Sugar Land, 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 Sugar Land, Texas rental market.
Sugar Land, Texas
Average Apartment Rent in March 2022
$1,570
Y-o-Y Change in Average
Apartment Rent
18.6%
Compared to a year ago, Sugar Land, Texas apartments have recorded a 18.6% rent increase.
Sugar Land, Texas |Average apartment rent trend
Sugar Land, Texas| Average apartment rent
Sugar Land, Texas | Apartment rent ranges
At 46.38%, apartments priced $1,000 - $1,500 represent the bulk of Sugar Land, Texas rentals, while condos priced $700 - $1000 hold the lowest share of the market – 0.51%.
Sugar Land, Texas | Housing tenure**
Renters take up 19% of Sugar Land, Texas real estate, occupying a total of 7,319 units, while homeowners live in 31,979 properties.
Median number of rooms of renter-occupied housing units**
4.7
Renter median household income**
$79,712
Average household size of renter-occupied housing units**
2.56
Rental vacancy rate**
7.5%
Sugar Land, Texas | Renter-occupied housing units by no. of bedrooms**
There are 1,892 rentals in Sugar Land, Texas with 1 bed making up the highest share of the market, at 26%. Units with No bedrooms, on the other hand, hold the lowest percentage (2%), amounting to 145 units. Overall, the median number of rooms in Sugar Land, Texas homes for rent is 4.7.
Sugar Land, Texas |Renter-occupied units by age of householder**
Most condos for rent in Sugar Land, Texas are occupied by residents in the 35 - 44 years age group (22%), followed by those in the 25 - 34 years age group (22%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 4%.
Sugar Land, Texas | Renter-occupied housing units by family type**
Sugar Land, Texas | Renter-occupied housing units by the presence of own children**
A total of 4,535 apartments for rent in Sugar Land, Texas, or 62% of all rentals are family households. Additionally, 38% of rental homes include children under the age of 18 – that’s 2,800 units. All in all, the median size of a renter-occupied household in Sugar Land, Texas is 2.56.
Sugar Land, Texas | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 54% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Sugar Land, Texas.
Sugar Land, Texas | Renter-occupied units by year structure built**
The highest share of Sugar Land, Texas apartment rentals, namely 33% or 2,420 units, were Built 1980 - 1989, followed by those Built 1990 - 1999 (23%, 1,689 units), and the ones Built 2000 - 2009 (14%, 1,052 units).
Sugar Land, Texas | Renter-occupied units by year householder moved in**
Median year renter moved into unit2016
Most Sugar Land, Texas renters (33%) moved in 2015 to 2016, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Sugar Land, Texas condos for rent is 2016.
Sugar Land, Texas | Renter-occupied housing units by vehicles available**
When it comes to transportation options, 39% of Sugar Land, Texas renters have 2 vehicles available per household, 39% of them have 1 vehicle available, and 10% have No vehicle available.
Sugar Land, Texas | Means of transportation to work of householders living in renter-occupied housing units**
Sugar Land, Texas |Geographical mobility in the past year for householders living in renter-occupied housing units**
Sugar Land, 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 Sugar Land, 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