Greenville, 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 Greenville, Texas rental market.

Greenville, Texas

Average Apartment Rent

$1,229

Y-o-Y Change in Average
Apartment Rent

3.9%

As of June 2025

Compared to a year ago, Greenville, Texas apartments have recorded a 3.9% rent increase.

Greenville, Texas Average apartment rent trend

Median Rent Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025
Greenville $1,079 $1,133 $1,150 $1,178 $1,187 $1,199 $1,223 $1,181
National $1,703 $1,703 $1,722 $1,710 $1,716 $1,736 $1,729 $1,736
Greenville
National
Nov 2022
$1,079
$1,703
Mar 2023
$1,133
$1,703
Jul 2023
$1,150
$1,722
Nov 2023
$1,178
$1,710
Mar 2024
$1,187
$1,716
Jul 2024
$1,199
$1,736
Nov 2024
$1,223
$1,729
Mar 2025
$1,181
$1,736

Greenville, Texas Average Apartment Rent

Greenville, Texas Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 63.24%, apartments priced $1,000 - $1,500 represent the bulk of Greenville, Texas rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 1.14%.

Greenville, Texas Housing tenure**

Renter occupied housing units 5,535
Owner occupied housing units 5,529

Renters take up 50% of Greenville, Texas real estate, occupying a total of 5,535 units, while homeowners live in 5,529 properties.

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

4.3

Renter median household income**

$48,122

Average household size of renter-occupied housing units**

2.42

Rental vacancy rate**

9.1%

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

No bedrooms 450
1 bed 1,235
2 beds 1,730
3 beds 1,799
4 beds 305

There are 1,799 rentals in Greenville, Texas with 3 beds making up the highest share of the market, at 33%. Units with 4 beds, on the other hand, hold the lowest percentage (6%), amounting to 305 units. Overall, the median number of rooms in Greenville, Texas homes for rent is 4.3.

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

15 - 24 years 813
25 - 34 years 1,534
35 - 44 years 1,344
45 - 54 years 523
55 - 59 years 132
60 - 64 years 331
65 - 74 years 600
75 - 84 years 170
85 years and over 88

Most condos for rent in Greenville, Texas are occupied by residents in the 25 - 34 years age group (28%), followed by those in the 35 - 44 years age group (24%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 2%.

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

Family households 2,821
Non-Family Households 2,714

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

With related children of the householder under 18 1,774
No related children of the householder under 18 3,761

A total of 2,821 apartments for rent in Greenville, Texas, or 51% of all rentals are family households. Additionally, 32% of rental homes include children under the age of 18 – that’s 1,774 units. All in all, the median size of a renter-occupied household in Greenville, Texas is 2.42.

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

Less than high school graduate 901
High school graduate (including equivalency) 1,776
Some college or associate's degree 1,870
Bachelor's degree or higher 988

In terms of education, renters holding bachelor degrees or higher make up 18% of the rental market. In contrast, residents with less than a high school degree reside in 16% of the homes for rent in Greenville, Texas.

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

Built 2020 or later 38
Built 2010 - 2019 508
Built 2000 - 2009 411
Built 1990 - 1999 690
Built 1980 - 1989 1,240
Built 1970 - 1979 1,443
Built 1960 - 1969 658
Built 1950 - 1959 375
Built 1940 - 1949 58
Built 1939 or earlier 114

The highest share of Greenville, Texas apartment rentals, namely 26% or 1,443 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (22%, 1,240 units), and the ones Built 1990 - 1999 (12%, 690 units).

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

Moved in 2021 or later 535
Moved in 2018 to 2020 2,395
Moved in 2010 to 2017 2,244
Moved in 2000 to 2009 205
Moved in 1990 to 1999 122
Moved in 1989 or earlier 34

Median year renter moved into unit 2018

Most Greenville, Texas renters (43%) moved in 2018 to 2020, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Greenville, Texas condos for rent is 2018.

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

No vehicle available 561
1 vehicle available 2,455
2 vehicles available 1,791
3 vehicles available 613
4 or more vehicles available 115

When it comes to transportation options, 44% of Greenville, Texas renters have 1 vehicle available per household, 32% of them have 2 vehicles available, and 11% have 3 vehicles available.

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

Car, truck, or van - drove alone 5,722
Car, truck, or van - carpooled 587
Walked 123
Taxicab, motorcycle, bicycle, or other means 34
Worked at home 274

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

Same house as 1 year ago 8,943
Moved within same county 2,938
Moved from different county within same state 907
Moved from different state 318
Moved from abroad 82

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 Greenville, 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

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