Apartments for Rent in University Place, Houston, TX

University Place, Houston apartment availability

University Place's rental market offers a strong selection of listings, with an average of 141 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, including swimming pools, which are available in 67% of rentals. Additionally, 61% of apartments in University Place are pet-friendly, making this neighborhood a great option for renters with pets. With a range of apartment sizes and amenities to choose from, University Place is a versatile neighborhood for renters.

University Place, Houston rental market trends

The University Place neighborhood in Houston saw a significant increase in rent prices last year, with an average monthly rent of $2,544, reflecting a 10.2% year-over-year increase. Breaking it down by bed count, 1-bedrooms averaged $2,353 per month, a 7.7% increase from the previous year. The average rent for a 2-bedroom was $3,472, with a notable 20.4% year-over-year increase. Studios, on the other hand, averaged $1,476 per month, with a 7.8% increase.

In terms of seasonality, February typically sees the highest rent prices, with a 9.6% increase compared to January, the month with the lowest rent. If you're looking for a new apartment, be prepared for higher prices in the winter months. However, if you're flexible with your move-in date, January may be a good time to find a more affordable option. Keep in mind that the rental market in University Place can be competitive, especially during the peak season.

Why University Place, Houston is a great place to live

University Place is a top choice for renters who prioritize pet friendliness and social living. According to 2024 data, apartments in this neighborhood often feature pet-friendly amenities like washing areas, designated pet spaces, and outdoor areas, making it an ideal spot for pet owners. Additionally, the neighborhood's safety, mix of age groups, and variety of restaurants contribute to its vibrant social scene. With convenient transit options and well-maintained street infrastructure, University Place makes it easy for residents to get out and about, whether that's meeting friends at a local eatery or exploring the surrounding area.