Alamo Heights, Texas Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Alamo Heights, Texas rental market.
Highlights
An apartment for rent in Alamo Heights, Texas typically goes for $1,491 per month, while a single-family home for rent in Alamo Heights, Texas has a monthly cost of around $2,310. Renter-occupied units make up 26% of the local housing market, while the rental vacancy rate in Alamo Heights, Texas is at 15.6.
Alamo Heights, Texas
Average Apartment Rent
$1,491
Y-o-Y Change in Average
Apartment Rent
4.7%
Average Single-Family Rent
$2,310
As of November 2024
Compared to a year ago, Alamo Heights, Texas apartments have recorded a 4.7% rent increase.
Alamo Heights, Texas Average apartment rent trend
Alamo Heights, Texas Average Apartment Rent
Alamo Heights, Texas Apartment rent ranges
At 50.08%, apartments priced $1,000 - $1,500 represent the bulk of Alamo Heights, Texas rentals, while condos priced $500 - $700 hold the lowest share of the market – 3.21%.
Alamo Heights, Texas Housing tenure**
Renters take up 26% of Alamo Heights, Texas real estate, occupying a total of 801 units, while homeowners live in 2,236 properties.
Median number of rooms of renter-occupied housing units**
4.1
Renter median household income**
$74,821
Average household size of renter-occupied housing units**
1.95
Rental vacancy rate**
15.6%
Alamo Heights, Texas Renter-occupied housing units by no. of bedrooms**
There are 386 rentals in Alamo Heights, Texas with 2 beds making up the highest share of the market, at 48%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 19 units. Overall, the median number of rooms in Alamo Heights, Texas homes for rent is 4.1.
Alamo Heights, Texas Renter-occupied units by age of householder**
Most condos for rent in Alamo Heights, Texas are occupied by residents in the 25 - 34 years age group (35%), followed by those in the 35 - 44 years age group (31%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
Alamo Heights, Texas Renter-occupied housing units by family type**
Alamo Heights, Texas Renter-occupied housing units by the presence of own children**
A total of 328 apartments for rent in Alamo Heights, Texas, or 41% of all rentals are family households. Additionally, 28% of rental homes include children under the age of 18 – that’s 227 units. All in all, the median size of a renter-occupied household in Alamo Heights, Texas is 1.95.
Alamo Heights, Texas Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 64% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Alamo Heights, Texas.
Alamo Heights, Texas Renter-occupied units by year structure built**
The highest share of Alamo Heights, Texas apartment rentals, namely 32% or 258 units, were Built 1960 - 1969, followed by those Built 1940 - 1949 (18%, 143 units), and the ones Built 1980 - 1989 (16%, 131 units).
Alamo Heights, Texas Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most Alamo Heights, Texas renters (49%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Alamo Heights, Texas condos for rent is 2019.
Alamo Heights, Texas Renter-occupied housing units by vehicles available**
When it comes to transportation options, 53% of Alamo Heights, Texas renters have 1 vehicle available per household, 43% of them have 2 vehicles available, and 2% have No vehicle available.
Alamo Heights, Texas Means of transportation to work of householders living in renter-occupied housing units**
Alamo Heights, Texas Geographical mobility in the past year for householders living in renter-occupied housing units**
Alamo Heights, Texas Average apartment rent by zip codes
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Alamo Heights, Texas apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates