Flower Mound, 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 Flower Mound, Texas rental market.
Flower Mound, Texas
Average Apartment Rent
$1,970
Y-o-Y Change in Average
Apartment Rent
1.3%
As of May 2026
Compared to a year ago, Flower Mound, Texas apartments have recorded a 1.3% rent increase.
Flower Mound, Texas Average apartment rent trend
Flower Mound, Texas Average Apartment Rent
Flower Mound, Texas Apartment rent ranges
At 39.45%, apartments priced $1,500 - $2,000 represent the bulk of Flower Mound, Texas rentals, while condos priced Under $1,000 hold the lowest share of the market – 0.76%.
Flower Mound, Texas Housing tenure**
Renters take up 17% of Flower Mound, Texas real estate, occupying a total of 4,613 units, while homeowners live in 22,404 properties.
Median number of rooms of renter-occupied housing units**
4.3
Renter median household income**
$83,938
Average household size of renter-occupied housing units**
2.22
Rental vacancy rate**
7.6%
Flower Mound, Texas Renter-occupied housing units by no. of bedrooms**
There are 1,261 rentals in Flower Mound, Texas with 2 beds making up the highest share of the market, at 27%. 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 Flower Mound, Texas homes for rent is 4.3.
Flower Mound, Texas Renter-occupied units by age of householder**
Most condos for rent in Flower Mound, Texas are occupied by residents in the 45 - 54 years age group (23%), followed by those in the 35 - 44 years age group (22%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 2%.
Flower Mound, Texas Renter-occupied housing units by family type**
Flower Mound, Texas Renter-occupied housing units by the presence of own children**
A total of 2,449 apartments for rent in Flower Mound, Texas, or 53% of all rentals are family households. Additionally, 29% of rental homes include children under the age of 18 – that’s 1,334 units. All in all, the median size of a renter-occupied household in Flower Mound, Texas is 2.22.
Flower Mound, Texas Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 53% of the rental market. In contrast, residents with less than a high school degree reside in 1% of the homes for rent in Flower Mound, Texas.
Flower Mound, Texas Renter-occupied units by year structure built**
The highest share of Flower Mound, Texas apartment rentals, namely 35% or 1,594 units, were Built 2010 - 2019, followed by those Built 1990 - 1999 (27%, 1,223 units), and the ones Built 1980 - 1989 (17%, 792 units).
Flower Mound, Texas Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most Flower Mound, Texas renters (50%) moved in 2018 to 2020, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Flower Mound, Texas condos for rent is 2019.
Flower Mound, Texas Renter-occupied housing units by vehicles available**
When it comes to transportation options, 44% of Flower Mound, Texas renters have 1 vehicle available per household, 42% of them have 2 vehicles available, and 7% have 3 vehicles available.
Flower Mound, Texas Means of transportation to work of householders living in renter-occupied housing units**
Flower Mound, 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 Flower Mound, 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
