Hewitt, 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 Hewitt, Texas rental market.
Hewitt, Texas
Average Apartment Rent
$1,357
Y-o-Y Change in Average
Apartment Rent
1.4%
As of November 2024
Compared to a year ago, Hewitt, Texas apartments have recorded a 1.4% rent increase.
Hewitt, Texas Average apartment rent trend
Hewitt, Texas Average Apartment Rent
Hewitt, Texas Apartment rent ranges
At 51.22%, apartments priced $1,000 - $1,500 represent the bulk of Hewitt, Texas rentals, while condos priced $700 - $1000 hold the lowest share of the market – 8.65%.
Hewitt, Texas Housing tenure**
Renters take up 34% of Hewitt, Texas real estate, occupying a total of 2,002 units, while homeowners live in 3,953 properties.
Median number of rooms of renter-occupied housing units**
4.8
Renter median household income**
$51,077
Average household size of renter-occupied housing units**
2.85
Hewitt, Texas Renter-occupied housing units by no. of bedrooms**
There are 893 rentals in Hewitt, Texas with 3 beds making up the highest share of the market, at 45%. Units with No bedrooms, on the other hand, hold the lowest percentage (1%), amounting to 17 units. Overall, the median number of rooms in Hewitt, Texas homes for rent is 4.8.
Hewitt, Texas Renter-occupied units by age of householder**
Most condos for rent in Hewitt, Texas are occupied by residents in the 35 - 44 years age group (32%), followed by those in the 25 - 34 years age group (29%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
Hewitt, Texas Renter-occupied housing units by family type**
Hewitt, Texas Renter-occupied housing units by the presence of own children**
A total of 1,314 apartments for rent in Hewitt, Texas, or 66% of all rentals are family households. Additionally, 44% of rental homes include children under the age of 18 – that’s 872 units. All in all, the median size of a renter-occupied household in Hewitt, Texas is 2.85.
Hewitt, Texas Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 30% of the rental market. In contrast, residents with less than a high school degree reside in 11% of the homes for rent in Hewitt, Texas.
Hewitt, Texas Renter-occupied units by year structure built**
The highest share of Hewitt, Texas apartment rentals, namely 23% or 470 units, were Built 1990 - 1999, followed by those Built 1980 - 1989 (22%, 450 units), and the ones Built 2010 - 2019 (19%, 381 units).
Hewitt, Texas Renter-occupied units by year householder moved in**
Median year renter moved into unit 2019
Most Hewitt, Texas renters (52%) moved in 2018 to 2020, while only 8% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Hewitt, Texas condos for rent is 2019.
Hewitt, Texas Renter-occupied housing units by vehicles available**
When it comes to transportation options, 45% of Hewitt, Texas renters have 2 vehicles available per household, 44% of them have 1 vehicle available, and 7% have 3 vehicles available.
Hewitt, Texas Means of transportation to work of householders living in renter-occupied housing units**
Hewitt, Texas Geographical mobility in the past year for householders living in renter-occupied housing units**
Hewitt, 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 Hewitt, 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
