Average Rent in Downtown Houston, Houston, TX

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Current Versus Historical Downtown Houston, Houston, TX Rents

Downtown Houston rentals average $1,590 for a studio rental to $0 for a 4-bedroom rental. The median price of all currently available listings is $2,055, 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 $60 (-3.47%) year-over-year from $1,719 to $1,659. 1-bedroom rentals prices have decreased by $344 (-14.79%) year-over-year from $2,327 to $1,983. 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 $1,333 (-29.41%) year-over-year from $4,533 to $3,200. 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 2.00% this month. 1-bedroom rents have gone down by 7.31% this month. 2-bedroom rents have gone down by 3.86% this month. 3-bedroom rents have gone down by 33.67% 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 $2.49 $1,659 $1,719 (-3.47%) $1,337 (24.08%)
1 BR $2.38 $1,983 $2,327 (-14.79%) $1,828 (8.45%)
2 BR $1.96 $2,843 $3,438 (-17.31%) $2,678 (6.16%)
3 BR $1.37 $3,200 $4,533 (-29.41%) $3,757 (-14.83%)

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 14 cities nearby Downtown Houston. The average rent in Downtown Houston is currently $2,053 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 $1,500, is the most affordable city nearby. In contrast, the most expensive city near Downtown Houston, Houston, TX is Sienna Plantation, TX. Monthly rents here are on average $2,900 per month.

Let's compare Downtown Houston, Houston, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 45.69% more expensive. Two bedrooms in Downtown Houston, Houston, TX are about 41.66% more expensive. Finally, rent for three bedrooms are about 26.29% more expensive. Want more information? Check out the top 10 cities out of 14 total cities near Downtown Houston, Houston, TX in the following chart.
City Studio 1 Bed 2 Bed All
Baytown, TX N/A $900 $1,193 $1,500
Pasadena, TX $8,250 $850 $1,400 $1,700
Houston, TX $1,150 $1,275 $1,665 $1,810
Spring, TX $1,775 N/A $1,350 $1,955
Atascocita, TX N/A $1,570 $2,018 $2,150
League City, TX N/A $1,409 $1,802 $2,380
Pearland, TX N/A $900 $1,600 $2,400
Sugar Land, TX N/A $2,225 $1,800 $2,400
Missouri City, TX N/A N/A $1,600 $2,413
Sienna Plantation, TX N/A N/A N/A $2,900

Top Neighborhoods Near Downtown Houston

There are a total of 47 neighborhoods in or near Downtown Houston. Some of these neighborhoods include South Main, Greenway - Upper Kirby, and Astrodome. 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 32 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 $1,075 per month. Whereas, at $2,850 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 $968 $1,250 $1,298
Greenway - Upper Kirby, Houston, TX N/A $1,250 $1,850 $1,450
Astrodome, Houston, TX N/A $1,295 $1,570 $1,520
Braeswood Place, Houston, TX $1,293 $1,425 $1,675 $1,525
Greater Eastwood, Houston, TX N/A $1,285 $1,600 $1,595
Woodlake - Briar Meadow, Houston, TX $850 $1,023 $1,550 $1,600
Neartown - Montrose, Houston, TX $950 $1,250 $2,150 $1,613
MacGregor, Houston, TX N/A $1,095 $1,275 $1,700
East Houston, Houston, TX N/A N/A N/A $1,700
University Place, Houston, TX N/A $1,469 $1,975 $1,750
Northside - Northline, Houston, TX N/A $975 $1,445 $1,750
Spring Branch East, Houston, TX N/A $1,440 $1,825 $1,790
South Park, Houston, TX N/A N/A $1,400 $1,800
Central Southwest, Houston, TX $1,750 $1,343 $1,657 $1,801
OST - South Union, Houston, TX $1,925 $750 $1,200 $1,850
Northside Village, Houston, TX $950 $1,045 $1,575 $1,850
Greater Third Ward, Houston, TX N/A $1,000 $1,200 $1,850
Sunnyside, Houston, TX N/A N/A $1,258 $1,850
Midtown, Houston, TX $1,325 $1,603 $2,300 $1,935
Great Uptown, Houston, TX $1,725 $1,555 $2,000 $1,972
South Acres - Crestmont Park, Houston, TX N/A $1,288 $850 $2,000
Second Ward, Houston, TX $900 $1,100 $1,545 $2,088
Independence Heights, Houston, TX N/A $1,538 $1,900 $2,100
Spring Branch Central, Houston, TX N/A $1,100 $1,772 $2,100
Greater Heights, Houston, TX $1,156 $1,557 $2,300 $2,185
Greater Fifth Ward, Houston, TX $650 $899 $1,400 $2,250
Acres Home, Houston, TX $3,350 N/A $1,650 $2,285
Oak Forest - Garden Oaks, Houston, TX $3,750 $1,199 $1,840 $2,298
The Museum District, Houston, TX N/A $2,254 $2,670 $2,511
Washington Avenue - Memorial Park, Houston, TX N/A $1,595 $2,348 $2,850

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 $1,995. That's roughly around $1 per sqft. A total of 15 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 $2,700, Fulshear-Simonton, TX is the most expensive county by Downtown Houston, Houston, TX.

Typically, rent for studios in Downtown Houston, Houston, TX is 30.82% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Downtown Houston, Houston, TX is 44.81% more expensive than other counties nearby. Finally, rent for two bedrooms in Downtown Houston, Houston, TX is 45.03% 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 $900 $1,200 $1,475
Pasadena, TX $8,250 $850 $1,393 $1,695
Houston, TX $1,200 $1,280 $1,668 $1,899
Texas City-League City, TX $600 $1,100 $1,595 $1,995
Northeast Harris, TX $565 N/A $1,198 $1,998
Southeast Harris, TX N/A $1,100 $1,500 $2,000
Northwest Harris, TX $1,300 $999 $1,445 $2,100
Stafford-Missouri City, TX N/A $1,675 $1,600 $2,300
Alvin-Pearland, TX $2,000 $950 $1,465 $2,340
Sugar Land, TX $1,300 $1,423 $1,800 $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 $2,008. A total of 27 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 $1,133 per month. In comparison, the zipcode with the most expensive average rent of $2,881 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 $1,263 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,718 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 $1,475 $1,865 $2,685 $2,015
77004, Houston, TX $850 $1,800 $1,565 $2,296
77006, Houston, TX $1,100 $1,375 $1,845 $1,600
77007, Houston, TX $1,148 $1,581 $2,345 $2,800
77019, Houston, TX $995 $1,585 $2,546 $2,345
77098, Houston, TX $795 $1,230 $2,175 $1,450
77021, Houston, TX $1,925 $950 $1,273 $1,875
77008, Houston, TX $1,335 $1,228 $2,300 $2,881
77027, Houston, TX N/A $1,300 $1,900 $1,895
77054, Houston, TX N/A $1,260 $1,540 $1,450

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 $2,055. 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 $1,590 and an average price per square feet of $2.49. There are a total of 10 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 $1,880 and an average price per square feet of $2.38. There are a total of 65 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 $2,743 and an average price per square feet of $1.96. There are a total of 44 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 -0.15%, two bedroom rental prices have changed by -0.17%, and three bedroom rental prices have changed by -0.29% 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 $1,644/month. You can search for these reasonably priced rental listings on RentHop.
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