Apartments in Palestine

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2
$1,625 - 1,925
100 Overlook Way Palestine, TX
2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
In Unit Laundry
8
$1,050
Palestine, TX
2 BR | Available Now
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Dog Friendly
Cat Friendly
Fitness Center
Storage
Dishwasher
13
$2,000
Palestine, TX
3 BR | Available Now
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House
Air Conditioning
Dishwasher
1
$820 - 1,165
1020 Sugar Ln Palestine, TX
1 - 3 BR | Available Now
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11
$695 - 900
1020 Sugar Ln Palestine, TX
1 - 3 BR | Available Now
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Surface Parking
Storage
0
Call for Pricing
Texas, TN
Studio - 1 BR | Ask for Availability
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How much does it cost to rent an apartment in Palestine?

Palestine Apartments
Bed Type Average Rent Range
1BR $820 $700 - $850
2BR $1,630 $790 - $1,860
3BR $1,170 $900 - $2,000

Palestine:
March Rent Report

Welcome to the March 2024 Palestine Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2024 key findings and figures for the Palestine rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Palestine 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 Palestine average rent prices in the chart below.

Monthly Rent Report

$1,600
$1,200
$800
$400
$0
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR       2 BR

Palestine Rent Prices Increase From February to March

Palestine rent prices increased over the last month. From February to March, the city experienced a 1.94% increase for the price of a one-bedroom apartment. The rent price for a Palestine one-bedroom apartments currently stands at $1,106.0.

When we take a look at the two-bedroom comparison from February to March, Palestine experienced a 15.66% increase for the price of a two-bedroom apartment. The rent price for a Palestine two-bedroom apartments currently stands at $1,544.0.

March Prices: Palestine vs. Surrounding Areas

Rent Prices in Palestine and Surrounding Areas

Rent prices have increased in Palestine over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Palestine suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Palestine suburbs

  • Rents did not decrease in any of the Palestine suburbs.

March 2024 Pricing Trends: Palestine vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
$3,976
$3,029
$2,358
$2,336
$1,866
$1,310
$1,235
$1,124
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Palestine Rent Prices More Affordable Than Major Cities

Rent growth in Palestine 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, Palestine average rent prices appear to be relatively affordable for local residents.

The price for a Palestine 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 Palestine and surrounding area rent prices, take a look at the complete data set below.

Data set for Palestine and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change

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.