Montgomery city, 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 Montgomery city, Texas rental market.
Montgomery city, Texas
Average Apartment Rent
$1,094
Y-o-Y Change in Apartment Rent
0%
Compared to a year ago, Montgomery city, Texas apartments have recorded a 0% rent increase.
Montgomery city, Texas |Median apartment rent trend
Montgomery city, Texas| Average apartment rent by city
Montgomery city, Texas | Apartment rent ranges
At 58.49%, apartments priced $1,000 - $1,500 represent the bulk of Montgomery city, Texas rentals, while condos priced $500 - $700 hold the lowest share of the market – 2.48%.
Montgomery city, Texas | Housing tenure
Renters take up 23% of Montgomery city, Texas real estate, occupying a total of 78 units, while homeowners live in 256 properties.
Median number of rooms of renter-occupied housing units
4.3
Renter Median household income
$35,357
Average household size of renter occupied-housing units
2.88
Montgomery city, Texas | Renter-occupied housing units by no. of bedrooms
There are 32 rentals in Montgomery city, Texas with 2 beds making up the highest share of the market, at 41%. Units with 4 beds, on the other hand, hold the lowest percentage (10%), amounting to 8 units. Overall, the median number of rooms in Montgomery city, Texas homes for rent is 4.3.
Montgomery city, Texas |Renter-occupied units by age of householder
Most condos for rent in Montgomery city, Texas are occupied by residents in the 35 - 44 years age group (33%), followed by those in the 45 - 54 years age group (14%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 6%.
Montgomery city, Texas | Renter-occupied housing units by family type
Montgomery city, Texas | Renter-occupied housing units by the presence of own children
A total of 29 apartments for rent in Montgomery city, Texas, or 37% of all rentals are family households. Additionally, 37% of rental homes include children under the age of 18 – that’s 29 units. All in all, the median size of a renter-occupied household in Montgomery city, Texas is 2.88.
Montgomery city, Texas | Renter-occupied housing units by educational attainment
In terms of education, renters holding bachelor degrees or higher make up 9% of the rental market. In contrast, residents with less than a high school degree reside in 18% of the homes for rent in Montgomery city, Texas.
Montgomery city, Texas | Renter-occupied units by year structure built
The highest share of Montgomery city, Texas apartment rentals, namely 29% or 23 units, were built 1980 - 1989, followed by those built 2000 - 2009 (24%, 19 units), and the ones built 1990 - 1999 (19%, 15 units).
Montgomery city, Texas | Renter-occupied units by year householder moved in
Median year renter moved into unit2014
Most Montgomery city, Texas renters (42%) moved in 2015 to 2016, while only 19% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Montgomery city, Texas condos for rent is 2014.
Montgomery city, Texas | Renter-occupied housing units by vehicles available
When it comes to transportation options, 50% of Montgomery city, Texas renters have 1 vehicle available per household, 23% of them have 2 vehicles available, and 17% have no vehicle available.
Montgomery city, Texas | Means of transportation to work of householders living in renter-occupied housing units
Montgomery city, Texas |Geographical mobility in the past year for householders living in renter-occupies housing units
Montgomery city, 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 Montgomery city, 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.
Exceptions: Data sourced from U.S. Census Bureau; American Community Survey, 2018 American Community Survey 5-Year Estimates
