Taylor, 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 Taylor, Texas rental market.
Average Apartment Rent in April 2022
Y-o-Y Change in Average
Compared to a year ago, Taylor, Texas apartments have recorded a 3.1% rent increase.
Taylor, Texas |Average apartment rent trend
Taylor, Texas| Average apartment rent
Taylor, Texas | Apartment rent ranges
At 53.4%, apartments priced $1,000 - $1,500 represent the bulk of Taylor, Texas rentals, while condos priced $500 - $700 hold the lowest share of the market – 8.74%.
Taylor, Texas | Housing tenure**
Renters take up 34% of Taylor, Texas real estate, occupying a total of 1,894 units, while homeowners live in 3,705 properties.
Median number of rooms of renter-occupied housing units**
Renter median household income**
Average household size of renter-occupied housing units**
Rental vacancy rate**
Taylor, Texas | Renter-occupied housing units by no. of bedrooms**
There are 879 rentals in Taylor, 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 (3%), amounting to 49 units. Overall, the median number of rooms in Taylor, Texas homes for rent is 4.2.
Taylor, Texas |Renter-occupied units by age of householder**
Most condos for rent in Taylor, Texas are occupied by residents in the 25 - 34 years age group (25%), followed by those in the 35 - 44 years age group (16%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.
Taylor, Texas | Renter-occupied housing units by family type**
Taylor, Texas | Renter-occupied housing units by the presence of own children**
A total of 1,014 apartments for rent in Taylor, Texas, or 54% of all rentals are family households. Additionally, 33% of rental homes include children under the age of 18 – that’s 622 units. All in all, the median size of a renter-occupied household in Taylor, Texas is 3.06.
Taylor, Texas | Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 7% of the rental market. In contrast, residents with less than a high school degree reside in 30% of the homes for rent in Taylor, Texas.
Taylor, Texas | Renter-occupied units by year structure built**
The highest share of Taylor, Texas apartment rentals, namely 22% or 422 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (20%, 384 units), and the ones Built 1939 or earlier (12%, 227 units).
Taylor, Texas | Renter-occupied units by year householder moved in**
Median year renter moved into unit2013
Most Taylor, Texas renters (43%) moved in 2010 to 2014, while only 3% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Taylor, Texas condos for rent is 2013.
Taylor, Texas | Renter-occupied housing units by vehicles available**
When it comes to transportation options, 46% of Taylor, Texas renters have 1 vehicle available per household, 33% of them have 2 vehicles available, and 14% have No vehicle available.
Taylor, Texas | Means of transportation to work of householders living in renter-occupied housing units**
Taylor, Texas |Geographical mobility in the past year for householders living in renter-occupied housing units**
Taylor, 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 Taylor, 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