La Porte, 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 La Porte, Texas rental market.

La Porte, Texas

Average Apartment Rent

$1,440

Y-o-Y Change in Average
Apartment Rent

9.8%

As of November 2024

Compared to a year ago, La Porte, Texas apartments have recorded a 9.8% rent increase.

La Porte, Texas Average apartment rent trend

Median Rent Nov 2021 Mar 2022 Jul 2022 Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024
La Porte $1,089 $1,137 $1,278 $1,309 $1,316 $1,305 $1,311 $1,336 $1,334 $1,440
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
La Porte
National
Nov 2021
$1,089
$1,596
Mar 2022
$1,137
$1,635
Jul 2022
$1,278
$1,708
Nov 2022
$1,309
$1,726
Mar 2023
$1,316
$1,714
Jul 2023
$1,305
$1,739
Nov 2023
$1,311
$1,733
Mar 2024
$1,336
$1,727
Jul 2024
$1,334
$1,752
Nov 2024
$1,440
$1,748

La Porte, Texas Average Apartment Rent

La Porte, Texas Apartment rent ranges

Under $500
$501 - $700
$701 - $1000
$1,000 - $1,500
$1,500 - $2,000
Over $2,000

At 59.58%, apartments priced $1,000 - $1,500 represent the bulk of La Porte, Texas rentals, while condos priced $500 - $700 hold the lowest share of the market – 0.25%.

La Porte, Texas Housing tenure**

Renter occupied housing units 3,615
Owner occupied housing units 9,234

Renters take up 28% of La Porte, Texas real estate, occupying a total of 3,615 units, while homeowners live in 9,234 properties.

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

4.4

Renter median household income**

$48,640

Average household size of renter-occupied housing units**

2.49

Rental vacancy rate**

3.4%

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

No bedrooms 186
1 bed 1,036
2 beds 1,102
3 beds 991
4 beds 162
5 or more beds 138

There are 1,102 rentals in La Porte, Texas with 2 beds making up the highest share of the market, at 30%. Units with 5 or more beds, on the other hand, hold the lowest percentage (4%), amounting to 138 units. Overall, the median number of rooms in La Porte, Texas homes for rent is 4.4.

La Porte, Texas Renter-occupied units by age of householder**

15 - 24 years 205
25 - 34 years 549
35 - 44 years 657
45 - 54 years 690
55 - 59 years 433
60 - 64 years 202
65 - 74 years 401
75 - 84 years 179
85 years and over 299

Most condos for rent in La Porte, Texas are occupied by residents in the 45 - 54 years age group (19%), followed by those in the 35 - 44 years age group (18%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 5%.

La Porte, Texas Renter-occupied housing units by family type**

Family households 1,953
Non-Family Households 1,662

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

With related children of the householder under 18 1,301
No related children of the householder under 18 2,314

A total of 1,953 apartments for rent in La Porte, Texas, or 54% of all rentals are family households. Additionally, 36% of rental homes include children under the age of 18 – that’s 1,301 units. All in all, the median size of a renter-occupied household in La Porte, Texas is 2.49.

La Porte, Texas Renter-occupied housing units by educational attainment**

Less than high school graduate 386
High school graduate (including equivalency) 1,395
Some college or associate's degree 1,359
Bachelor's degree or higher 475

In terms of education, renters holding bachelor degrees or higher make up 13% of the rental market. In contrast, residents with less than a high school degree reside in 11% of the homes for rent in La Porte, Texas.

La Porte, Texas Renter-occupied units by year structure built**

Built 2020 or later 59
Built 2010 - 2019 541
Built 2000 - 2009 429
Built 1990 - 1999 378
Built 1980 - 1989 714
Built 1970 - 1979 454
Built 1960 - 1969 526
Built 1950 - 1959 104
Built 1940 - 1949 156
Built 1939 or earlier 254

The highest share of La Porte, Texas apartment rentals, namely 20% or 714 units, were Built 1980 - 1989, followed by those Built 2010 - 2019 (15%, 541 units), and the ones Built 1960 - 1969 (15%, 526 units).

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

Moved in 2021 or later 415
Moved in 2018 to 2020 1,464
Moved in 2010 to 2017 1,454
Moved in 2000 to 2009 213
Moved in 1990 to 1999 46
Moved in 1989 or earlier 23

Median year renter moved into unit 2018

Most La Porte, Texas renters (40%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their La Porte, Texas condos for rent is 2018.

La Porte, Texas Renter-occupied housing units by vehicles available**

No vehicle available 569
1 vehicle available 1,598
2 vehicles available 1,099
3 vehicles available 266
4 or more vehicles available 83

When it comes to transportation options, 44% of La Porte, Texas renters have 1 vehicle available per household, 30% of them have 2 vehicles available, and 16% have No vehicle available.

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

Car, truck, or van - drove alone 3,091
Car, truck, or van - carpooled 279
Walked 90
Taxicab, motorcycle, bicycle, or other means 107
Worked at home 205

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

Same house as 1 year ago 5,954
Moved within same county 1,870
Moved from different county within same state 461
Moved from different state 418

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 La Porte, 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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