Paloma Creek, 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, Texas rental market.

Paloma Creek, Texas

Average Apartment Rent

$1,455

Y-o-Y Change in Average
Apartment Rent

3.1%

As of May 2026

Compared to a year ago, Paloma Creek, Texas apartments have recorded a 3.1% rent increase.

Paloma Creek, 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 $1,606 $1,599 $1,570 $1,501 $1,427 $1,441 $1,485 $1,465 $1,430
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Paloma Creek
National
Jul 2023
$1,606
$1,741
Nov 2023
$1,599
$1,732
Mar 2024
$1,570
$1,736
Jul 2024
$1,501
$1,756
Nov 2024
$1,427
$1,749
Mar 2025
$1,441
$1,755
Jul 2025
$1,485
$1,767
Nov 2025
$1,465
$1,753
Mar 2026
$1,430
$1,750

Paloma Creek, Texas Average Apartment Rent

Paloma Creek, 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 58.28%, apartments priced $1,000 - $1,500 represent the bulk of Paloma Creek, Texas rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 0.64%.

Paloma Creek, Texas Housing tenure**

Renter occupied housing units 265
Owner occupied housing units 822

Renters take up 24% of Paloma Creek, Texas real estate, occupying a total of 265 units, while homeowners live in 822 properties.

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

6.4

Average household size of renter-occupied housing units**

3.26

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

2 beds 23
3 beds 142
4 beds 100

There are 142 rentals in Paloma Creek, Texas with 3 beds making up the highest share of the market, at 54%. Units with 2 beds, on the other hand, hold the lowest percentage (9%), amounting to 23 units. Overall, the median number of rooms in Paloma Creek, Texas homes for rent is 6.4.

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

25 - 34 years 123
35 - 44 years 42
45 - 54 years 56
55 - 59 years 21
65 - 74 years 23

Most condos for rent in Paloma Creek, Texas are occupied by residents in the 25 - 34 years age group (46%), followed by those in the 45 - 54 years age group (21%). At the same time, people in the 55 - 59 years age group make up the lowest share of the local rental market – 8%.

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

Family households 160
Non-Family Households 105

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

With related children of the householder under 18 104
No related children of the householder under 18 161

A total of 160 apartments for rent in Paloma Creek, Texas, or 60% of all rentals are family households. Additionally, 39% of rental homes include children under the age of 18 – that’s 104 units. All in all, the median size of a renter-occupied household in Paloma Creek, Texas is 3.26.

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

High school graduate (including equivalency) 61
Some college or associate's degree 77
Bachelor's degree or higher 127

In terms of education, renters holding bachelor degrees or higher make up 48% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Paloma Creek, Texas.

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

Built 2000 - 2009 242
Built 1990 - 1999 23

The highest share of Paloma Creek, Texas apartment rentals, namely 91% or 242 units, were Built 2000 - 2009, followed by those Built 1990 - 1999 (9%, 23 units).

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

Moved in 2021 or later 140
Moved in 2018 to 2020 46
Moved in 2010 to 2017 54
Moved in 2000 to 2009 25

Median year renter moved into unit 2021

Most Paloma Creek, Texas renters (53%) moved in 2021 or later, while only 9% of them moved in 2000 to 2009. Overall, the median year renters have occupied their Paloma Creek, Texas condos for rent is 2021.

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

No vehicle available 39
1 vehicle available 46
2 vehicles available 115
3 or more vehicles available 65

When it comes to transportation options, 43% of Paloma Creek, Texas renters have 2 vehicles available per household, 25% of them have 3 or more vehicles available, and 17% have 1 vehicle available.

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

Car, truck, or van - drove alone 358
Taxicab, motorcycle, bicycle, or other means 21
Worked at home 116

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

Same house as 1 year ago 518
Moved within same county 23
Moved from different county within same state 31
Moved from different state 230

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, 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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