Liberty Hill, 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 Liberty Hill, Texas rental market.

Liberty Hill, Texas

Average Apartment Rent

$2,063

Y-o-Y Change in Average
Apartment Rent

-2.5%

As of July 2024

Compared to a year ago, Liberty Hill, Texas apartments have recorded a -2.5% rent decrease.

Liberty Hill, 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
Liberty Hill $1,348 $1,561 $1,588 $1,619 $1,584 $1,587 $2,116 $2,208 $2,163 $2,063
National $1,491 $1,586 $1,625 $1,697 $1,715 $1,704 $1,729 $1,720 $1,714 $1,739
Liberty Hill
National
Jul 2021
$1,348
$1,491
Nov 2021
$1,561
$1,586
Mar 2022
$1,588
$1,625
Jul 2022
$1,619
$1,697
Nov 2022
$1,584
$1,715
Mar 2023
$1,587
$1,704
Jul 2023
$2,116
$1,729
Nov 2023
$2,208
$1,720
Mar 2024
$2,163
$1,714
Jul 2024
$2,063
$1,739

Liberty Hill, Texas Average Apartment Rent

Liberty Hill, Texas Apartment rent ranges

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

At 52.22%, apartments priced Over $2,000 represent the bulk of Liberty Hill, Texas rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 23.33%.

Liberty Hill, Texas Housing tenure**

Renter occupied housing units 586
Owner occupied housing units 861

Renters take up 40% of Liberty Hill, Texas real estate, occupying a total of 586 units, while homeowners live in 861 properties.

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

4.7

Renter median household income**

$95,095

Average household size of renter-occupied housing units**

4.33

Rental vacancy rate**

2%

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

No bedrooms 15
1 bed 48
2 beds 151
3 beds 216
4 beds 156

There are 216 rentals in Liberty Hill, Texas with 3 beds making up the highest share of the market, at 37%. Units with No bedrooms, on the other hand, hold the lowest percentage (3%), amounting to 15 units. Overall, the median number of rooms in Liberty Hill, Texas homes for rent is 4.7.

Liberty Hill, Texas Renter-occupied units by age of householder**

15 - 24 years 51
25 - 34 years 137
35 - 44 years 199
45 - 54 years 129
55 - 59 years 22
60 - 64 years 29
65 - 74 years 5
85 years and over 14

Most condos for rent in Liberty Hill, Texas are occupied by residents in the 35 - 44 years age group (34%), followed by those in the 25 - 34 years age group (23%). At the same time, people in the 65 - 74 years age group make up the lowest share of the local rental market – 1%.

Liberty Hill, Texas Renter-occupied housing units by family type**

Family households 500
Non-Family Households 86

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

With related children of the householder under 18 423
No related children of the householder under 18 163

A total of 500 apartments for rent in Liberty Hill, Texas, or 85% of all rentals are family households. Additionally, 72% of rental homes include children under the age of 18 – that’s 423 units. All in all, the median size of a renter-occupied household in Liberty Hill, Texas is 4.33.

Liberty Hill, Texas Renter-occupied housing units by educational attainment**

Less than high school graduate 143
High school graduate (including equivalency) 193
Some college or associate's degree 120
Bachelor's degree or higher 130

In terms of education, renters holding bachelor degrees or higher make up 22% of the rental market. In contrast, residents with less than a high school degree reside in 24% of the homes for rent in Liberty Hill, Texas.

Liberty Hill, Texas Renter-occupied units by year structure built**

Built 2020 or later 28
Built 2010 - 2019 441
Built 2000 - 2009 57
Built 1990 - 1999 7
Built 1980 - 1989 36
Built 1939 or earlier 15

The highest share of Liberty Hill, Texas apartment rentals, namely 75% or 441 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (10%, 57 units), and the ones Built 1980 - 1989 (6%, 36 units).

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

Moved in 2021 or later 83
Moved in 2018 to 2020 88
Moved in 2010 to 2017 405
Moved in 2000 to 2009 3
Moved in 1990 to 1999 7

Median year renter moved into unit 2016

Most Liberty Hill, Texas renters (69%) moved in 2010 to 2017, while only 1% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Liberty Hill, Texas condos for rent is 2016.

Liberty Hill, Texas Renter-occupied housing units by vehicles available**

No vehicle available 35
1 vehicle available 143
2 vehicles available 230
3 or more vehicles available 178

When it comes to transportation options, 39% of Liberty Hill, Texas renters have 2 vehicles available per household, 30% of them have 3 or more vehicles available, and 24% have 1 vehicle available.

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

Car, truck, or van - drove alone 762
Car, truck, or van - carpooled 157
Worked at home 57

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

Same house as 1 year ago 2,140
Moved within same county 256
Moved from different county within same state 36

Liberty Hill, 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 Liberty Hill, 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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