The average rent in Texas for January 2024 is $1,288, according to the most recent data from ApartmentList - January 3, 2024. The average rent of a 2-bedroom apartment in Texas is $1,280. The average rent of a 1-bedroom apartment in Texas is $1,143.
Compared to the national average of $1,379, Texas rent costs -6.6% less. Read our analysis of rents by state to see how Texas ranks.
Here's a look at how average rents have changed over time:
Statistic | TX | USA | % Difference |
---|---|---|---|
Average Rent | $1,288 | $1,379 | -6.6% |
M-o-M Change | -$11 | -$11 | -0.0% |
Y-o-Y Change | -$28 | -$14 | 100.0% |
M-o-M % Change | -0.8% | -0.8% | - |
Y-o-Y % Change | -2.1% | -1.0% | - |
As you would expect, the median price for rent in Texas increases as the number of bedrooms in the unit increases. 1-Bedroom rent is the cheapest in Texas clocking in at $1,143, while a 2-bedroom rental will set you back $1,280 per month.
If you don't mind having roommates, the best option on a per room basis is a 2-bedroom rental for $640/room/month.
Read on to find out more or for more on Texas check out:
Texas has experienced a -$11 change in rent over the past month going from $1,299 to $1,288. That change comes out to -0.8%.
For reference, the US national average rent changed -$11 in the past month or -0.8%.
Here's a look at the month over month change for each month since 2017 for Texas:
Over the past year, the average rent in Texas changed -$28 from $1,316 to $1,288. A change of -$28 means that rents changed -2.1% in a year.
That compares to the US national change of -$14 in the past year or -1.0%.
Here's a look at the year over year change by month since 2017 for Texas:
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Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.
He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.
If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.
You can find out more about him on LinkedIn.