Selma, 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 Selma, Texas rental market.
Selma, Texas
Average Apartment Rent
$1,323
Y-o-Y Change in Average
Apartment Rent
-2.1%
As of June 2025
Compared to a year ago, Selma, Texas apartments have recorded a -2.1% rent decrease.
Selma, Texas Average apartment rent trend
Selma, Texas Average Apartment Rent
Selma, Texas Apartment rent ranges
At 80.66%, apartments priced $1,000 - $1,500 represent the bulk of Selma, Texas rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 1.03%.
Selma, Texas Housing tenure**
Renters take up 44% of Selma, Texas real estate, occupying a total of 1,730 units, while homeowners live in 2,192 properties.
Median number of rooms of renter-occupied housing units**
4.7
Renter median household income**
$78,988
Average household size of renter-occupied housing units**
2.74
Selma, Texas Renter-occupied housing units by no. of bedrooms**
There are 995 rentals in Selma, Texas with 3 beds making up the highest share of the market, at 58%. Units with 4 beds, on the other hand, hold the lowest percentage (1%), amounting to 22 units. Overall, the median number of rooms in Selma, Texas homes for rent is 4.7.
Selma, Texas Renter-occupied units by age of householder**
Most condos for rent in Selma, Texas are occupied by residents in the 25 - 34 years age group (24%), followed by those in the 45 - 54 years age group (23%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 2%.
Selma, Texas Renter-occupied housing units by family type**
Selma, Texas Renter-occupied housing units by the presence of own children**
A total of 1,192 apartments for rent in Selma, Texas, or 69% of all rentals are family households. Additionally, 47% of rental homes include children under the age of 18 – that’s 813 units. All in all, the median size of a renter-occupied household in Selma, Texas is 2.74.
Selma, Texas Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 41% of the rental market. In contrast, residents with less than a high school degree reside in 1% of the homes for rent in Selma, Texas.
Selma, Texas Renter-occupied units by year structure built**
The highest share of Selma, Texas apartment rentals, namely 50% or 871 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (28%, 490 units), and the ones Built 1990 - 1999 (15%, 263 units).
Selma, Texas Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Selma, Texas renters (46%) moved in 2010 to 2017, while only 6% of them moved in 2021 or later. Overall, the median year renters have occupied their Selma, Texas condos for rent is 2018.
Selma, Texas Renter-occupied housing units by vehicles available**
When it comes to transportation options, 46% of Selma, Texas renters have 2 vehicles available per household, 43% of them have 1 vehicle available, and 9% have 4 or more vehicles available.
Selma, Texas Means of transportation to work of householders living in renter-occupied housing units**
Selma, Texas Geographical mobility in the past year for householders living in renter-occupied housing units**
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 Selma, 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
