Last week, Apartment List released its May 2016 rent report for Houston. Over the past month, Houston rent experienced decreases and continues to be one of the most budget-friendly places to rent in Texas. Houston year-over-year rent growth at 0.8 percent Over the past month, Houston rent prices declined by an average of 0.2 percent. This led to a year-over-year rental price growth rate of about 0.8 percent, compared to Texas' overall growth rate of 3 percent. The median rent price for a two-bedroom in Houston right now is $1,500, and one-bedrooms are at $1,200. Houston and Sugar Land are metro's most expensive cities Houston and Sugar Land continue to have the highest rents in the Houston metro area. A two-bedroom apartment in Sugar Land has a median rent price of $1,450, and one-bedrooms are at $1,110. Although Sugar Land is only showing a 0.5 percent rent increase over the past year, its growth rate for last month alone was a whopping 10.1 percent. Conroe has fas...
- Over the past month, Houston rent prices declined by an average of 0.2 percent.
- Houston and Sugar Land continue to have the highest rents in the Houston metro area.
- Within the Houston metro, Conroe is the city experiencing the fastest rent increase on a year-over-year basis.
- Westchase is Houston's fastest-growing neighborhood when it comes to rent prices.