Houston, TX Rental Market
Houston is the energy capital of the world and home to the Texas Medical Center — the largest medical complex on the planet — along with one of the busiest ports in the United States. This diversity of economic drivers, spanning oil and gas, healthcare, aerospace, and international trade, creates a deep and resilient rental market that attracts tenants from a wide range of industries and income levels.
Get a rent estimate for an address in HoustonAverage Rent in Houston, TX
$1,350
per month · 2026-06
Market Score
Key Facts — Houston, TX Rental Market
- Average rent in Houston, TX:$1,350/mo
- Median rent:$1,242/mo
- Rent range:$675 – $2,950/mo
- Most common rental (2 bedrooms):$1,200/mo
- Active listings:3,200
- Avg days to lease:27 days
- Year-over-year change:+3.2%
- Median home value:$205,000
- Est. gross annual yield:7.9%
- Data as of:2026-06
Rent by Bedroom in Houston, TX
Average monthly rent for each bedroom type based on current active listings in Houston.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $975/mo |
2 Bedrooms | $1,200/mo |
3 Bedrooms | $1,500/mo |
4 Bedrooms | $1,875/mo |
5 Bedrooms | $2,125/mo |
Houston Rental Market Statistics
Key indicators from the current Houston, TX rental market.
3,200
Available now in Houston
27
From list to lease
$1.04
Average across listings
1,300 sq ft
Typical rental size
$675 – $2,950
Min to max active listings
+3.2%
Avg rent vs. prior year
Investing in Houston, TX Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$205,000
Typical purchase price in Houston
Est. Gross Annual Yield
7.9%
Before expenses & vacancy
Avg Monthly Income
$1,350
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Houston for a full cash-flow breakdown including all costs.
Houston, TX Rental Market FAQ
Common questions about renting and investing in Houston, TX.
What is the average rent in Houston, TX?
The average rent in Houston, TX is $1,350 per month as of 2026. One-bedroom apartments average $975/mo, two-bedrooms average $1,200/mo, and three-bedroom homes average $1,500/mo. Rents vary considerably by neighborhood — areas like Montrose, Midtown, and the Heights command a premium, while outer suburbs offer more affordable options.
Is Houston, TX a good place to invest in rental property?
Houston offers a strong 7.9% estimated gross annual yield driven by relatively affordable home prices and robust rental demand. The city's energy sector, Texas Medical Center (employing over 100,000 people), major port operations, and status as a corporate HQ hub for Fortune 500 companies create a diverse and stable tenant base. Steady 3.2% year-over-year rent growth supports long-term returns.
How competitive is the Houston, TX rental market?
Houston is a large and highly active rental market with over 3,200 active listings and an average of just 27 days on market. Properties in popular inner-loop neighborhoods like the Heights, Midtown, and Montrose move fastest, often receiving multiple applications within days. The massive inventory provides tenants with ample choice while keeping well-maintained properties in demand.
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