Paloma Creek South, 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 Paloma Creek South, Texas rental market.

Paloma Creek South, 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, Paloma Creek South, Texas apartments have recorded a -0.3% rent decrease.

Paloma Creek South, 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
Paloma Creek South $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
Paloma Creek South
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

Paloma Creek South, Texas Average Apartment Rent

Paloma Creek South, 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 Paloma Creek South, Texas rentals, while condos priced Over $3,000 hold the lowest share of the market – 0.42%.

Paloma Creek South, Texas Housing tenure**

Renter occupied housing units 419
Owner occupied housing units 2,368

Renters take up 15% of Paloma Creek South, Texas real estate, occupying a total of 419 units, while homeowners live in 2,368 properties.

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

6.7

Renter median household income**

$87,392

Average household size of renter-occupied housing units**

3.17

Paloma Creek South, Texas Renter-occupied housing units by no. of bedrooms**

1 bed 15
3 beds 167
4 beds 237

There are 237 rentals in Paloma Creek South, Texas with 4 beds making up the highest share of the market, at 57%. Units with 1 bed, on the other hand, hold the lowest percentage (4%), amounting to 15 units. Overall, the median number of rooms in Paloma Creek South, Texas homes for rent is 6.7.

Paloma Creek South, Texas Renter-occupied units by age of householder**

25 - 34 years 128
35 - 44 years 209
45 - 54 years 25
55 - 59 years 57

Most condos for rent in Paloma Creek South, Texas are occupied by residents in the 35 - 44 years age group (50%), followed by those in the 25 - 34 years age group (31%). At the same time, people in the 45 - 54 years age group make up the lowest share of the local rental market – 6%.

Paloma Creek South, Texas Renter-occupied housing units by family type**

Family households 259
Non-Family Households 160

Paloma Creek South, Texas Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 219
No related children of the householder under 18 200

A total of 259 apartments for rent in Paloma Creek South, Texas, or 62% of all rentals are family households. Additionally, 52% of rental homes include children under the age of 18 – that’s 219 units. All in all, the median size of a renter-occupied household in Paloma Creek South, Texas is 3.17.

Paloma Creek South, Texas Renter-occupied housing units by educational attainment**

Less than high school graduate 46
High school graduate (including equivalency) 34
Some college or associate's degree 247
Bachelor's degree or higher 92

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 11% of the homes for rent in Paloma Creek South, Texas.

Paloma Creek South, Texas Renter-occupied units by year structure built**

Built 2010 - 2019 216
Built 2000 - 2009 203

The highest share of Paloma Creek South, Texas apartment rentals, namely 52% or 216 units, were Built 2010 - 2019, followed by those Built 2000 - 2009 (48%, 203 units).

Paloma Creek South, Texas Renter-occupied units by year householder moved in**

Moved in 2021 or later 19
Moved in 2018 to 2020 253
Moved in 2010 to 2017 147

Median year renter moved into unit 2019

Most Paloma Creek South, Texas renters (60%) moved in 2018 to 2020, while only 5% of them moved in 2021 or later. Overall, the median year renters have occupied their Paloma Creek South, Texas condos for rent is 2019.

Paloma Creek South, Texas Renter-occupied housing units by vehicles available**

1 vehicle available 57
2 vehicles available 286
4 or more vehicles available 76

When it comes to transportation options, 68% of Paloma Creek South, Texas renters have 2 vehicles available per household, 18% of them have 4 or more vehicles available, and 14% have 1 vehicle available.

Paloma Creek South, Texas Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 522
Worked at home 268

Paloma Creek South, Texas Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 933
Moved from different county within same state 106
Moved from different state 290

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 Paloma Creek South, 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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