Kyle, 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 Kyle, Texas rental market.

Highlights

An apartment for rent in Kyle, Texas typically goes for $1,527 per month, while a single-family home for rent in Kyle, Texas has a monthly cost of around $2,058. Renter-occupied units make up 33% of the local housing market, while the rental vacancy rate in Kyle, Texas is at 2.4.

Kyle, Texas

Average Apartment Rent

$1,527

Y-o-Y Change in Average
Apartment Rent

-5.9%

Average Single-Family Rent

$2,058

As of July 2024

Compared to a year ago, Kyle, Texas apartments have recorded a -5.9% rent decrease.

Kyle, Texas Average apartment rent trend

Median Rent Jul 2021 Nov 2021 Mar 2022 Jul 2022 Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024
Kyle $1,284 $1,490 $1,563 $1,627 $1,582 $1,566 $1,623 $1,592 $1,528 $1,527
National $1,491 $1,586 $1,625 $1,697 $1,715 $1,704 $1,729 $1,720 $1,714 $1,739
Kyle
National
Jul 2021
$1,284
$1,491
Nov 2021
$1,490
$1,586
Mar 2022
$1,563
$1,625
Jul 2022
$1,627
$1,697
Nov 2022
$1,582
$1,715
Mar 2023
$1,566
$1,704
Jul 2023
$1,623
$1,729
Nov 2023
$1,592
$1,720
Mar 2024
$1,528
$1,714
Jul 2024
$1,527
$1,739

Kyle, Texas Average Apartment Rent

Kyle, Texas Apartment rent ranges

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

At 55.45%, apartments priced $1,000 - $1,500 represent the bulk of Kyle, Texas rentals, while condos priced Over $2,000 hold the lowest share of the market – 8.59%.

Kyle, Texas Housing tenure**

Renter occupied housing units 5,758
Owner occupied housing units 11,558

Renters take up 33% of Kyle, Texas real estate, occupying a total of 5,758 units, while homeowners live in 11,558 properties.

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

4.2

Renter median household income**

$57,403

Average household size of renter-occupied housing units**

2.36

Rental vacancy rate**

2.4%

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

No bedrooms 188
1 bed 1,641
2 beds 996
3 beds 2,326
4 beds 587

There are 2,326 rentals in Kyle, Texas with 3 beds making up the highest share of the market, at 40%. Units with No bedrooms, on the other hand, hold the lowest percentage (3%), amounting to 188 units. Overall, the median number of rooms in Kyle, Texas homes for rent is 4.2.

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

15 - 24 years 965
25 - 34 years 1,857
35 - 44 years 1,215
45 - 54 years 738
55 - 59 years 349
60 - 64 years 279
65 - 74 years 203
75 - 84 years 127

Most condos for rent in Kyle, Texas are occupied by residents in the 25 - 34 years age group (32%), followed by those in the 35 - 44 years age group (21%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 2%.

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

Family households 2,750
Non-Family Households 3,008

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

With related children of the householder under 18 1,820
No related children of the householder under 18 3,938

A total of 2,750 apartments for rent in Kyle, Texas, or 48% of all rentals are family households. Additionally, 32% of rental homes include children under the age of 18 – that’s 1,820 units. All in all, the median size of a renter-occupied household in Kyle, Texas is 2.36.

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

Less than high school graduate 252
High school graduate (including equivalency) 1,072
Some college or associate's degree 2,648
Bachelor's degree or higher 1,786

In terms of education, renters holding bachelor degrees or higher make up 31% of the rental market. In contrast, residents with less than a high school degree reside in 4% of the homes for rent in Kyle, Texas.

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

Built 2020 or later 93
Built 2010 - 2019 2,654
Built 2000 - 2009 2,105
Built 1990 - 1999 439
Built 1980 - 1989 210
Built 1970 - 1979 110
Built 1960 - 1969 147

The highest share of Kyle, Texas apartment rentals, namely 46% or 2,654 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (37%, 2,105 units), and the ones Built 1990 - 1999 (8%, 439 units).

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

Moved in 2021 or later 584
Moved in 2018 to 2020 2,429
Moved in 2010 to 2017 2,449
Moved in 2000 to 2009 228
Moved in 1989 or earlier 68

Median year renter moved into unit 2018

Most Kyle, Texas renters (43%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Kyle, Texas condos for rent is 2018.

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

No vehicle available 70
1 vehicle available 2,479
2 vehicles available 2,384
3 vehicles available 678
4 or more vehicles available 147

When it comes to transportation options, 43% of Kyle, Texas renters have 1 vehicle available per household, 41% of them have 2 vehicles available, and 12% have 3 vehicles available.

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

Car, truck, or van - drove alone 6,391
Car, truck, or van - carpooled 815
Worked at home 480

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

Same house as 1 year ago 10,349
Moved within same county 1,106
Moved from different county within same state 1,610
Moved from different state 227

Kyle, 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 Kyle, 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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