Houston rent prices decreased over the past month
In Houston, rents decreased by 0.2% over the past month, and prices are now 3.2% lower than last year. 1-bedrooms in Houston have a median rent of $1,110, while 2-bedrooms cost $1,400.
Houston is the 5th most expensive city for renters
- Sugar Land: Sugar Land has the highest rent prices in the Houston metro. 2-bedrooms in Sugar Land cost $1,500, while 1-bedrooms rent for $1,260. Sugar Land also shows the metro’s fastest-growing rents, at a 9.7% increase over last year.
- The Woodlands: The Woodlands is the 3rd most expensive city for renters. A 2-bedroom there has a median rent of $1,420, and 1-beds run $1,070. Rents in The Woodlands have decreased by 5.6% over the past year.
- Pasadena: Pasadena has the 9th highest rents in the metro. Median rents in Pasadena are at $920 for 1-bedrooms and $1,220 for 2-bedrooms. Rents in Pasadena have decreased by 0.8% in the past year, and prices are down 0.5% in the last month.
Greater Heights is the most expensive neighborhood
- Greater Heights: Greater Heights is the most expensive neighborhood in Houston for renters. 2-bedrooms there rent for $1,880, and 1-bedrooms run $1,400. Rents have decreased by 7.7% in the past year, though rents grew by 2.8% over the past month.
- Eldridge - West Oaks: Despite a 0.6% decrease in rents over the last month, Eldridge - West Oaks has the 4th highest rents in Houston. 1- and 2-bedrooms there cost $960 and $1,280, respectively.
- Southbelt - Ellington: Southbelt - Ellington shows the fastest-growing rents in Houston, with prices 4.5% higher than last year. A 2-bedroom there rents for $1,010, and 1-beds have a median rent of $840. Rent growth was flat over the last month.
|Neighborhood||Median 1 BR price||Median 2 BR price||M/M price change||Y/Y price change|
|Spring Branch West||$1300||$1600||4.4%||-0.2%|
|Eldridge - West Oaks||$960||$1280||-0.6%||-6.1%|
|Woodlake - Briar Meadow||$1020||$1230||-1.9%||-1.7%|
|Southbelt - Ellington||$840||$1010||0.0%||4.5%|
Apartment List Rent Report data is drawn monthly from the millions of listings on our site. 1-bedroom and 2-bedroom rents are calculated as the median for units available in the specified size and time period. Price changes are calculated using a “same unit” methodology similar to the Case-Shiller “repeat sales” home prices methodology, taking the average price change for units available across both time periods.
About Rent Reports:
Apartment List’s Rent Reports cover rental pricing data in major cities, their suburbs, and their neighborhoods. We provide valuable leading indicators of rental price trends, highlight data on top cities, and identify the key facts renters should know. As always, our goal is to provide price transparency to America’s 105 million renters to help them make the best possible decisions in choosing a place to call home.