The average apartment rent in Houston, TX: October 2022

Posted by:Aleksandr Belov Posted on:Oct 21,2022
Apartment rental prices in Houston in October 2022

Houston is the largest city in the United States and the state of Texas. The city ranks fourth in terms of population in the United States. The population of Houston is about 2.3 million people. The largest enterprises in the field of transport, healthcare and aeronautics are located in the city. Today it is a leading center of the energy industry. Despite the fact that Houston is one of the five largest cities in the US in terms of population, apartment rental prices remain affordable. In this article, we look at the average rental prices for one and two-bedroom apartments in Houston as of October 2022. The average rental price for a one-bedroom apartment is $1,330 per month. Rental prices for one-bedroom apartments are up 14.70% year on year. The average cost of renting a two-bedroom apartment in Houston is $1,610 per month (+8.80% year-on-year).

The cheapest neighborhoods in Houston include OST – South Union ($800/month for one-bedroom apartments), Greater Third Ward ($825/month) and Walden ($925/month).

The most expensive neighborhoods in Houston include Downtown Houston ($1,810/month), Midtown ($1,710/month) and Neartown – Montrose ($1,640/month).

Average rent for a 1-bedroom apartment in Houston, TX: October 2022

Average 1-bedroom rent price (October 2022) = $1,330/per month
Month-over-Month Price Change Rent (M/M %)
1.5%
Year-Over-Year Price Change Rent (Y/Y %), 1 bedroom
14.7%

Average rent for a 2-bedroom apartment in Houston, TX: October 2022

Average 2-bedroom rent price (October 2022) = $1,610/per month
Month-over-Month Price Change Rent (M/M %)
5.9%
Year-Over-Year Price Change Rent (Y/Y %), 2 bedroom
8.8%

The 3 Expensive Neighborhoods in Houston, TX: October 2022 (one-bedroom apartment)

1. Downtown Houston
$1,810/month
2. Midtown
$1,710/month
3. Neartown - Montrose
$1,640/month

The 3 Cheapest Neighborhoods in Houston, TX: October 2022 (one-bedroom apartment)

1. OST - South Union
$800/month
2. Greater Third Ward
$825/month
3. Walden
$925/month

Aleksandr Belov

Author and editor of the ultramodern-hotels.com blog

You must be logged in to post a comment