DataMarkets & Economy

Apartment List releases report on latest Houston rent trends

Despite rental price growth increasing across Texas, Houston's rates continue to fall
  • Houston was the no. 4 most expensive city in Texas for renters in September, behind Dallas, Plano and Austin.
  • Sugar Land was the metro's most expensive city for rent in September.
  • Houston's most expensive neighborhood for renters last month was Memorial.

Apartment List recently released its latest rent report for Houston, finding rent prices here decreased by 0.2 percent from August to September.

houston rent

Although Houston rents decreased 0.2 percent month-over-month in September, they were 1.8 percent higher on an annual basis. Median rent prices for Houston apartments were at $1,450 for a two-bedroom and $1,100 for a one-bedroom last month, making Houston the fourth most expensive city for renters in Texas, behind Dallas, Plano and Austin.

Houston metro

metro houston rent

If you’re looking for the most expensive city to rent in the Houston metro, Sugar Land is the place. Rents here were at $1,500 for a two-bedroom and $1,240 for a one-bedroom in September. The Woodlands was the second most expensive city for renters in the metro, with two-bedroom apartment rent prices at $1,490 per month. One-bedrooms in the Woodlands were at $1,130.

Most expensive neighborhood

houston-neighborhoods-bar

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Houston’s most expensive neighborhood for renters last month was Memorial, at $2,110 for a two-bedroom and $1,450 for a one-bedroom. Uptown was the third most expensive neighborhood for Houston renters, with two-bedrooms at $1,780.

 

For methodology and data for other neighborhoods and cities in Houston and the Houston metro, see Apartment List’s full report.

Yuki Graviet Knapp is a Content Marketing Associate with the Growth Team at Apartment List and is a resident of the Bay Area.