Downtown, Houston, TX Rental Market Trends
Average rent in Downtown, Houston, TX by Number of Bedrooms
The average rent for an apartment listing in Downtown, Houston, TX ranges from $1,540 ($2.67 per sqft) for studios to $9,690 ($3.72 per sqft) for 3BR units in Downtown, Houston, TX. The chart below shows the average rent in Downtown, Houston, TX for apartments by number of bedrooms:
Average apartment size in Downtown, Houston, TX
The average apartment size in Downtown, Houston, TX is 1,014 sqft, which is 1% above the U.S. national average apartment size of 1,003 sqft. This graph illustrates average size in Downtown, Houston, TX for each unit type:
Average Rent in Houston, TX by Neighborhood
There are 66 neighborhoods in Houston, TX . Downtown is the most expensive neighborhood, with an average rent of $2,545 ($2.77 per sqft), and Golfcrest - Bellfort - Reveille is the most affordable neighborhood in Houston, TX , with an average rent of $695 ($1.05 per sqft). The following tables show the Top 5 neighborhoods in Houston, TX by average rent and the top 5 most affordable neighborhoods in Houston, TX by average rent:
Top 5 most expensive neighborhoods in Houston, TX by average rent:
Top 5 most affordable neighborhoods in Houston, TX by average rent:
Average Rent in Houston, TX by Zip Code
There are 101 zip codes in Houston, TX . 77010 is the most expensive zip code, with an average rent of $3,160 ($3.31 per sqft), and 77061 is the most affordable zip code in Houston, TX , with an average rent of $695 ($1.05 per sqft). The following tables show the Top 5 zip codes in Houston, TX by average rent and the top 5 most affordable zip codes in Houston, TX by average rent:
Top 5 most expensive zip codes in Houston, TX by average rent:
Top 5 most affordable zip codes in Houston, TX by average rent:
Average Apartment Listing Volume and Average Time on Market in Downtown, Houston, TX
Average number of days on market in Downtown, Houston, TX
The average listing remains on the market for 12 days in Downtown, Houston, TX. This is greater than the national average time on market of 10 days for apartment listings. The chart below shows how many units remain on the market by number of days in Downtown, Houston, TX:
Available Apartments in Downtown, Houston, TX by Unit Type
On May 28, 2023 Hello Data, Inc. surveyed 651 active apartment listings in Downtown, Houston, TX. The graph below shows the breakdown of multifamily units listed by bedroom count:
Frequently Asked Questions – Downtown, Houston, TX Average Rents
What are the most affordable neighborhoods in Houston, TX?
The most affordable neighborhoods in Houston, TX are Golfcrest - Bellfort - Reveille, where the average rent is $695 ($1.05 per sqft) and Ost - South Union, where renters pay $750 ($1.28 per sqft) per month on average.
What are the most expensive neighborhoods in Houston, TX?
The most expensive neighborhoods in Houston, TX are Downtown, with an average rent of $2,545 ($2.77 per sqft) and Binz, with an average rent of $2,331 ($2.00 per sqft) per month.
What are the most popular neighborhoods in Houston, TX?
The most popular neighborhoods in Houston, TX are Eldridge - West Oaks, with 2394 active listings as of May 28, 2023 and Greater Uptown, with 1158 active listings as of May 28, 2023.
How much is a Studio apartment in Downtown, Houston, TX?
The average monthly rental price for Studio apartments in Downtown, Houston, TX is $1,540 ($2.67 per sqft).
How much is a 1 Bedroom apartment in Downtown, Houston, TX?
The average monthly rental price for 1 Bedroom apartments in Downtown, Houston, TX is $2,281 ($2.58 per sqft).
How much is a 2 Bedroom apartment in Downtown, Houston, TX?
The average monthly rental price for 2 Bedroom apartments in Downtown, Houston, TX is $2,965 ($2.30 per sqft).
How much is a 3 Bedroom apartment in Downtown, Houston, TX?
The average monthly rental price for 3 Bedroom apartments in Downtown, Houston, TX is $9,690 ($3.72 per sqft).