Friendswood, 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 Friendswood, Texas rental market.
Friendswood, Texas
Average Apartment Rent
$1,565
Y-o-Y Change in Average
Apartment Rent
2.7%
As of May 2026
Compared to a year ago, Friendswood, Texas apartments have recorded a 2.7% rent increase.
Friendswood, Texas Average apartment rent trend
Friendswood, Texas Average Apartment Rent
Friendswood, Texas Apartment rent ranges
At 42.18%, apartments priced $1,000 - $1,500 represent the bulk of Friendswood, Texas rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 1.23%.
Friendswood, Texas Housing tenure**
Renters take up 23% of Friendswood, Texas real estate, occupying a total of 3,288 units, while homeowners live in 10,913 properties.
Median number of rooms of renter-occupied housing units**
4.6
Renter median household income**
$69,833
Average household size of renter-occupied housing units**
2.35
Rental vacancy rate**
3.5%
Friendswood, Texas Renter-occupied housing units by no. of bedrooms**
There are 1,050 rentals in Friendswood, Texas with 1 bed making up the highest share of the market, at 32%. Units with No bedrooms, on the other hand, hold the lowest percentage (1%), amounting to 36 units. Overall, the median number of rooms in Friendswood, Texas homes for rent is 4.6.
Friendswood, Texas Renter-occupied units by age of householder**
Most condos for rent in Friendswood, Texas are occupied by residents in the 45 - 54 years age group (24%), followed by those in the 25 - 34 years age group (22%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 4%.
Friendswood, Texas Renter-occupied housing units by family type**
Friendswood, Texas Renter-occupied housing units by the presence of own children**
A total of 1,733 apartments for rent in Friendswood, Texas, or 53% of all rentals are family households. Additionally, 27% of rental homes include children under the age of 18 – that’s 876 units. All in all, the median size of a renter-occupied household in Friendswood, Texas is 2.35.
Friendswood, Texas Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 33% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in Friendswood, Texas.
Friendswood, Texas Renter-occupied units by year structure built**
The highest share of Friendswood, Texas apartment rentals, namely 26% or 870 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (23%, 772 units), and the ones Built 1990 - 1999 (22%, 716 units).
Friendswood, Texas Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Friendswood, Texas renters (52%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Friendswood, Texas condos for rent is 2017.
Friendswood, Texas Renter-occupied housing units by vehicles available**
When it comes to transportation options, 41% of Friendswood, Texas renters have 2 vehicles available per household, 33% of them have 1 vehicle available, and 18% have No vehicle available.
Friendswood, Texas Means of transportation to work of householders living in renter-occupied housing units**
Friendswood, 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 Friendswood, 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
