Average Rent in University Place, Houston, TX

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Current Versus Historical University Place, Houston, TX Rents

University Place rentals average $1,150 for a studio rental to $6,000 for a 4-bedroom rental. The median price of all currently available listings is $1,975, 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 decreased by $379 (-25.90%) year-over-year from $1,464 to $1,085. 1-bedroom rentals prices have decreased by $228 (-13.84%) year-over-year from $1,645 to $1,417. 2-bedroom rentals prices have increased by $68 (3.16%) year-over-year from $2,144 to $2,212. 3-bedroom rentals prices have decreased by $3,664 (-38.03%) year-over-year from $9,634 to $5,970. 4-bedroom rentals prices have increased by $275 (5.37%) year-over-year from $5,125 to $5,400. 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 14.90% this month. 1-bedroom rents have gone down by 6.63% this month. 2-bedroom rents have gone up by 3.59% this month. 3-bedroom rents have gone up by 4.51% this month. 4-bedroom rents have gone down by 11.48% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.35 $1,085 $1,464 (-25.90%) $1,100 (-1.35%)
1 BR $1.81 $1,417 $1,645 (-13.84%) $1,456 (-2.70%)
2 BR $1.59 $2,212 $2,144 (3.16%) $1,923 (15.04%)
3 BR $2.01 $5,970 $9,634 (-38.03%) $5,799 (2.95%)
4+ BR $2.75 $5,400 $5,125 (5.37%) $5,000 (8.00%)

Historical Rents in University Place, Houston, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near University Place

There are a total of 18 cities nearby University Place. The average rent in University Place is currently $1,873 per month. A total of 12 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 University Place, Houston, TX is The Woodlands, TX. Monthly rents here are on average $2,500 per month.

Let's compare University Place, Houston, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 19.91% more expensive. Two bedrooms in University Place, Houston, TX are about 24.55% more expensive. Finally, rent for three bedrooms are about 59.90% more expensive. Want more information? Check out the top 10 cities out of 18 total cities near University Place, 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
Fulshear, TX N/A $1,744 $2,122 $2,148
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

Top Neighborhoods Near University Place

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

The average rent for these 30 neighborhoods in or near University Place, Houston, TX is currently around $1,818 per month. A total of 28 neighborhoods have a lower average rent. Meaning, only two neighborhoods have a higher average rent than $1,818. Out of all the neighborhoods in or near University Place, 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 University Place. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Sharpstown, Houston, TX $671 $958 $1,300 $1,300
Westchase, Houston, TX $846 $1,083 $1,399 $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 Fondren Southwest, Houston, TX N/A $883 $1,250 $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
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
Oak Forest - Garden Oaks, Houston, TX $1,601 $1,025 $1,406 $2,363
Downtown Houston, Houston, TX $1,531 $1,910 $3,188 $2,423
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 University Place

There are a total of 45 counties located by University Place, 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 13 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 University Place, Houston, TX.

Typically, rent for studios in University Place, Houston, TX is 24.35% more expensive than other counties nearby. In comparison, rent for one bedroom listings in University Place, Houston, TX is 28.17% more expensive than other counties nearby. Finally, rent for two bedrooms in University Place, Houston, TX is 27.73% 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
Houston, TX $1,235 $1,292 $1,700 $1,881
Northwest Harris, TX $1,703 $1,106 $1,450 $2,100
Northeast Harris, TX $1,925 $967 $1,425 $2,100
Alvin-Pearland, TX $750 $985 $1,480 $2,114
Rosenberg-Richmond, TX $5,413 $1,345 $2,095 $2,115
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 University Place

There are a total of 50 zipcodes in or near University Place, Houston, TX. The average rent for all of these zipcodes is $1,947. A total of 28 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 University Place, 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 University Place, Houston, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
77030, Houston, TX $1,150 $1,454 $1,950 $1,779
77098, Houston, TX $1,254 $1,415 $2,048 $1,980
77054, Houston, TX $1,076 $1,000 $1,463 $1,350
77006, Houston, TX $1,181 $1,450 $2,390 $1,645
77004, Houston, TX $1,095 $1,256 $1,550 $1,950
77025, Houston, TX $1,367 $1,324 $1,988 $1,709
77019, Houston, TX $1,377 $1,577 $2,344 $1,953
77027, Houston, TX $1,489 $1,324 $2,000 $1,860
77007, Houston, TX $1,439 $1,564 $2,232 $2,215
77002, Houston, TX $1,456 $1,805 $2,623 $2,110

Frequently Asked Questions - University Place Average Rents

What is the average rent price in University Place, Houston, TX?
The average monthly rental price for University Place, Houston, TX apartments for rent is approximately $1,975. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do University Place, 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 University Place, Houston, TX.
How much is a studio apartment in University Place, Houston, TX?
The average monthly rental price for studio apartments is $1,150 and an average price per square feet of $2.35. There are a total of 6 studio apartment listings currently available for rent in University Place.
How much is a one bedroom apartment in University Place, Houston, TX?
The average monthly rental price for one bedroom apartments is $1,434 and an average price per square feet of $1.81. There are a total of 27 one bedroom apartment listings currently available for rent in University Place.
How much is a two bedroom apartment in University Place, Houston, TX?
The average monthly rental price for two bedroom apartments is $2,048 and an average price per square feet of $1.59. There are a total of 17 two bedroom apartment listings currently available for rent in University Place.
How have rent prices in University Place, Houston, TX changed this year?
Rent prices for rentals in University Place, Houston, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.26%, one bedroom rental prices have changed by -0.14%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by -0.38% year-over-year.
What is a reasonable rent price in University Place, Houston, TX?
A reasonable rent price in University Place, Houston, TX is around $1,580/month. You can search for these reasonably priced rental listings on RentHop.
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