Big Spring, 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 Big Spring, Texas rental market.
Big Spring, Texas
Average Apartment Rent
$1,307
Y-o-Y Change in Average
Apartment Rent
-1.2%
As of March 2026
Compared to a year ago, Big Spring, Texas apartments have recorded a -1.2% rent decrease.
Big Spring, Texas Average apartment rent trend
Big Spring, Texas Average Apartment Rent
Big Spring, Texas Apartment rent ranges
At 40.57%, apartments priced $1,000 - $1,500 represent the bulk of Big Spring, Texas rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 8.57%.
Big Spring, Texas Housing tenure**
Renters take up 38% of Big Spring, Texas real estate, occupying a total of 3,381 units, while homeowners live in 5,468 properties.
Median number of rooms of renter-occupied housing units**
4.2
Renter median household income**
$41,784
Average household size of renter-occupied housing units**
2.23
Rental vacancy rate**
9.2%
Big Spring, Texas Renter-occupied housing units by no. of bedrooms**
There are 1,413 rentals in Big Spring, Texas with 2 beds making up the highest share of the market, at 42%. Units with No bedrooms, on the other hand, hold the lowest percentage (3%), amounting to 114 units. Overall, the median number of rooms in Big Spring, Texas homes for rent is 4.2.
Big Spring, Texas Renter-occupied units by age of householder**
Most condos for rent in Big Spring, Texas are occupied by residents in the 35 - 44 years age group (22%), followed by those in the 25 - 34 years age group (20%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.
Big Spring, Texas Renter-occupied housing units by family type**
Big Spring, Texas Renter-occupied housing units by the presence of own children**
A total of 1,653 apartments for rent in Big Spring, Texas, or 49% of all rentals are family households. Additionally, 37% of rental homes include children under the age of 18 – that’s 1,241 units. All in all, the median size of a renter-occupied household in Big Spring, Texas is 2.23.
Big Spring, Texas Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 12% of the rental market. In contrast, residents with less than a high school degree reside in 15% of the homes for rent in Big Spring, Texas.
Big Spring, Texas Renter-occupied units by year structure built**
The highest share of Big Spring, Texas apartment rentals, namely 23% or 761 units, were Built 1970 - 1979, followed by those Built 1960 - 1969 (18%, 616 units), and the ones Built 1950 - 1959 (13%, 436 units).
Big Spring, Texas Renter-occupied units by year householder moved in**
Median year renter moved into unit 2016
Most Big Spring, Texas renters (47%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Big Spring, Texas condos for rent is 2016.
Big Spring, Texas Renter-occupied housing units by vehicles available**
When it comes to transportation options, 58% of Big Spring, Texas renters have 1 vehicle available per household, 23% of them have 2 vehicles available, and 12% have No vehicle available.
Big Spring, Texas Means of transportation to work of householders living in renter-occupied housing units**
Big Spring, 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 Big Spring, 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