South Houston, 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 South Houston, Texas rental market.
South Houston, Texas
Average Apartment Rent in March 2022
$939
Y-o-Y Change in Average
Apartment Rent
8.7%
Compared to a year ago, South Houston, Texas apartments have recorded a 8.7% rent increase.
South Houston, Texas |Average apartment rent trend
South Houston, Texas| Average apartment rent
South Houston, Texas | Apartment rent ranges
At 55.58%, apartments priced $700 - $1000 represent the bulk of South Houston, Texas rentals, while condos priced $500 - $700 hold the lowest share of the market – 7.63%.
South Houston, Texas | Housing tenure**
Renters take up 44% of South Houston, Texas real estate, occupying a total of 2,117 units, while homeowners live in 2,733 properties.
Median number of rooms of renter-occupied housing units**
4.1
Renter median household income**
$37,068
Average household size of renter-occupied housing units**
3.46
Rental vacancy rate**
3.8%
South Houston, Texas | Renter-occupied housing units by no. of bedrooms**
There are 882 rentals in South Houston, Texas with 2 beds making up the highest share of the market, at 42%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 16 units. Overall, the median number of rooms in South Houston, Texas homes for rent is 4.1.
South Houston, Texas |Renter-occupied units by age of householder**
Most condos for rent in South Houston, Texas are occupied by residents in the 25 - 34 years age group (27%), followed by those in the 35 - 44 years age group (24%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.
South Houston, Texas | Renter-occupied housing units by family type**
South Houston, Texas | Renter-occupied housing units by the presence of own children**
A total of 1,564 apartments for rent in South Houston, Texas, or 74% of all rentals are family households. Additionally, 55% of rental homes include children under the age of 18 – that’s 1,158 units. All in all, the median size of a renter-occupied household in South Houston, Texas is 3.46.
South Houston, Texas | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 4% of the rental market. In contrast, residents with less than a high school degree reside in 42% of the homes for rent in South Houston, Texas.
South Houston, Texas | Renter-occupied units by year structure built**
The highest share of South Houston, Texas apartment rentals, namely 26% or 550 units, were Built 1960 - 1969, followed by those Built 1970 - 1979 (24%, 502 units), and the ones Built 1950 - 1959 (19%, 409 units).
South Houston, Texas | Renter-occupied units by year householder moved in**
Median year renter moved into unit2015
Most South Houston, Texas renters (32%) moved in 2010 to 2014, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their South Houston, Texas condos for rent is 2015.
South Houston, Texas | Renter-occupied housing units by vehicles available**
When it comes to transportation options, 46% of South Houston, Texas renters have 1 vehicle available per household, 30% of them have 2 vehicles available, and 15% have No vehicle available.
South Houston, Texas | Means of transportation to work of householders living in renter-occupied housing units**
South Houston, Texas |Geographical mobility in the past year for householders living in renter-occupied housing units**
South Houston, 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 South Houston, 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, 2019 American Community Survey 5-Year Estimates
