Granbury, 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 Granbury, Texas rental market.
An apartment for rent in Granbury, Texas typically goes for $1,328 per month, while a single-family home for rent in Granbury, Texas has a monthly cost of around $1,958. Renter-occupied units make up 48% of the local housing market, while the rental vacancy rate in Granbury, Texas is at 15.8.
Average Apartment Rent in March 2022
Y-o-Y Change in Average
Average Single-Family Rent in March 2022
Compared to a year ago, Granbury, Texas apartments have recorded a 11.9% rent increase.
Granbury, Texas |Average apartment rent trend
Granbury, Texas| Average apartment rent
Granbury, Texas | Apartment rent ranges
At 42.15%, apartments priced $1,500 - $2,000 represent the bulk of Granbury, Texas rentals, while condos priced Over $2,000 hold the lowest share of the market – 1.92%.
Granbury, Texas | Housing tenure**
Renters take up 48% of Granbury, Texas real estate, occupying a total of 1,947 units, while homeowners live in 2,144 properties.
Median number of rooms of renter-occupied housing units**
Renter median household income**
Average household size of renter-occupied housing units**
Rental vacancy rate**
Granbury, Texas | Renter-occupied housing units by no. of bedrooms**
There are 827 rentals in Granbury, Texas with 1 bed making up the highest share of the market, at 42%. Units with 4 beds, on the other hand, hold the lowest percentage (1%), amounting to 22 units. Overall, the median number of rooms in Granbury, Texas homes for rent is 3.8.
Granbury, Texas |Renter-occupied units by age of householder**
Most condos for rent in Granbury, Texas are occupied by residents in the 45 - 54 years age group (17%), followed by those in the 65 - 74 years age group (15%). At the same time, people in the 35 - 44 years age group make up the lowest share of the local rental market – 4%.
Granbury, Texas | Renter-occupied housing units by family type**
Granbury, Texas | Renter-occupied housing units by the presence of own children**
A total of 770 apartments for rent in Granbury, Texas, or 40% of all rentals are family households. Additionally, 21% of rental homes include children under the age of 18 – that’s 409 units. All in all, the median size of a renter-occupied household in Granbury, Texas is 2.08.
Granbury, Texas | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 16% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Granbury, Texas.
Granbury, Texas | Renter-occupied units by year structure built**
The highest share of Granbury, Texas apartment rentals, namely 26% or 508 units, were Built 2000 - 2009, followed by those Built 1990 - 1999 (18%, 358 units), and the ones Built 1980 - 1989 (14%, 278 units).
Granbury, Texas | Renter-occupied units by year householder moved in**
Median year renter moved into unit2015
Most Granbury, Texas renters (40%) moved in 2010 to 2014, while only 2% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Granbury, Texas condos for rent is 2015.
Granbury, Texas | Renter-occupied housing units by vehicles available**
When it comes to transportation options, 55% of Granbury, Texas renters have 1 vehicle available per household, 25% of them have 2 vehicles available, and 16% have No vehicle available.
Granbury, Texas | Means of transportation to work of householders living in renter-occupied housing units**
Granbury, Texas |Geographical mobility in the past year for householders living in renter-occupied housing units**
Granbury, 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 Granbury, 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, 2019 American Community Survey 5-Year Estimates