Alamo Heights, Texas Rental Market Trends

Disclaimer:

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

Median Rent Nov 2021 Mar 2022 Jul 2022 Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024
Alamo Heights $1,366 $1,439 $1,480 $1,487 $1,458 $1,455 $1,424 $1,513 $1,497 $1,491
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Alamo Heights
National
Nov 2021
$1,366
$1,596
Mar 2022
$1,439
$1,635
Jul 2022
$1,480
$1,708
Nov 2022
$1,487
$1,726
Mar 2023
$1,458
$1,714
Jul 2023
$1,455
$1,739
Nov 2023
$1,424
$1,733
Mar 2024
$1,513
$1,727
Jul 2024
$1,497
$1,752
Nov 2024
$1,491
$1,748

Alamo Heights, Texas Average Apartment Rent

Alamo Heights, Texas Apartment rent ranges

Under $500
$500 - $700
$700 - $1000
$1,000 - $1,500
$1,500 - $2,000
Over $2,000

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**

Renter occupied housing units 801
Owner occupied housing units 2,236

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**

No bedrooms 44
1 bed 268
2 beds 386
3 beds 61
4 beds 23
5 or more beds 19

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**

15 - 24 years 23
25 - 34 years 282
35 - 44 years 252
45 - 54 years 121
55 - 59 years 40
60 - 64 years 19
65 - 74 years 26
75 - 84 years 30
85 years and over 8

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**

Family households 328
Non-Family Households 473

Alamo Heights, Texas Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 227
No related children of the householder under 18 574

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**

High school graduate (including equivalency) 20
Some college or associate's degree 267
Bachelor's degree or higher 514

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**

Built 2020 or later 8
Built 2010 - 2019 9
Built 1980 - 1989 131
Built 1970 - 1979 127
Built 1960 - 1969 258
Built 1950 - 1959 33
Built 1940 - 1949 143
Built 1939 or earlier 92

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**

Moved in 2021 or later 138
Moved in 2018 to 2020 389
Moved in 2010 to 2017 201
Moved in 2000 to 2009 66
Moved in 1990 to 1999 7

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**

No vehicle available 20
1 vehicle available 422
2 vehicles available 342
3 or more vehicles available 17

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**

Car, truck, or van - drove alone 859
Car, truck, or van - carpooled 38
Worked at home 102

Alamo Heights, Texas Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 941
Moved within same county 328
Moved from different county within same state 179
Moved from different state 19
Moved from abroad 23

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

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