Cedar Hill, 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 Cedar Hill, Texas rental market.
Cedar Hill, Texas
Average Apartment Rent
$1,530
Y-o-Y Change in Average
Apartment Rent
0.2%
As of July 2024
Compared to a year ago, Cedar Hill, Texas apartments have recorded a 0.2% rent increase.
Cedar Hill, Texas Average apartment rent trend
Cedar Hill, Texas Average Apartment Rent
Cedar Hill, Texas Apartment rent ranges
At 51.76%, apartments priced $1,000 - $1,500 represent the bulk of Cedar Hill, Texas rentals, while condos priced Over $2,000 hold the lowest share of the market – 6.23%.
Cedar Hill, Texas Housing tenure**
Renters take up 30% of Cedar Hill, Texas real estate, occupying a total of 4,758 units, while homeowners live in 11,313 properties.
Median number of rooms of renter-occupied housing units**
4.5
Renter median household income**
$54,821
Average household size of renter-occupied housing units**
2.88
Rental vacancy rate**
1.8%
Cedar Hill, Texas Renter-occupied housing units by no. of bedrooms**
There are 1,807 rentals in Cedar Hill, Texas with 3 beds making up the highest share of the market, at 38%. Units with 5 or more beds, on the other hand, hold the lowest percentage (2%), amounting to 77 units. Overall, the median number of rooms in Cedar Hill, Texas homes for rent is 4.5.
Cedar Hill, Texas Renter-occupied units by age of householder**
Most condos for rent in Cedar Hill, Texas are occupied by residents in the 45 - 54 years age group (24%), followed by those in the 25 - 34 years age group (24%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 1%.
Cedar Hill, Texas Renter-occupied housing units by family type**
Cedar Hill, Texas Renter-occupied housing units by the presence of own children**
A total of 2,715 apartments for rent in Cedar Hill, Texas, or 57% of all rentals are family households. Additionally, 38% of rental homes include children under the age of 18 – that’s 1,809 units. All in all, the median size of a renter-occupied household in Cedar Hill, Texas is 2.88.
Cedar Hill, Texas Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 27% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Cedar Hill, Texas.
Cedar Hill, Texas Renter-occupied units by year structure built**
The highest share of Cedar Hill, Texas apartment rentals, namely 26% or 1,242 units, were Built 1990 - 1999, followed by those Built 2000 - 2009 (23%, 1,082 units), and the ones Built 1980 - 1989 (19%, 895 units).
Cedar Hill, Texas Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Cedar Hill, Texas renters (43%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Cedar Hill, Texas condos for rent is 2018.
Cedar Hill, Texas Renter-occupied housing units by vehicles available**
When it comes to transportation options, 47% of Cedar Hill, Texas renters have 1 vehicle available per household, 32% of them have 2 vehicles available, and 11% have 3 vehicles available.
Cedar Hill, Texas Means of transportation to work of householders living in renter-occupied housing units**
Cedar Hill, Texas Geographical mobility in the past year for householders living in renter-occupied housing units**
Cedar Hill, 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 Cedar Hill, 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
