Willis City, 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 Willis City, Texas rental market.
Willis City, Texas
Average Apartment Rent
$1,416
Y-o-Y Change in Average
Apartment Rent
-1.7%
As of November 2024
Compared to a year ago, Willis City, Texas apartments have recorded a -1.7% rent decrease.
Willis City, Texas Average apartment rent trend
Willis City, Texas Average Apartment Rent
Willis City, Texas Housing tenure**
Renters take up 39% of Willis City, Texas real estate, occupying a total of 917 units, while homeowners live in 1,434 properties.
Median number of rooms of renter-occupied housing units**
5.1
Renter median household income**
$51,602
Average household size of renter-occupied housing units**
2.19
Willis City, Texas Renter-occupied housing units by no. of bedrooms**
There are 357 rentals in Willis City, Texas with 3 beds making up the highest share of the market, at 39%. Units with 5 or more beds, on the other hand, hold the lowest percentage (6%), amounting to 58 units. Overall, the median number of rooms in Willis City, Texas homes for rent is 5.1.
Willis City, Texas Renter-occupied units by age of householder**
Most condos for rent in Willis City, Texas are occupied by residents in the 45 - 54 years age group (34%), followed by those in the 35 - 44 years age group (29%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 5%.
Willis City, Texas Renter-occupied housing units by family type**
Willis City, Texas Renter-occupied housing units by the presence of own children**
A total of 494 apartments for rent in Willis City, Texas, or 54% of all rentals are family households. Additionally, 28% of rental homes include children under the age of 18 – that’s 260 units. All in all, the median size of a renter-occupied household in Willis City, Texas is 2.19.
Willis City, Texas Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 10% of the rental market. In contrast, residents with less than a high school degree reside in 20% of the homes for rent in Willis City, Texas.
Willis City, Texas Renter-occupied units by year structure built**
The highest share of Willis City, Texas apartment rentals, namely 33% or 299 units, were Built 1980 - 1989, followed by those Built 1970 - 1979 (22%, 198 units), and the ones Built 2000 - 2009 (15%, 141 units).
Willis City, Texas Renter-occupied units by year householder moved in**
Median year renter moved into unit 2014
Most Willis City, Texas renters (39%) moved in 2010 to 2017, while only 6% of them moved in 2021 or later. Overall, the median year renters have occupied their Willis City, Texas condos for rent is 2014.
Willis City, Texas Renter-occupied housing units by vehicles available**
When it comes to transportation options, 59% of Willis City, Texas renters have 1 vehicle available per household, 38% of them have 2 vehicles available, and 3% have 3 or more vehicles available.
Willis City, Texas Means of transportation to work of householders living in renter-occupied housing units**
Willis City, Texas Geographical mobility in the past year for householders living in renter-occupied housing units**
Willis City, 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 Willis City, 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
