Average Rent in Texas

Home  »  TX

Current Versus Historical Texas Rents

Texas rentals average $1,600 for a studio rental to $2,650 for a 4-bedroom rental. The median price of all currently available listings is $2,145, 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 $242 (16.72%) year-over-year from $1,445 to $1,687. 1-bedroom rentals prices have increased by $236 (16.95%) year-over-year from $1,390 to $1,625. 2-bedroom rentals prices have increased by $272 (15.81%) year-over-year from $1,722 to $1,994. 3-bedroom rentals prices have increased by $202 (10.35%) year-over-year from $1,948 to $2,150. 4-bedroom rentals prices have increased by $133 (5.37%) year-over-year from $2,468 to $2,600. 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 7.77% this month. 1-bedroom rents have gone up by 8.38% this month. 2-bedroom rents have gone up by 8.06% this month. 3-bedroom rents have gone up by 5.93% this month. 4-bedroom rents have gone up by 2.65% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $1.60 $1,687 $1,445 (16.72%) $1,431 (17.92%)
1 BR $1.92 $1,625 $1,390 (16.95%) $1,459 (11.35%)
2 BR $1.55 $1,994 $1,722 (15.81%) $1,815 (9.84%)
3 BR $1.33 $2,150 $1,948 (10.35%) $1,715 (25.39%)
4+ BR $1.17 $2,600 $2,468 (5.37%) $2,150 (20.95%)

Historical Rents in Texas

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Texas

There are a total of 48 cities nearby Texas. The average rent in Texas is currently $2,328 per month. A total of 18 cities nearby have an average rent lower than that. Our records show that Albuquerque, NM, with an average rent of $1,285, is the most affordable city nearby. In contrast, the most expensive city near Texas is Aspen, CO. Monthly rents here are on average $35,000 per month.

Let's compare Texas's rent against other top cities nearby by bedroom size. Typically, rent for studios in Texas is 0.23% more affordable than other cities nearby. One bedrooms are about 17.76% more affordable. Two bedrooms in Texas are about 20.52% more affordable. Finally, rent for three bedrooms are about 19.79% more affordable. Want more information? Check out the top 10 cities out of 48 total cities near Texas in the following chart.
City Studio 1 Bed 2 Bed All
Lubbock, TX N/A $650 $950 $1,399
San Antonio, TX $923 $1,025 $1,450 $1,695
Corpus Christi, TX $2,250 $1,100 $1,250 $1,763
Oklahoma City, OK N/A $1,395 $1,600 $1,815
Houston, TX $1,338 $1,291 $1,700 $1,900
Fort Worth, TX $965 $1,295 $1,745 $2,200
Austin, TX $1,200 $1,425 $1,996 $2,295
Dallas, TX $1,780 $1,395 $2,299 $2,305
Plano, TX $1,692 $1,283 $2,075 $2,600
Frisco, TX $2,750 $1,373 $2,270 $2,900

Top Neighborhoods Near Texas

There are a total of 49 neighborhoods in or near Texas. Some of these neighborhoods include Rogers Park, Uptown, and Great Uptown. We've included the top 30 neighborhoods out of 49 total neighborhoods in or near Texas in the following chart.

The average rent for these 30 neighborhoods in or near Texas is currently around $3,050 per month. A total of 10 neighborhoods have a lower average rent. Meaning, only twenty neighborhoods have a higher average rent than $3,050. Interestingly, the neighborhoods' average rent is higher than Texas's average rent, which is only $2,145. Out of all the neighborhoods in or near Texas, Uptown has the most affordable average rent at $1,600 per month. Whereas, at $12,000 average rent per month, Pelican Bay is the most expensive neighborhood in or near Texas. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Rogers Park, Chicago, IL $1,188 $1,300 $1,750 $1,600
Uptown, Chicago, IL $1,325 $1,582 $2,600 $1,600
Great Uptown, Houston, TX $1,695 $1,500 $1,898 $1,887
Logan Square, Chicago, IL $1,185 $1,850 $1,825 $1,963
South Side, Corpus Christi, TX $2,619 $995 $1,250 $1,995
Lakeview, Chicago, IL $1,495 $1,945 $2,734 $2,100
Flamingo - Lummus, Miami Beach, FL $1,800 $2,250 $3,500 $2,300
Rhodes Ranch, Spring Valley, NV N/A $1,450 $1,580 $2,395
East Little Havana, Miami, FL $1,700 $1,988 $2,550 $2,400
Oakland Park, FL N/A $1,773 $2,200 $2,423
Mira Villas, Las Vegas, NV N/A N/A $1,885 $2,450
Dania Beach, FL N/A $1,800 $2,425 $2,850
Near North Side, Chicago, IL $1,775 $2,398 $3,667 $3,050
Coral Way, Miami, FL $1,800 $2,300 $2,963 $3,225
City Center, Miami Beach, FL $2,800 $3,200 $7,000 $3,300
Hallandale Beach, FL $1,775 $2,300 $3,400 $3,300
Downtown Miami, Miami, FL $2,675 $3,000 $4,250 $3,498
Media and Entertainment District, Miami, FL $2,500 $3,100 $4,400 $3,500
Upper East Side, Miami, FL $1,600 $2,275 $2,588 $3,500
Hollywood Beach - Quadoman, Hollywood, FL $2,400 $2,900 $4,500 $3,500
Lakewood Ranch, Myakka City, FL N/A N/A $3,075 $3,500
West Avenue, Miami Beach, FL $2,400 $3,207 $4,840 $3,581
Hollywood Lakes, Hollywood, FL $1,500 $1,900 $2,900 $3,800
Brickell, Miami, FL $3,000 $3,500 $5,000 $4,400
Edgewater, Miami, FL $1,900 $3,300 $5,416 $5,000
Park West, Miami, FL $3,625 $3,800 $5,600 $5,725
South Pointe, Miami Beach, FL $1,950 $3,900 $8,500 $7,200
Bal Harbour, FL $2,998 $3,900 $8,700 $8,350
Village of Key Biscayne, Key Biscayne, FL $14,200 $3,550 $7,000 $8,500
Northeast Coconut Grove, Miami, FL $2,400 $2,800 $7,775 $8,900

Top Counties Near Texas

There are a total of 49 counties located by Texas. Some of these counties include Lubbock, TX, Houston, TX, and Fort Worth, TX. The average rent for rentals in these counties is $2,574. That's roughly around $2 per sqft. A total of 8 counties have a lower average rent. The county that is the most affordable is Lubbock, TX. It's average rent per month is $1,400. Vice versa, with an average rent of $40,000, Aspen, CO is the most expensive county by Texas.

Typically, rent for studios in Texas is 2.34% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Texas is 30.37% more affordable than other counties nearby. Finally, rent for two bedrooms in Texas is 40.62% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Lubbock, TX N/A $650 $985 $1,400
Houston, TX $1,383 $1,295 $1,700 $1,995
Fort Worth, TX $999 $1,298 $1,650 $2,130
Northeast Dallas, Dallas, TX $1,500 $1,434 $2,199 $2,199
Austin, TX $1,200 $1,400 $2,000 $2,250
Southwest Dallas, TX $2,000 $1,470 $1,950 $2,350
Northeast Tarrant, TX $2,264 $1,215 $1,560 $2,395
Pilot Point-Aubrey, TX $2,695 N/A $2,250 $2,548
Plano, TX $1,400 $1,415 $2,157 $2,600
McKinney, TX $2,403 $1,383 $2,103 $2,645

Top Zipcodes Near Texas

There are a total of 49 zipcodes in or near Texas. The average rent for all of these zipcodes is $3,670. 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 75001, Addison, TX at $1,539 per month. In comparison, the zipcode with the most expensive average rent of $40,000 per month is 81611, Pitkin County, CO.

Studios in these zipcodes have an average rent of $1,635. That's at least $3 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Texas is $2,200 per month. Or in other words, $3 per sqft. Meanwhile, two bedroom apartments will cost you an average of $3,500 per month. Which comes out to $3 per sqft. The following chart includes the top 10 zipcodes in Texas. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
33139, Miami Beach, FL $2,490 $3,025 $6,900 $3,900
33160, North Miami Beach, FL $2,200 $2,300 $4,500 $5,000
33141, Miami Beach, FL $1,750 $2,400 $3,800 $3,200
33131, Miami, FL $2,975 $3,463 $5,200 $4,300
33009, Hallandale Beach, FL $1,775 $2,300 $3,475 $3,400
33132, Miami, FL $2,650 $3,200 $4,500 $3,850
33019, Hollywood, FL $2,425 $2,850 $4,500 $3,825
60657, Chicago, IL $1,495 $1,923 $2,760 $1,995
33414, Wellington, FL $18,500 $2,200 $2,550 $4,050
81611, Pitkin County, CO $4,200 $8,250 $18,000 $40,000

Frequently Asked Questions - Texas Average Rents

What is the average rent price in Texas?
The average monthly rental price for Texas apartments for rent is approximately $2,145. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Texas 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 Texas.
How much is a studio apartment in Texas?
The average monthly rental price for studio apartments is $1,600 and an average price per square feet of $1.60. There are a total of 1,551 studio apartment listings currently available for rent in Texas.
How much is a one bedroom apartment in Texas?
The average monthly rental price for one bedroom apartments is $1,295 and an average price per square feet of $1.92. There are a total of 4,186 one bedroom apartment listings currently available for rent in Texas.
How much is a two bedroom apartment in Texas?
The average monthly rental price for two bedroom apartments is $1,689 and an average price per square feet of $1.55. There are a total of 6,048 two bedroom apartment listings currently available for rent in Texas.
How have rent prices in Texas changed this year?
Rent prices for rentals in Texas can fluctuate yearly. Specifically, studio rental prices have changed by 0.17%, one bedroom rental prices have changed by 0.17%, two bedroom rental prices have changed by 0.16%, and three bedroom rental prices have changed by 0.10% year-over-year.
What is a reasonable rent price in Texas?
A reasonable rent price in Texas is around $1,716/month. You can search for these reasonably priced rental listings on RentHop.
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2024 RentHop.com™
Quantcast