The Zumper Houston Metro Area Report analyzed active listings in August 2019 across 8 metro cities to show the most and least expensive cities and cities with the fastest growing rents. The Texas one bedroom median rent was $968 last month.
The Most Expensive
–Sugar Land was the most expensive city with one bedrooms priced at $1,180.
–Pearland rent grew 0.9% to $1,120 and ranked as the second priciest city.
–Houston was third with rent priced at $1,100.
The Least Expensive
-Huntsville ranked as the most affordable city with one bedrooms priced at $530.
–Pasadena was second with rent at $720.
-Galveston ranked as third with rent up 4.4% to $950.
The Fastest Growing (Y/Y%)
–Galveston had the fastest growing rent, up 15.9% since this time last year.
–Pearland saw rent climb 5.7%, making it the second fastest growing.
–League City was third with rent growing 1%.
The Fastest Growing (M/M%)
–Huntsville had the largest monthly rental growth rate, up 6.0%.
–Sugar Land rent jumped 5.4% last month, making it the second fastest growing.
–Galveston ranked as third with rent up 4.4%.
About
The Zumper Houston Metro Area Report analyzed active
listings that hit the market last month. Listings are aggregated by city to
calculate median asking rents.
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