Kyle, 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 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
Kyle, Texas Average Apartment Rent
Kyle, Texas Apartment rent ranges
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**
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**
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**
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**
Kyle, Texas Renter-occupied housing units by the presence of own children**
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**
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**
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**
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**
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**
Kyle, Texas Geographical mobility in the past year for householders living in renter-occupied housing units**
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
