Stafford, 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 Stafford, Texas rental market.

Stafford, Texas

Average Apartment Rent

$1,461

Y-o-Y Change in Average
Apartment Rent

-1.1%

As of November 2024

Compared to a year ago, Stafford, Texas apartments have recorded a -1.1% rent decrease.

Stafford, Texas Average apartment rent trend

Median Rent Nov 2021 Mar 2022 Jul 2022 Nov 2022 Mar 2023 Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024
Stafford $1,398 $1,442 $1,481 $1,483 $1,454 $1,456 $1,477 $1,430 $1,484 $1,461
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Stafford
National
Nov 2021
$1,398
$1,596
Mar 2022
$1,442
$1,635
Jul 2022
$1,481
$1,708
Nov 2022
$1,483
$1,726
Mar 2023
$1,454
$1,714
Jul 2023
$1,456
$1,739
Nov 2023
$1,477
$1,733
Mar 2024
$1,430
$1,727
Jul 2024
$1,484
$1,752
Nov 2024
$1,461
$1,748

Stafford, Texas Average Apartment Rent

Stafford, Texas Apartment rent ranges

Under $500
$501 - $700
$701 - $1000
$1,000 - $1,500
$1,500 - $2,000
Over $2,000

At 61.39%, apartments priced $1,000 - $1,500 represent the bulk of Stafford, Texas rentals, while condos priced $700 - $1000 hold the lowest share of the market – 2.77%.

Stafford, Texas Housing tenure**

Renter occupied housing units 3,502
Owner occupied housing units 2,956

Renters take up 54% of Stafford, Texas real estate, occupying a total of 3,502 units, while homeowners live in 2,956 properties.

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

3.8

Renter median household income**

$76,148

Average household size of renter-occupied housing units**

2.44

Rental vacancy rate**

8.8%

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

No bedrooms 224
1 bed 1,061
2 beds 1,594
3 beds 361
4 beds 248

There are 1,594 rentals in Stafford, Texas with 2 beds making up the highest share of the market, at 46%. Units with No bedrooms, on the other hand, hold the lowest percentage (6%), amounting to 224 units. Overall, the median number of rooms in Stafford, Texas homes for rent is 3.8.

Stafford, Texas Renter-occupied units by age of householder**

15 - 24 years 375
25 - 34 years 1,096
35 - 44 years 793
45 - 54 years 525
55 - 59 years 252
60 - 64 years 282
65 - 74 years 147
75 - 84 years 20

Most condos for rent in Stafford, Texas are occupied by residents in the 25 - 34 years age group (31%), followed by those in the 35 - 44 years age group (23%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 1%.

Stafford, Texas Renter-occupied housing units by family type**

Family households 1,953
Non-Family Households 1,549

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

With related children of the householder under 18 1,259
No related children of the householder under 18 2,243

A total of 1,953 apartments for rent in Stafford, Texas, or 56% of all rentals are family households. Additionally, 36% of rental homes include children under the age of 18 – that’s 1,259 units. All in all, the median size of a renter-occupied household in Stafford, Texas is 2.44.

Stafford, Texas Renter-occupied housing units by educational attainment**

Less than high school graduate 215
High school graduate (including equivalency) 1,010
Some college or associate's degree 801
Bachelor's degree or higher 1,476

In terms of education, renters holding bachelor degrees or higher make up 42% of the rental market. In contrast, residents with less than a high school degree reside in 6% of the homes for rent in Stafford, Texas.

Stafford, Texas Renter-occupied units by year structure built**

Built 2020 or later 65
Built 2010 - 2019 289
Built 2000 - 2009 429
Built 1990 - 1999 1,213
Built 1980 - 1989 850
Built 1970 - 1979 454
Built 1960 - 1969 97
Built 1950 - 1959 90

The highest share of Stafford, Texas apartment rentals, namely 35% or 1,213 units, were Built 1990 - 1999, followed by those Built 1980 - 1989 (24%, 850 units), and the ones Built 1970 - 1979 (13%, 454 units).

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

Moved in 2021 or later 542
Moved in 2018 to 2020 1,222
Moved in 2010 to 2017 1,423
Moved in 2000 to 2009 280
Moved in 1990 to 1999 27

Median year renter moved into unit 2018

Most Stafford, Texas renters (41%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Stafford, Texas condos for rent is 2018.

Stafford, Texas Renter-occupied housing units by vehicles available**

No vehicle available 205
1 vehicle available 1,351
2 vehicles available 1,789
3 vehicles available 89
4 or more vehicles available 68

When it comes to transportation options, 51% of Stafford, Texas renters have 2 vehicles available per household, 39% of them have 1 vehicle available, and 6% have No vehicle available.

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

Car, truck, or van - drove alone 3,725
Car, truck, or van - carpooled 290
Walked 386
Taxicab, motorcycle, bicycle, or other means 203
Worked at home 211

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

Same house as 1 year ago 6,577
Moved within same county 380
Moved from different county within same state 1,051
Moved from different state 286
Moved from abroad 156

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 Stafford, 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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