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Houston, we do not have a problem, because the fourth largest city in the United States is one of today's most up and coming, with opportunities to the moon and back.
Home to twenty-six Fortune 500 companies, ample job openings, numerous healthcare organizations, beautiful parks and outdoor space, sports teams, and world class dining, Houston has just about everything going for it. With affordable housing and a paycheck that goes far, Houston is all about bang for your buck in your apartment search. Hit the beach by day and get your culture fix by night at the theatre or the opera. Houston is racially and ethnically diverse, and you might hear more than 90 languages spoken in this city. Beyonce was born in Houston – get ready to fall crazy in love with this city and your new apartment.
The Houston economy is broadly based on energy, manufacturing, aeronautics, and transportation, with a growing bio-science sector that has helped it earn the #10 spot on the Forbes job growth list. There are a whopping 24 Fortune 500 companies headquartered in Houston, including Phillips 66, ConocoPhillips, Halliburton, and Sysco (food distributor). In addition to Fortune 500 companies, Houston is also home to the headquarters of Academy Sports + Outdoors, BP, Chevron, Citgo, Fiesta Mart, Men’s Wearhouse, Luby’s, Pennzoil, and Shell Oil Company. Hewlett-Packard maintains a large presence in the area, and the corporate offices of Imperial Sugar and Minute Maid are also located here. Outside of the food, shopping, and oil fields, the employment outlook is all about the emerging technology and bio-science sector. Notable companies include Pi Studios and Playnormous (which design computer games), HostGator (a web-hosting site), Family Tree DNA (genetic testing company), and Archimage, which is doing some serious video game development for the medical research community.
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Houston residents appreciate the city's diverse food scene and access to cultural activities, with many highlighting the vibrant art and music communities. The variety of neighborhoods, from upscale areas to more affordable options, offers choices that cater to different lifestyles. However, some locals mention issues with traffic congestion and public transportation, which can complicate commuting. The availability of parks and outdoor spaces is a plus for those who enjoy being active and spending time in nature. Overall, the city’s amenities make it an appealing place to live, though commuting remains a consideration.
The average rent for a 1-bedroom apartment in Houston, TX is $1,310, while a 2-bedroom apartment averages $1,597.
Rents in Houston, TX have decreased by about 2% overall. Specifically, the average rent for a 1-bedroom has decreased by 4%, and 2-bedrooms have also seen a 4% decrease.
The best time to look for an apartment in Houston, TX is in December, as it is the least competitive month with less demand compared to available inventory, offering potential deals.
The best neighborhoods for social living in Houston, TX include Fourth Ward, Neartown-Montrose, Midtown, and Downtown Houston, known for their vibrant restaurant scenes and convenient transit options.
Budget-conscious renters should consider Edgebrook, Westwood, Kashmere Gardens, and Park Place, where 1-bedroom rents range from $760 to $836.5 per month, significantly lower than the city median.
Yes, Houston, TX has a high percentage of pet-friendly listings at 79.94%, offering plenty of options for renters with pets.
Utilities are not commonly included in rent in Houston, TX, with only 4% of listings offering utilities included.
Most apartments in Houston, TX are new developments, with 89.7% of the rental market consisting of contemporary-style homes and apartments.
Zumper’s proprietary rental data fuels our analysis. Rent and market trends, availability, neighborhood popularity, and lifestyle scores are all calculated using real-time and 2024 rental inventory and prices.
Our Lifestyle Categories ("great for eco-living," "great for social life," "great for pet owners," etc.) are determined by set criteria, against which we score each listing and its available features. At the neighborhood level, we calculate the listing count for each category to determine which lifestyles best fit each area.
Zumper, founded in 2012, is North America’s largest privately-owned rental platform, offering over 1 million listings across the U.S. and Canada. Stay informed on the latest trends and shifts in the rental market with our monthly National Rent Report, your go-to resource for key insights into the evolving rental landscape.