Little Elm, 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 Little Elm, Texas rental market.

Little Elm, Texas

Average Apartment Rent

$1,649

Y-o-Y Change in Average
Apartment Rent

-0.3%

As of May 2026

Compared to a year ago, Little Elm, Texas apartments have recorded a -0.3% rent decrease.

Little Elm, Texas Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Little Elm $1,762 $1,749 $1,750 $1,727 $1,636 $1,693 $1,646 $1,645 $1,656
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Little Elm
National
Jul 2023
$1,762
$1,741
Nov 2023
$1,749
$1,732
Mar 2024
$1,750
$1,736
Jul 2024
$1,727
$1,756
Nov 2024
$1,636
$1,749
Mar 2025
$1,693
$1,755
Jul 2025
$1,646
$1,767
Nov 2025
$1,645
$1,753
Mar 2026
$1,656
$1,750

Little Elm, Texas Average Apartment Rent

Little Elm, Texas Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 44.6%, apartments priced $1,000 - $1,500 represent the bulk of Little Elm, Texas rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.42%.

Little Elm, Texas Housing tenure**

Renter occupied housing units 5,396
Owner occupied housing units 11,356

Renters take up 32% of Little Elm, Texas real estate, occupying a total of 5,396 units, while homeowners live in 11,356 properties.

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

4.2

Renter median household income**

$74,177

Average household size of renter-occupied housing units**

2.47

Rental vacancy rate**

6.3%

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

No bedrooms 254
1 bed 1,627
2 beds 1,281
3 beds 1,477
4 beds 719
5 or more beds 38

There are 1,627 rentals in Little Elm, Texas with 1 bed 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 38 units. Overall, the median number of rooms in Little Elm, Texas homes for rent is 4.2.

Little Elm, Texas Renter-occupied units by age of householder**

15 - 24 years 485
25 - 34 years 1,241
35 - 44 years 1,370
45 - 54 years 1,156
55 - 59 years 264
60 - 64 years 346
65 - 74 years 370
75 - 84 years 130
85 years and over 34

Most condos for rent in Little Elm, Texas are occupied by residents in the 35 - 44 years age group (25%), followed by those in the 25 - 34 years age group (23%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

Little Elm, Texas Renter-occupied housing units by family type**

Family households 3,326
Non-Family Households 2,070

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

With related children of the householder under 18 2,351
No related children of the householder under 18 3,045

A total of 3,326 apartments for rent in Little Elm, Texas, or 62% of all rentals are family households. Additionally, 44% of rental homes include children under the age of 18 – that’s 2,351 units. All in all, the median size of a renter-occupied household in Little Elm, Texas is 2.47.

Little Elm, Texas Renter-occupied housing units by educational attainment**

Less than high school graduate 197
High school graduate (including equivalency) 1,151
Some college or associate's degree 2,176
Bachelor's degree or higher 1,872

In terms of education, renters holding bachelor degrees or higher make up 35% of the rental market. In contrast, residents with less than a high school degree reside in 4% of the homes for rent in Little Elm, Texas.

Little Elm, Texas Renter-occupied units by year structure built**

Built 2020 or later 56
Built 2010 - 2019 3,284
Built 2000 - 2009 1,457
Built 1990 - 1999 335
Built 1980 - 1989 160
Built 1970 - 1979 90

The highest share of Little Elm, Texas apartment rentals, namely 61% or 3,284 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (27%, 1,457 units), and the ones Built 1990 - 1999 (6%, 335 units).

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

Moved in 2021 or later 516
Moved in 2018 to 2020 2,872
Moved in 2010 to 2017 1,905
Moved in 2000 to 2009 103

Median year renter moved into unit 2019

Most Little Elm, Texas renters (53%) moved in 2018 to 2020, while only 2% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Little Elm, Texas condos for rent is 2019.

Little Elm, Texas Renter-occupied housing units by vehicles available**

No vehicle available 305
1 vehicle available 2,624
2 vehicles available 1,822
3 or more vehicles available 645

When it comes to transportation options, 49% of Little Elm, Texas renters have 1 vehicle available per household, 34% of them have 2 vehicles available, and 12% have 3 or more vehicles available.

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

Car, truck, or van - drove alone 5,439
Car, truck, or van - carpooled 797
Taxicab, motorcycle, bicycle, or other means 75
Worked at home 826

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

Same house as 1 year ago 9,452
Moved within same county 1,493
Moved from different county within same state 1,363
Moved from different state 545
Moved from abroad 292

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 Little Elm, 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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