Keller City, 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 Keller City, Texas rental market.

Keller City, Texas

Average Apartment Rent

$1,733

Y-o-Y Change in Average
Apartment Rent

-5.2%

As of November 2024

Compared to a year ago, Keller City, Texas apartments have recorded a -5.2% rent decrease.

Keller City, 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
Keller $1,706 $1,753 $1,879 $1,835 $1,862 $1,866 $1,828 $1,774 $1,835 $1,733
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Keller
National
Nov 2021
$1,706
$1,596
Mar 2022
$1,753
$1,635
Jul 2022
$1,879
$1,708
Nov 2022
$1,835
$1,726
Mar 2023
$1,862
$1,714
Jul 2023
$1,866
$1,739
Nov 2023
$1,828
$1,733
Mar 2024
$1,774
$1,727
Jul 2024
$1,835
$1,752
Nov 2024
$1,733
$1,748

Keller City, Texas Average Apartment Rent

Keller City, Texas Apartment rent ranges

Under $500
$501 - $700
$701 - $1000
$1,001 - $1,500
$1,501 - $2,000
Over $2,000

At 49.73%, apartments priced $1,500 - $2,000 represent the bulk of Keller City, Texas rentals, while condos priced Over $2,000 hold the lowest share of the market – 14.83%.

Keller City, Texas Housing tenure**

Renter occupied housing units 2,738
Owner occupied housing units 13,314

Renters take up 17% of Keller City, Texas real estate, occupying a total of 2,738 units, while homeowners live in 13,314 properties.

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

4.4

Renter median household income**

$70,872

Average household size of renter-occupied housing units**

2.17

Rental vacancy rate**

2.2%

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

1 bed 742
2 beds 796
3 beds 831
4 beds 322
5 or more beds 34

There are 831 rentals in Keller City, Texas with 3 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 (1%), amounting to 34 units. Overall, the median number of rooms in Keller City, Texas homes for rent is 4.4.

Keller City, Texas Renter-occupied units by age of householder**

15 - 24 years 29
25 - 34 years 411
35 - 44 years 325
45 - 54 years 719
55 - 59 years 246
60 - 64 years 57
65 - 74 years 362
75 - 84 years 289
85 years and over 300

Most condos for rent in Keller City, Texas are occupied by residents in the 45 - 54 years age group (26%), followed by those in the 25 - 34 years age group (15%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 1%.

Keller City, Texas Renter-occupied housing units by family type**

Family households 1,553
Non-Family Households 1,185

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

With related children of the householder under 18 1,139
No related children of the householder under 18 1,599

A total of 1,553 apartments for rent in Keller City, Texas, or 57% of all rentals are family households. Additionally, 42% of rental homes include children under the age of 18 – that’s 1,139 units. All in all, the median size of a renter-occupied household in Keller City, Texas is 2.17.

Keller City, Texas Renter-occupied housing units by educational attainment**

Less than high school graduate 178
High school graduate (including equivalency) 566
Some college or associate's degree 711
Bachelor's degree or higher 1,283

In terms of education, renters holding bachelor degrees or higher make up 47% of the rental market. In contrast, residents with less than a high school degree reside in 7% of the homes for rent in Keller City, Texas.

Keller City, Texas Renter-occupied units by year structure built**

Built 2010 - 2019 787
Built 2000 - 2009 915
Built 1990 - 1999 286
Built 1980 - 1989 511
Built 1970 - 1979 219

The highest share of Keller City, Texas apartment rentals, namely 33% or 915 units, were Built 2000 - 2009, followed by those Built 2010 - 2019 (29%, 787 units), and the ones Built 1980 - 1989 (19%, 511 units).

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

Moved in 2021 or later 447
Moved in 2018 to 2020 1,091
Moved in 2010 to 2017 1,089
Moved in 2000 to 2009 90
Moved in 1990 to 1999 21

Median year renter moved into unit 2018

Most Keller City, 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 Keller City, Texas condos for rent is 2018.

Keller City, Texas Renter-occupied housing units by vehicles available**

No vehicle available 463
1 vehicle available 1,265
2 vehicles available 812
3 vehicles available 137
4 or more vehicles available 61

When it comes to transportation options, 46% of Keller City, Texas renters have 1 vehicle available per household, 30% of them have 2 vehicles available, and 17% have No vehicle available.

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

Car, truck, or van - drove alone 2,094
Car, truck, or van - carpooled 306
Walked 103
Worked at home 424

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

Same house as 1 year ago 4,204
Moved within same county 789
Moved from different county within same state 331
Moved from different state 461
Moved from abroad 38

Keller City, 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 Keller City, 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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