Willis, 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 Willis, Texas rental market.

Willis, 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, Texas apartments have recorded a -1.7% rent decrease.

Willis, 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
Willis $1,061 $1,222 $1,297 $1,303 $1,440 $1,353 $1,440 $1,440 $1,416 $1,416
National $1,596 $1,635 $1,708 $1,726 $1,714 $1,739 $1,733 $1,727 $1,752 $1,748
Willis
National
Nov 2021
$1,061
$1,596
Mar 2022
$1,222
$1,635
Jul 2022
$1,297
$1,708
Nov 2022
$1,303
$1,726
Mar 2023
$1,440
$1,714
Jul 2023
$1,353
$1,739
Nov 2023
$1,440
$1,733
Mar 2024
$1,440
$1,727
Jul 2024
$1,416
$1,752
Nov 2024
$1,416
$1,748

Willis, Texas Average Apartment Rent

Willis, Texas Housing tenure**

Renter occupied housing units 917
Owner occupied housing units 1,434

Renters take up 39% of Willis, 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, Texas Renter-occupied housing units by no. of bedrooms**

2 beds 314
3 beds 357
4 beds 188
5 or more beds 58

There are 357 rentals in Willis, 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, Texas homes for rent is 5.1.

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

15 - 24 years 65
25 - 34 years 123
35 - 44 years 263
45 - 54 years 314
55 - 59 years 58
65 - 74 years 51
75 - 84 years 43

Most condos for rent in Willis, 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, Texas Renter-occupied housing units by family type**

Family households 494
Non-Family Households 423

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

With related children of the householder under 18 260
No related children of the householder under 18 657

A total of 494 apartments for rent in Willis, 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, Texas is 2.19.

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

Less than high school graduate 184
High school graduate (including equivalency) 320
Some college or associate's degree 322
Bachelor's degree or higher 91

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, Texas.

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

Built 2010 - 2019 100
Built 2000 - 2009 141
Built 1990 - 1999 136
Built 1980 - 1989 299
Built 1970 - 1979 198
Built 1950 - 1959 43

The highest share of Willis, 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, Texas Renter-occupied units by year householder moved in**

Moved in 2021 or later 57
Moved in 2018 to 2020 223
Moved in 2010 to 2017 355
Moved in 2000 to 2009 224
Moved in 1989 or earlier 58

Median year renter moved into unit 2014

Most Willis, 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, Texas condos for rent is 2014.

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

1 vehicle available 545
2 vehicles available 348
3 or more vehicles available 24

When it comes to transportation options, 59% of Willis, Texas renters have 1 vehicle available per household, 38% of them have 2 vehicles available, and 3% have 3 or more vehicles available.

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

Car, truck, or van - drove alone 1,132
Car, truck, or van - carpooled 103
Walked 24
Taxicab, motorcycle, bicycle, or other means 15
Worked at home 61

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

Same house as 1 year ago 1,556
Moved within same county 326
Moved from different county within same state 129

Willis, 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, 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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