Apartments for Rent in Memorial, Houston, TX

Memorial, Houston apartment availability

Memorial's rental market offers a very strong selection of listings, with an average of 391 rentals available each month in 2024. The majority of rentals are 1-bedroom and 2-bedroom apartments, with a smaller number of 3-bedroom apartments and studios also available. Many of these apartments offer popular amenities such as swimming pools, air conditioning, and pet-friendly options with restrictions, making Memorial a great choice for renters looking for comfort and convenience. With its diverse range of rentals and amenities, Memorial is a popular neighborhood for renters in Houston.

Memorial, Houston rental market trends

Memorial, Houston's rental market experienced a modest 3.4% year-over-year increase in average rent prices, reaching $1,966 per month in 2024. Breaking down by bed count, 1-bedroom units saw a slight decrease of 0.02% to $1,627, while 2-bedroom units rose 0.29% to $2,299. In contrast, 3-bedroom units experienced a 7.2% decline to $3,506, and studios decreased by 0.55% to $1,490.

Rent prices fluctuate throughout the year, with March being the most expensive month, 9.5% higher than the lowest month, July. For renters looking for a more affordable option, July may be the best time to find a deal. Overall, Memorial's rental market remains relatively stable, with moderate price increases and decreases across different bed counts.

Why Memorial, Houston is a great place to live

Memorial is a top choice for renters who prioritize social living and pet ownership. According to data, apartments in Memorial often feature pet-friendly amenities such as pet washing areas, outdoor spaces, and pet-safe windows, making it an ideal neighborhood for pet owners. Additionally, the area's social scene is enhanced by its street infrastructure, transit frequency, and shared community spaces, making it easy to get around and connect with others. With a mix of age groups in the neighborhood, Memorial offers a unique blend of community and convenience, perfect for renters seeking an active social life and a welcoming environment for their pets.