Buda, 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 Buda, Texas rental market.

Buda, Texas

Average Apartment Rent

$1,475

Y-o-Y Change in Average
Apartment Rent

-7.2%

As of November 2024

Compared to a year ago, Buda, Texas apartments have recorded a -7.2% rent decrease.

Buda, 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
Buda $1,582 $1,610 $1,613 $1,655 $1,645 $1,669 $1,590 $1,546 $1,500 $1,475
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Buda
National
Nov 2021
$1,582
$1,596
Mar 2022
$1,610
$1,635
Jul 2022
$1,613
$1,708
Nov 2022
$1,655
$1,726
Mar 2023
$1,645
$1,714
Jul 2023
$1,669
$1,739
Nov 2023
$1,590
$1,733
Mar 2024
$1,546
$1,727
Jul 2024
$1,500
$1,752
Nov 2024
$1,475
$1,748

Buda, Texas Average Apartment Rent

Buda, Texas Apartment rent ranges

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

At 62.02%, apartments priced $1,000 - $1,500 represent the bulk of Buda, Texas rentals, while condos priced Over $2,000 hold the lowest share of the market – 10.72%.

Buda, Texas Housing tenure**

Renter occupied housing units 1,572
Owner occupied housing units 4,123

Renters take up 28% of Buda, Texas real estate, occupying a total of 1,572 units, while homeowners live in 4,123 properties.

Median number of rooms of renter-occupied housing units**

3.3

Renter median household income**

$81,880

Average household size of renter-occupied housing units**

2.14

Buda, Texas Renter-occupied housing units by no. of bedrooms**

No bedrooms 55
1 bed 581
2 beds 429
3 beds 375
4 beds 132

There are 581 rentals in Buda, Texas with 1 bed making up the highest share of the market, at 37%. Units with No bedrooms, on the other hand, hold the lowest percentage (3%), amounting to 55 units. Overall, the median number of rooms in Buda, Texas homes for rent is 3.3.

Buda, Texas Renter-occupied units by age of householder**

15 - 24 years 119
25 - 34 years 329
35 - 44 years 380
45 - 54 years 240
60 - 64 years 202
65 - 74 years 225
75 - 84 years 77

Most condos for rent in Buda, Texas are occupied by residents in the 35 - 44 years age group (24%), followed by those in the 25 - 34 years age group (21%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 5%.

Buda, Texas Renter-occupied housing units by family type**

Family households 893
Non-Family Households 679

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

With related children of the householder under 18 516
No related children of the householder under 18 1,056

A total of 893 apartments for rent in Buda, Texas, or 57% of all rentals are family households. Additionally, 33% of rental homes include children under the age of 18 – that’s 516 units. All in all, the median size of a renter-occupied household in Buda, Texas is 2.14.

Buda, Texas Renter-occupied housing units by educational attainment**

Less than high school graduate 35
High school graduate (including equivalency) 214
Some college or associate's degree 538
Bachelor's degree or higher 785

In terms of education, renters holding bachelor degrees or higher make up 50% of the rental market. In contrast, residents with less than a high school degree reside in 2% of the homes for rent in Buda, Texas.

Buda, Texas Renter-occupied units by year structure built**

Built 2020 or later 24
Built 2010 - 2019 884
Built 2000 - 2009 546
Built 1990 - 1999 42
Built 1980 - 1989 76

The highest share of Buda, Texas apartment rentals, namely 56% or 884 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (35%, 546 units), and the ones Built 1980 - 1989 (5%, 76 units).

Buda, Texas Renter-occupied units by year householder moved in**

Moved in 2021 or later 411
Moved in 2018 to 2020 435
Moved in 2010 to 2017 709
Moved in 2000 to 2009 17

Median year renter moved into unit 2018

Most Buda, Texas renters (45%) moved in 2010 to 2017, while only 1% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Buda, Texas condos for rent is 2018.

Buda, Texas Renter-occupied housing units by vehicles available**

No vehicle available 105
1 vehicle available 509
2 or more vehicles available 958

When it comes to transportation options, 61% of Buda, Texas renters have 2 or more vehicles available per household, 32% of them have 1 vehicle available, and 7% have No vehicle available.

Buda, Texas Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 1,418
Car, truck, or van - carpooled 38
Taxicab, motorcycle, bicycle, or other means 40
Worked at home 284

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

Same house as 1 year ago 2,430
Moved within same county 526
Moved from different county within same state 164
Moved from different state 200

Buda, 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 Buda, 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

Check out rentals available in Buda, Texas