Average Rent in Downtown Houston, Houston, TX

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Current Versus Historical Downtown Houston, Houston, TX Rents

Downtown Houston rentals average $1,600 for a studio rental to $3,000 for a 3-bedroom rental. The median price of all currently available listings is $2,025, or roughly $2 per square feet.
For the apartment units and housing in November 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $51 (-2.95%) year-over-year from $1,719 to $1,668. 1-bedroom rentals prices have decreased by $322 (-13.83%) year-over-year from $2,327 to $2,005. 2-bedroom rentals prices have decreased by $595 (-17.31%) year-over-year from $3,438 to $2,843. 3-bedroom rentals prices have decreased by $1,386 (-30.57%) year-over-year from $4,533 to $3,148. 4-bedroom rentals prices have increased by $492 (11.43%) year-over-year from $4,308 to $4,800. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 1.64% this month. 1-bedroom rents have gone down by 6.58% this month. 2-bedroom rents have gone down by 3.86% this month. 3-bedroom rents have gone down by 34.52% this month. 4-bedroom rents have gone down by 0.00% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $2.48 $1,668 $1,719 (-2.95%) $1,337 (24.76%)
1 BR $2.37 $2,005 $2,327 (-13.83%) $1,828 (9.68%)
2 BR $1.92 $2,843 $3,438 (-17.31%) $2,678 (6.16%)
3 BR $1.41 $3,148 $4,533 (-30.57%) $3,757 (-16.22%)

Historical Rents in Downtown Houston, Houston, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Downtown Houston

There are a total of 13 cities nearby Downtown Houston. The average rent in Downtown Houston is currently $1,955 per month. A total of 7 cities nearby have an average rent lower than that. Our records show that Baytown, TX, with an average rent of $1,545, is the most affordable city nearby. In contrast, the most expensive city near Downtown Houston, Houston, TX is The Woodlands, TX. Monthly rents here are on average $2,715 per month.

Let's compare Downtown Houston, Houston, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 38.46% more expensive. Two bedrooms in Downtown Houston, Houston, TX are about 40.41% more expensive. Finally, rent for three bedrooms are about 33.33% more expensive. Want more information? Check out the top 10 cities out of 13 total cities near Downtown Houston, Houston, TX in the following chart.
City Studio 1 Bed 2 Bed All
Baytown, TX N/A $913 $1,213 $1,545
Pasadena, TX $8,250 $815 $1,400 $1,750
Houston, TX $1,200 $1,283 $1,675 $1,815
Spring, TX $1,775 N/A $1,425 $1,955
Atascocita, TX N/A $1,584 $2,020 $2,095
League City, TX N/A $1,359 $1,797 $2,312
Missouri City, TX N/A N/A $1,600 $2,350
Pearland, TX N/A $825 $1,450 $2,360
Sugar Land, TX N/A $2,200 $1,800 $2,400
The Woodlands, TX $2,025 $1,550 $2,334 $2,715

Top Neighborhoods Near Downtown Houston

There are a total of 47 neighborhoods in or near Downtown Houston. Some of these neighborhoods include South Main, Greater Eastwood, and Braeswood Place. We've included the top 30 neighborhoods out of 47 total neighborhoods in or near Downtown Houston, Houston, TX in the following chart.

The average rent for these 30 neighborhoods in or near Downtown Houston, Houston, TX is currently around $1,850 per month. A total of 30 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Downtown Houston, Greater Inwood has the most affordable average rent at $1,050 per month. Whereas, at $2,800 average rent per month, Washington Avenue - Memorial Park is the most expensive neighborhood in or near Downtown Houston. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
South Main, Houston, TX N/A $1,200 $1,250 $1,327
Greater Eastwood, Houston, TX $850 $1,285 $1,550 $1,500
Braeswood Place, Houston, TX $1,293 $1,409 $1,795 $1,525
Greenway - Upper Kirby, Houston, TX N/A $1,275 $2,000 $1,532
Woodlake - Briar Meadow, Houston, TX $850 $1,048 $1,600 $1,540
Astrodome, Houston, TX N/A $1,350 $1,570 $1,543
Neartown - Montrose, Houston, TX $1,100 $1,300 $1,898 $1,641
MacGregor, Houston, TX N/A $1,225 $1,275 $1,650
East Houston, Houston, TX N/A N/A N/A $1,700
Spring Branch East, Houston, TX N/A $1,465 $1,800 $1,790
South Park, Houston, TX N/A N/A $1,400 $1,800
Central Southwest, Houston, TX $1,750 $1,343 $1,579 $1,806
Northside - Northline, Houston, TX N/A $950 $1,425 $1,825
OST - South Union, Houston, TX $1,925 $825 $1,200 $1,850
Northside Village, Houston, TX $900 $995 $1,750 $1,850
Sunnyside, Houston, TX $2,100 N/A $1,265 $1,850
South Acres - Crestmont Park, Houston, TX N/A $1,288 $850 $1,900
University Place, Houston, TX N/A $1,494 $2,000 $1,950
Great Uptown, Houston, TX $1,725 $1,508 $2,000 $1,988
Second Ward, Houston, TX $799 $1,100 $1,785 $2,000
Midtown, Houston, TX $1,150 $1,634 $2,293 $2,027
Spring Branch Central, Houston, TX N/A $1,100 $1,700 $2,100
Greater Third Ward, Houston, TX N/A $1,050 $1,195 $2,148
Independence Heights, Houston, TX N/A $1,538 $1,930 $2,173
Greater Heights, Houston, TX $1,200 $1,610 $2,350 $2,300
Acres Home, Houston, TX $3,350 N/A $1,750 $2,300
Greater Fifth Ward, Houston, TX $575 $895 $1,400 $2,300
Oak Forest - Garden Oaks, Houston, TX $3,750 $1,199 $1,673 $2,400
The Museum District, Houston, TX $1,294 $2,138 $2,690 $2,511
Washington Avenue - Memorial Park, Houston, TX N/A $1,600 $2,345 $2,800

Top Counties Near Downtown Houston

There are a total of 47 counties located by Downtown Houston, Houston, TX. Some of these counties include Baytown, TX, Pasadena, TX, and Houston, TX. The average rent for rentals in these counties is $1,998. That's roughly around $1 per sqft. A total of 14 counties have a lower average rent. The county that is the most affordable is Prairie View-Waller, TX. It's average rent per month is $1,350. Vice versa, with an average rent of $2,650, Fulshear-Simonton, TX is the most expensive county by Downtown Houston, Houston, TX.

Typically, rent for studios in Downtown Houston, Houston, TX is 23.44% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Downtown Houston, Houston, TX is 46.19% more expensive than other counties nearby. Finally, rent for two bedrooms in Downtown Houston, Houston, TX is 46.00% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Baytown, TX N/A $913 $1,237 $1,498
Pasadena, TX $8,250 $815 $1,375 $1,700
Houston, TX $1,243 $1,300 $1,676 $1,900
Texas City-League City, TX $600 $1,000 $1,375 $1,950
Southeast Harris, TX N/A $1,125 $1,500 $2,000
Northeast Harris, TX $565 N/A $1,150 $2,000
Northwest Harris, TX $1,900 $999 $1,434 $2,150
Stafford-Missouri City, TX N/A $1,675 $1,600 $2,250
Alvin-Pearland, TX $2,000 $875 $1,450 $2,300
Sugar Land, TX $1,300 $1,370 $1,829 $2,400

Top Zipcodes Near Downtown Houston

There are a total of 50 zipcodes in or near Downtown Houston, Houston, TX. The average rent for all of these zipcodes is $2,006. A total of 26 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 77090, Northwest Harris, TX at $1,161 per month. In comparison, the zipcode with the most expensive average rent of $3,100 per month is 77008, Houston, TX.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Downtown Houston, Houston, TX is $1,255 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,716 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Downtown Houston, Houston, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
77002, Houston, TX $1,590 $1,839 $2,635 $1,995
77004, Houston, TX $900 $1,795 $1,550 $2,300
77006, Houston, TX $1,150 $1,400 $1,625 $1,598
77007, Houston, TX N/A $1,590 $2,345 $2,800
77019, Houston, TX N/A $1,631 $2,395 $2,100
77098, Houston, TX $773 $1,245 $2,175 $1,695
77021, Houston, TX $1,925 $875 $1,200 $1,875
77008, Houston, TX $1,200 $1,228 $2,400 $3,100
77027, Houston, TX N/A $1,373 $1,898 $1,895
77054, Houston, TX N/A $1,300 $1,528 $1,440

Frequently Asked Questions - Downtown Houston Average Rents

What is the average rent price in Downtown Houston, Houston, TX?
The average monthly rental price for Downtown Houston, Houston, TX apartments for rent is approximately $2,025. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Downtown Houston, Houston, TX rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Downtown Houston, Houston, TX.
How much is a studio apartment in Downtown Houston, Houston, TX?
The average monthly rental price for studio apartments is $1,600 and an average price per square feet of $2.48. There are a total of 11 studio apartment listings currently available for rent in Downtown Houston.
How much is a one bedroom apartment in Downtown Houston, Houston, TX?
The average monthly rental price for one bedroom apartments is $1,857 and an average price per square feet of $2.37. There are a total of 68 one bedroom apartment listings currently available for rent in Downtown Houston.
How much is a two bedroom apartment in Downtown Houston, Houston, TX?
The average monthly rental price for two bedroom apartments is $2,685 and an average price per square feet of $1.92. There are a total of 45 two bedroom apartment listings currently available for rent in Downtown Houston.
How have rent prices in Downtown Houston, Houston, TX changed this year?
Rent prices for rentals in Downtown Houston, Houston, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.03%, one bedroom rental prices have changed by -0.14%, two bedroom rental prices have changed by -0.17%, and three bedroom rental prices have changed by -0.31% year-over-year.
What is a reasonable rent price in Downtown Houston, Houston, TX?
A reasonable rent price in Downtown Houston, Houston, TX is around $1,620/month. You can search for these reasonably priced rental listings on RentHop.
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