Spring Branch, 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 Spring Branch, Texas rental market.
Highlights
An apartment for rent in Spring Branch, Texas typically goes for $1,450 per month, while a single-family home for rent in Spring Branch, Texas has a monthly cost of around $2,401. Renter-occupied units make up 54% of the local housing market, while the rental vacancy rate in Spring Branch, Texas is at 0.
Spring Branch, Texas
Average Apartment Rent
$1,450
Y-o-Y Change in Average
Apartment Rent
10.2%
Average Single-Family Rent
$2,401
As of July 2024
Compared to a year ago, Spring Branch, Texas apartments have recorded a 10.2% rent increase.
Spring Branch, Texas Average apartment rent trend
Spring Branch, Texas Average Apartment Rent
Spring Branch, Texas Apartment rent ranges
At 50%, apartments priced $1,500 - $2,000 represent the bulk of Spring Branch, Texas rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 50%.
Spring Branch, Texas Housing tenure**
Renters take up 54% of Spring Branch, Texas real estate, occupying a total of 48 units, while homeowners live in 41 properties.
Average household size of renter-occupied housing units**
2.1
Spring Branch, Texas Renter-occupied housing units by no. of bedrooms**
All rentals in Spring Branch, Texas have 3 beds. That’s a total of 48 units.
Spring Branch, Texas Renter-occupied units by age of householder**
Most condos for rent in Spring Branch, Texas are occupied by residents in the 45 - 54 years age group (94%), while people in the 65 - 74 years age group make up the lowest share of the local rental market – 6%.
Spring Branch, Texas Renter-occupied housing units by family type**
Spring Branch, Texas Renter-occupied housing units by the presence of own children**
Spring Branch, Texas Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 94% of the rental market. In contrast, residents with less than a high school degree reside in 0% of the homes for rent in Spring Branch, Texas.
Spring Branch, Texas Renter-occupied units by year structure built**
The highest share of Spring Branch, Texas apartment rentals, namely 94% or 45 units, were Built 1940 - 1949, followed by those Built 1970 - 1979 (6%, 3 units).
Spring Branch, Texas Renter-occupied units by year householder moved in**
Spring Branch, Texas Renter-occupied housing units by vehicles available**
When it comes to transportation options, 94% of Spring Branch, Texas renters have 4 or more vehicles available per household, while 6% of them have 1 vehicle available.
Spring Branch, Texas Means of transportation to work of householders living in renter-occupied housing units**
When it comes to transportation options, 94% of Spring Branch, Texas renters have 4 or more vehicles available per household, while 6% of them have 1 vehicle available.
Spring Branch, Texas Geographical mobility in the past year for householders living in renter-occupied housing units**
Spring Branch, 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 Spring Branch, 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
