Wells Branch, 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 Wells Branch, Texas rental market.

Wells Branch, Texas

Average Apartment Rent

$1,257

Y-o-Y Change in Average
Apartment Rent

-6.8%

As of May 2026

Compared to a year ago, Wells Branch, Texas apartments have recorded a -6.8% rent decrease.

Wells Branch, Texas Average apartment rent trend

Median Rent Jul 2023 Nov 2023 Mar 2024 Jul 2024 Nov 2024 Mar 2025 Jul 2025 Nov 2025 Mar 2026
Wells Branch $1,519 $1,470 $1,445 $1,400 $1,345 $1,334 $1,334 $1,277 $1,252
National $1,741 $1,732 $1,736 $1,756 $1,749 $1,755 $1,767 $1,753 $1,750
Wells Branch
National
Jul 2023
$1,519
$1,741
Nov 2023
$1,470
$1,732
Mar 2024
$1,445
$1,736
Jul 2024
$1,400
$1,756
Nov 2024
$1,345
$1,749
Mar 2025
$1,334
$1,755
Jul 2025
$1,334
$1,767
Nov 2025
$1,277
$1,753
Mar 2026
$1,252
$1,750

Wells Branch, Texas Average Apartment Rent

Wells Branch, Texas Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 53.57%, apartments priced $1,000 - $1,500 represent the bulk of Wells Branch, Texas rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 5.15%.

Wells Branch, Texas Housing tenure**

Renter occupied housing units 5,024
Owner occupied housing units 1,965

Renters take up 72% of Wells Branch, Texas real estate, occupying a total of 5,024 units, while homeowners live in 1,965 properties.

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

3.4

Renter median household income**

$51,181

Average household size of renter-occupied housing units**

1.85

Rental vacancy rate**

4.2%

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

No bedrooms 406
1 bed 2,547
2 beds 1,437
3 beds 496
4 beds 138

There are 2,547 rentals in Wells Branch, Texas with 1 bed making up the highest share of the market, at 51%. Units with 4 beds, on the other hand, hold the lowest percentage (3%), amounting to 138 units. Overall, the median number of rooms in Wells Branch, Texas homes for rent is 3.4.

Wells Branch, Texas Renter-occupied units by age of householder**

15 - 24 years 437
25 - 34 years 1,514
35 - 44 years 1,462
45 - 54 years 735
55 - 59 years 298
60 - 64 years 90
65 - 74 years 269
75 - 84 years 149
85 years and over 70

Most condos for rent in Wells Branch, Texas are occupied by residents in the 25 - 34 years age group (30%), followed by those in the 35 - 44 years age group (29%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 1%.

Wells Branch, Texas Renter-occupied housing units by family type**

Family households 2,002
Non-Family Households 3,022

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

With related children of the householder under 18 988
No related children of the householder under 18 4,036

A total of 2,002 apartments for rent in Wells Branch, Texas, or 40% of all rentals are family households. Additionally, 20% of rental homes include children under the age of 18 – that’s 988 units. All in all, the median size of a renter-occupied household in Wells Branch, Texas is 1.85.

Wells Branch, Texas Renter-occupied housing units by educational attainment**

Less than high school graduate 207
High school graduate (including equivalency) 1,452
Some college or associate's degree 1,597
Bachelor's degree or higher 1,768

In terms of education, renters holding bachelor degrees or higher make up 35% of the rental market. In contrast, residents with less than a high school degree reside in 4% of the homes for rent in Wells Branch, Texas.

Wells Branch, Texas Renter-occupied units by year structure built**

Built 2010 - 2019 908
Built 2000 - 2009 717
Built 1990 - 1999 1,295
Built 1980 - 1989 1,545
Built 1970 - 1979 331
Built 1960 - 1969 174
Built 1939 or earlier 54

The highest share of Wells Branch, Texas apartment rentals, namely 31% or 1,545 units, were Built 1980 - 1989, followed by those Built 1990 - 1999 (26%, 1,295 units), and the ones Built 2010 - 2019 (18%, 908 units).

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

Moved in 2021 or later 927
Moved in 2018 to 2020 1,821
Moved in 2010 to 2017 1,925
Moved in 2000 to 2009 316
Moved in 1990 to 1999 35

Median year renter moved into unit 2018

Most Wells Branch, Texas renters (38%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Wells Branch, Texas condos for rent is 2018.

Wells Branch, Texas Renter-occupied housing units by vehicles available**

No vehicle available 448
1 vehicle available 3,041
2 vehicles available 1,288
3 vehicles available 138
4 vehicles available 65
5 or more vehicles available 44

When it comes to transportation options, 61% of Wells Branch, Texas renters have 1 vehicle available per household, 26% of them have 2 vehicles available, and 9% have No vehicle available.

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

Car, truck, or van - drove alone 4,248
Car, truck, or van - carpooled 540
Public transportation (excluding taxicab) 35
Walked 97
Taxicab, motorcycle, bicycle, or other means 215
Worked at home 740

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

Same house as 1 year ago 6,120
Moved within same county 1,398
Moved from different county within same state 721
Moved from different state 419
Moved from abroad 599

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 Wells 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

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