Apartments in Fondren Gardens Houston

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8
$596
PER
ROOM
Newquay St
Houston, TX
1 BR | Available Now
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Heat Included
Furnished
Air Conditioning
Surface Parking
Balcony, Deck, Patio
17
$1,995
5830 Southminster Dr
Houston, TX
3 BR | Available Now
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How much does it cost to rent an apartment in Houston?

Houston Apartments
Bed Type Average Rent Range
Studio $1,400 $710 - $2,070
1BR $1,140 $740 - $2,110
2BR $1,450 $900 - $3,090
3BR $1,780 $1,080 - $5,870
4+BR $1,780 $810 - $4,560

Houston:
June Rent Report

Welcome to the June 2023 Houston Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2023 key findings and figures for the Houston rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Houston and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Houston average rent prices in the chart below.

Monthly Rent Report

Houston Rent Prices Increase From May to June

Houston rent prices increased over the last month. From May to June, the city experienced a 0.27% increase for the price of a one-bedroom apartment. The rent price for a Houston one-bedroom apartments currently stands at $1,123.0.

When we take a look at the two-bedroom comparison from May to June, Houston experienced a 0.48% increase for the price of a two-bedroom apartment. The rent price for a Houston two-bedroom apartments currently stands at $1,452.0.

June Prices: Houston vs. Surrounding Areas

Rent Prices in Houston and Surrounding Areas

Rent prices have increased in Houston over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the Houston suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Katy, TX, Tomball, TX, Humble, TX .

  • Rent decreased in Spring, TX, Pasadena, TX, Webster, TX.

  • 4 suburbs are currently priced higher than the city of Houston.

  • 2 suburbs are currently priced lower than the city of Houston.

June 2023 Pricing Trends: Houston vs. National Comparisons

Houston Rent Prices More Affordable Than Major Cities

Rent growth in Houston over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Houston average rent prices appear to be relatively affordable for local residents.

The price for a Houston one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Houston and surrounding area rent prices, take a look at the complete data set below.

Data set for Houston and suburbs

1 BR June 1 BR M/M % Change 2 BR June 2 BR M/M % Change
Houston, TX $1,120.0 0.45% $1,445.0 0.91%
Katy, TX $1,327.0 0.15% $1,711.0 0.35%
Spring, TX $1,247.0 -0.16% $1,536.0 -0.78%
Pasadena, TX $903.0 -0.77% $1,174.0 0.17%
Tomball, TX $1,223.0 0.74% $1,516.0 1.20%
Webster, TX $1,084.0 -0.73% $1,431.0 -0.69%
Humble, TX $1,140.0 0.53% $1,351.0 0.75%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.