $1,818 per month. A total of 41 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Downtown Houston, Greater Greenspoint has the most affordable average rent at $945 per month. Whereas, at $2,599 average rent per month, The Museum District is the most expensive neighborhood in or near Downtown Houston. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Greater Inwood, Houston, TX	N/A	$875	$1,050	$1,163
Sharpstown, Houston, TX	$671	$958	$1,300	$1,300
South Main, Houston, TX	$986	$1,074	$1,339	$1,395
Astrodome, Houston, TX	N/A	$1,000	$1,550	$1,400
Greater Eastwood, Houston, TX	$780	$963	$1,750	$1,450
Woodlake - Briar Meadow, Houston, TX	$787	$1,129	$1,600	$1,550
Braeswood Place, Houston, TX	$1,078	$1,358	$1,999	$1,591
MacGregor, Houston, TX	N/A	$1,070	$1,425	$1,600
OST - South Union, Houston, TX	$795	$950	$1,300	$1,650
Greenway - Upper Kirby, Houston, TX	$1,351	$1,361	$2,000	$1,700
Northside Village, Houston, TX	$1,283	$1,100	$1,550	$1,740
Sunnyside, Houston, TX	N/A	$848	$1,600	$1,800
Neartown - Montrose, Houston, TX	$1,104	$1,453	$2,350	$1,815
Fourth Ward, Houston, TX	N/A	$1,426	$2,005	$1,849
Great Uptown, Houston, TX	$1,376	$1,486	$1,959	$1,853
Second Ward, Houston, TX	$1,550	$1,200	$2,000	$1,900
University Place, Houston, TX	$1,150	$1,434	$2,048	$1,975
Central Southwest, Houston, TX	N/A	$1,251	$1,400	$1,975
Midtown, Houston, TX	$1,386	$1,586	$2,195	$2,044
Independence Heights, Houston, TX	N/A	$1,250	$1,500	$2,100
South Acres - Crestmont Park, Houston, TX	N/A	$1,380	$850	$2,100
Greater Third Ward, Houston, TX	$725	$1,048	$1,300	$2,180
Greater Fifth Ward, Houston, TX	$699	$1,000	$1,175	$2,225
Washington Avenue - Memorial Park, Houston, TX	$1,348	$1,573	$2,240	$2,240
Memorial, Houston, TX	$1,303	$1,494	$2,275	$2,249
Acres Home, Houston, TX	$1,850	$1,241	$1,200	$2,300
Oak Forest - Garden Oaks, Houston, TX	$1,601	$1,025	$1,406	$2,363
Spring Branch Central, Houston, TX	$1,154	$990	$1,300	$2,450
Greater Heights, Houston, TX	$1,353	$1,398	$2,250	$2,500
The Museum District, Houston, TX	$1,208	$1,869	$2,211	$2,599

Top Counties Near Downtown Houston

There are a total of 45 counties located by Downtown Houston, Houston, TX. Some of these counties include Pasadena, TX, Baytown, TX, and Southeast Harris, TX. The average rent for rentals in these counties is $1,881. That's roughly around $1 per sqft. A total of 22 counties have a lower average rent. The county that is the most affordable is Beaumont, TX. It's average rent per month is $1,045. Vice versa, with an average rent of $2,550, Fulshear-Simonton, TX is the most expensive county by Downtown Houston, Houston, TX.

Typically, rent for studios in Downtown Houston, Houston, TX is 43.16% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Downtown Houston, Houston, TX is 46.07% more expensive than other counties nearby. Finally, rent for two bedrooms in Downtown Houston, Houston, TX is 53.57% 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	$900	$1,177	$1,287
Baytown, TX	$750	$935	$1,229	$1,450
Southeast Harris, TX	$870	$972	$1,275	$1,550
Texas City-League City, TX	$600	$1,140	$1,494	$1,750
Houston, TX	$1,235	$1,292	$1,700	$1,881
Northeast Harris, TX	$1,925	$967	$1,425	$2,100
Northwest Harris, TX	$1,703	$1,106	$1,450	$2,100
Alvin-Pearland, TX	$750	$985	$1,480	$2,114
Stafford-Missouri City, TX	$1,483	$1,348	$1,485	$2,251
Sugar Land, TX	N/A	$1,461	$1,850	$2,373

Top Zipcodes Near Downtown Houston

There are a total of 50 zipcodes in or near Downtown Houston, Houston, TX. The average rent for all of these zipcodes is $1,948. A total of 45 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 77060, Houston, TX at $950 per month. In comparison, the zipcode with the most expensive average rent of $2,850 per month is 77389, Northwest Harris, TX.

Studios in these zipcodes have an average rent of $889. That's at least $2 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Downtown Houston, Houston, TX is $1,204 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,646 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Downtown Houston, Houston, TX. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
77002, Houston, TX	$1,456	$1,805	$2,623	$2,110
77004, Houston, TX	$1,095	$1,256	$1,550	$1,950
77006, Houston, TX	$1,181	$1,450	$2,390	$1,645
77009, Houston, TX	$1,092	$1,150	$1,750	$2,150
77007, Houston, TX	$1,439	$1,564	$2,232	$2,215
77019, Houston, TX	$1,377	$1,577	$2,344	$1,953
77098, Houston, TX	$1,254	$1,415	$2,048	$1,980
77030, Houston, TX	$1,150	$1,454	$1,950	$1,779
77008, Houston, TX	$1,381	$1,395	$2,348	$2,700
77027, Houston, TX	$1,489	$1,324	$2,000	$1,860

Frequently Asked Questions - Downtown Houston Average Rents

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

The average monthly rental price for Downtown Houston, Houston, TX apartments for rent is approximately $2,423. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Downtown Houston, 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 Downtown Houston, Houston, TX.

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

The average monthly rental price for studio apartments is $1,531 and an average price per square feet of $2.48. There are a total of 22 studio apartment listings currently available for rent in Downtown Houston.

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

The average monthly rental price for one bedroom apartments is $1,910 and an average price per square feet of $2.25. There are a total of 89 one bedroom apartment listings currently available for rent in Downtown Houston.

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

The average monthly rental price for two bedroom apartments is $3,188 and an average price per square feet of $2.18. There are a total of 62 two bedroom apartment listings currently available for rent in Downtown Houston.

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

Rent prices for rentals in Downtown Houston, Houston, TX can fluctuate yearly. Specifically, studio rental prices have changed by 0.13%, one bedroom rental prices have changed by 0.12%, two bedroom rental prices have changed by 0.09%, and three bedroom rental prices have changed by 0.04% year-over-year.

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

A reasonable rent price in Downtown Houston, Houston, TX is around $1,938/month. You can search for these reasonably priced rental listings on RentHop.