Average Rent in Memorial, Houston, TX

Current Versus Historical Memorial, Houston, TX Rents

Memorial rentals average $1,303 for a studio rental to $5,125 for a 4-bedroom rental. The median price of all currently available listings is $2,249, or roughly $2 per square feet.

For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $115 (7.49%) year-over-year from $1,540 to $1,655. 1-bedroom rentals prices have decreased by $284 (-15.92%) year-over-year from $1,784 to $1,500. 2-bedroom rentals prices have decreased by $215 (-8.74%) year-over-year from $2,454 to $2,239. 3-bedroom rentals prices have decreased by $1,479 (-36.25%) year-over-year from $4,079 to $2,600. 4-bedroom rentals prices have decreased by $1,017 (-17.63%) year-over-year from $5,767 to $4,750. 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 0.04% this month. 1-bedroom rents have gone down by 10.75% this month. 2-bedroom rents have gone down by 2.58% this month. 3-bedroom rents have gone down by 1.25% this month. 4-bedroom rents have gone down by 36.60% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.34	$1,655	$1,540 (7.49%)	$1,440 (14.94%)
1 BR	$2.12	$1,500	$1,784 (-15.92%)	$1,494 (0.42%)
2 BR	$1.76	$2,239	$2,454 (-8.74%)	$2,144 (4.45%)
3 BR	$1.61	$2,600	$4,079 (-36.25%)	$2,273 (14.41%)
4+ BR	$1.72	$4,750	$5,767 (-17.63%)	$4,000 (18.75%)

Historical Rents in Memorial, Houston, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Memorial

There are a total of 19 cities nearby Memorial. The average rent in Memorial is currently $1,850 per month. A total of 15 cities nearby have an average rent lower than that. Our records show that Beaumont, TX, with an average rent of $995, 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 $2,500 per month.

Let's compare Memorial, Houston, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 26.35% more expensive. Two bedrooms in Memorial, Houston, TX are about 33.83% more expensive. Finally, rent for three bedrooms are about 31.49% more expensive. Want more information? Check out the top 10 cities out of 19 total cities near Memorial, Houston, TX in the following chart.

City	Studio	1 Bed	2 Bed	All
Pasadena, TX	$1,700	$913	$1,299	$1,386
Houston, TX	$1,224	$1,289	$1,710	$1,800
Spring, TX	N/A	$1,319	$1,603	$1,850
League City, TX	N/A	$1,197	$1,505	$1,970
Atascocita, TX	N/A	$1,613	$2,020	$2,135
Fulshear, TX	N/A	$1,744	$2,122	$2,144
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	$1,243	$1,685	$2,300
The Woodlands, TX	$1,598	$1,284	$1,842	$2,500

Top Neighborhoods Near Memorial

There are a total of 45 neighborhoods in or near Memorial. Some of these neighborhoods include Greater Inwood, Sharpstown, and Westchase. We've included the top 30 neighborhoods out of 45 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 $1,805 per month. A total of 36 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Memorial, Greater Greenspoint has the most affordable average rent at $945 per month. Whereas, at $2,624 average rent per month, The Museum District is the most expensive neighborhood in or near Memorial. View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All
Greater Inwood, Houston, TX	N/A	$875	$1,050	$1,175
Sharpstown, Houston, TX	$671	$958	$1,300	$1,300
Westchase, Houston, TX	$846	$1,083	$1,399	$1,307
Astrodome, Houston, TX	N/A	$1,000	$1,550	$1,399
Greater Fondren Southwest, Houston, TX	N/A	$866	$1,250	$1,400
South Main, Houston, TX	$986	$1,074	$1,339	$1,422
Woodlake - Briar Meadow, Houston, TX	$787	$1,129	$1,600	$1,550
Braeswood Place, Houston, TX	$1,078	$1,354	$1,999	$1,591
Alief, Houston, TX	N/A	$890	$1,284	$1,650
MacGregor, Houston, TX	N/A	$1,045	$1,400	$1,660
Eldridge - West Oaks, Houston, TX	$897	$1,134	$1,581	$1,672
Greenway - Upper Kirby, Houston, TX	$1,351	$1,376	$2,000	$1,695
Northside Village, Houston, TX	$1,283	$1,050	$1,550	$1,729
Spring Branch West, Houston, TX	N/A	$1,119	$1,449	$1,800
Neartown - Montrose, Houston, TX	$1,104	$1,450	$2,350	$1,805
Fourth Ward, Houston, TX	N/A	$1,426	$2,005	$1,849
Great Uptown, Houston, TX	$1,376	$1,491	$1,955	$1,853
Energy Corridor, Houston, TX	$965	$1,093	$2,205	$1,950
Central Southwest, Houston, TX	N/A	$1,251	$1,400	$1,998
University Place, Houston, TX	$1,100	$1,434	$2,048	$2,000
Midtown, Houston, TX	$1,386	$1,571	$2,105	$2,017
Independence Heights, Houston, TX	N/A	$1,250	$1,500	$2,100
Briarforest, Houston, TX	$833	$1,200	$2,235	$2,200
Washington Avenue - Memorial Park, Houston, TX	$1,348	$1,564	$2,240	$2,232
Acres Home, Houston, TX	$1,850	$1,241	$1,200	$2,349
Oak Forest - Garden Oaks, Houston, TX	$1,601	$1,025	$1,365	$2,363
Spring Branch Central, Houston, TX	$1,154	$990	$1,654	$2,400
Downtown Houston, Houston, TX	$1,531	$1,910	$3,188	$2,423
Greater Heights, Houston, TX	$1,353	$1,395	$2,250	$2,475
The Museum District, Houston, TX	$1,208	$1,869	$2,222	$2,624

Top Counties Near Memorial

There are a total of 45 counties located by Memorial, Houston, TX. Some of these counties include Pasadena, TX, Southeast Harris, TX, and Houston, TX. The average rent for rentals in these counties is $1,880. That's roughly around $1 per sqft. A total of 19 counties have a lower average rent. The county that is the most affordable is Beaumont, TX. It's average rent per month is $995. 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 33.23% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Memorial, Houston, TX is 31.03% more expensive than other counties nearby. Finally, rent for two bedrooms in Memorial, Houston, TX is 36.25% 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	$1,211	$1,287
Southeast Harris, TX	$870	$972	$1,275	$1,550
Houston, TX	$1,236	$1,285	$1,700	$1,880
Northeast Harris, TX	$1,925	$967	$1,425	$2,095
Northwest Harris, TX	$1,703	$1,106	$1,450	$2,100
Magnolia, TX	$2,300	$1,030	$1,273	$2,106
Rosenberg-Richmond, TX	$5,413	$1,345	$2,095	$2,115
Stafford-Missouri City, TX	$1,483	$1,348	$1,485	$2,250
Sugar Land, TX	N/A	$1,461	$1,850	$2,383
Fulshear-Simonton, TX	$2,000	$1,709	$2,110	$2,550

Top Zipcodes Near Memorial

There are a total of 50 zipcodes in or near Memorial, Houston, TX. The average rent for all of these zipcodes is $1,942. 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 77060, Houston, TX at $950 per month. In comparison, the zipcode with the most expensive average rent of $2,773 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 Memorial, 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 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	$881	$995	$2,220	$1,600
77063, Piney Point Village, TX	$741	$1,200	$1,728	$1,700
77024, Hunters Creek Village, TX	$1,179	$1,582	$2,200	$1,950
77077, Houston, TX	$897	$1,192	$1,566	$1,836
77079, Houston, TX	$1,041	$1,282	$2,105	$2,015
77043, Houston, TX	N/A	$1,199	$1,550	$2,150
77080, Houston, TX	$1,154	$1,119	$1,449	$1,998
77057, Houston, TX	$1,313	$1,280	$1,852	$1,678
77055, Houston, TX	$1,186	$995	$1,500	$1,633
77082, Houston, TX	$917	$899	$1,250	$1,600

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 $2,249. 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 $1,303 and an average price per square feet of $2.34. There are a total of 3 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 $1,494 and an average price per square feet of $2.12. There are a total of 28 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 $2,275 and an average price per square feet of $1.76. There are a total of 32 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 0.07%, one bedroom rental prices have changed by -0.16%, two bedroom rental prices have changed by -0.09%, and three bedroom rental prices have changed by -0.36% year-over-year.

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

A reasonable rent price in Memorial, Houston, TX is around $1,799/month. You can search for these reasonably priced rental listings on RentHop.