Average Rent in Greater Third Ward, Houston, TX

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Current Versus Historical Greater Third Ward, Houston, TX Rents

Greater Third Ward rentals average $700 for a studio rental to $2,150 for a 4-bedroom rental. The median price of all currently available listings is $1,600, or roughly $1 per square feet.
For the apartment units and housing in January 2025, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $374 (-34.84%) year-over-year from $1,074 to $700. 1-bedroom rentals prices have decreased by $314 (-23.94%) year-over-year from $1,311 to $997. 2-bedroom rentals prices have increased by $278 (30.20%) year-over-year from $922 to $1,200. 3-bedroom rentals prices have increased by $522 (25.19%) year-over-year from $2,071 to $2,593. 4-bedroom rentals prices have increased by $1,280 (147.13%) year-over-year from $870 to $2,150. 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 23.61% this month. 1-bedroom rents have gone down by 11.43% this month. 2-bedroom rents have gone up by 4.35% this month. 3-bedroom rents have gone down by 4.19% this month. 4-bedroom rents have gone up by 16.02% this month.
Beds
Price / Sqft
Jan 2025 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio N/A $700 $1,074 (-34.84%) $1,175 (-40.42%)
1 BR $1.52 $997 $1,311 (-23.94%) $1,022 (-2.41%)
2 BR $1.55 $1,200 $922 (30.20%) $1,167 (2.86%)
3 BR $1.45 $2,593 $2,071 (25.19%) $4,925 (-47.36%)
4+ BR $1.28 $2,150 $870 (147.13%) $1,713 (25.55%)

Historical Rents in Greater Third Ward, Houston, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Greater Third Ward

There are a total of 15 cities nearby Greater Third Ward. The average rent in Greater Third Ward is currently $1,965 per month. Our records show that Baytown, TX, with an average rent of $1,695, is the most affordable city nearby. In contrast, the most expensive city near Greater Third Ward, Houston, TX is Sienna Plantation, TX. Monthly rents here are on average $2,900 per month.

Let's compare Greater Third Ward, Houston, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 14.26% more affordable. Two bedrooms in Greater Third Ward, Houston, TX are about 19.23% more affordable. Finally, rent for three bedrooms are about 20.19% more expensive. Want more information? Check out the top 10 cities out of 15 total cities near Greater Third Ward, Houston, TX in the following chart.
City Studio 1 Bed 2 Bed All
Baytown, TX $823 $950 $1,250 $1,695
Pasadena, TX $1,150 $850 $1,375 $1,785
Houston, TX $1,090 $1,270 $1,670 $1,850
Spring, TX N/A $1,225 $1,288 $1,950
League City, TX N/A $1,305 $1,550 $2,150
Atascocita, TX N/A $1,283 $2,032 $2,250
Sugar Land, TX N/A $2,250 $1,800 $2,398
Missouri City, TX N/A N/A $1,899 $2,425
Pearland, TX N/A $813 $1,695 $2,495
Sienna Plantation, TX N/A N/A N/A $2,900

Top Neighborhoods Near Greater Third Ward

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

The average rent for these 30 neighborhoods in or near Greater Third Ward, Houston, TX is currently around $1,850 per month. A total of 11 neighborhoods have a lower average rent. Meaning, only nineteen neighborhoods have a higher average rent than $1,850. Interestingly, the neighborhoods' average rent is higher than Greater Third Ward's average rent, which is only $1,600. Out of all the neighborhoods in or near Greater Third Ward, Greater Inwood has the most affordable average rent at $1,010 per month. Whereas, at $2,850 average rent per month, Washington Avenue - Memorial Park is the most expensive neighborhood in or near Greater Third Ward. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
South Main, Houston, TX N/A $1,100 $1,250 $1,335
Greenway - Upper Kirby, Houston, TX N/A $1,250 $2,435 $1,479
Braeswood Place, Houston, TX $1,249 $1,421 $1,650 $1,480
Astrodome, Houston, TX N/A $1,280 $1,570 $1,494
Greater Eastwood, Houston, TX N/A $1,150 $1,613 $1,500
Sharpstown, Houston, TX N/A $999 $1,550 $1,588
Neartown - Montrose, Houston, TX $925 $1,299 $2,250 $1,600
Woodlake - Briar Meadow, Houston, TX $850 $1,045 $1,600 $1,650
University Place, Houston, TX N/A $1,435 $2,075 $1,650
East Houston, Houston, TX N/A N/A $1,200 $1,700
Spring Branch East, Houston, TX N/A $1,430 $1,860 $1,790
South Park, Houston, TX N/A N/A $1,475 $1,800
Central Southwest, Houston, TX $1,625 $1,484 $1,579 $1,800
Northside - Northline, Houston, TX N/A $925 $1,425 $1,825
MacGregor, Houston, TX N/A $1,564 $1,350 $1,850
OST - South Union, Houston, TX $1,925 $900 $1,345 $1,850
Sunnyside, Houston, TX N/A N/A $1,250 $1,875
Great Uptown, Houston, TX $1,725 $1,542 $2,000 $1,975
Northside Village, Houston, TX $1,000 $1,025 $1,600 $1,990
South Acres - Crestmont Park, Houston, TX N/A N/A $850 $2,000
Midtown, Houston, TX $1,250 $1,500 $2,195 $2,080
Downtown Houston, Houston, TX $1,475 $1,943 $2,400 $2,135
Second Ward, Houston, TX $900 $1,200 $1,975 $2,150
Acres Home, Houston, TX N/A N/A $1,575 $2,150
Greater Fifth Ward, Houston, TX $800 $920 $1,450 $2,180
Greater Heights, Houston, TX $1,337 $1,594 $2,223 $2,185
Independence Heights, Houston, TX N/A $1,499 $1,595 $2,350
Oak Forest - Garden Oaks, Houston, TX N/A $1,200 $1,888 $2,415
The Museum District, Houston, TX N/A $2,254 $2,690 $2,553
Washington Avenue - Memorial Park, Houston, TX N/A $1,595 $2,445 $2,850

Top Counties Near Greater Third Ward

There are a total of 47 counties located by Greater Third Ward, Houston, TX. Some of these counties include Baytown, TX, Pasadena, TX, and Houston, TX. The average rent for rentals in these counties is $1,950. That's roughly around $1 per sqft. A total of 3 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 Greater Third Ward, Houston, TX.

Typically, rent for studios in Greater Third Ward, Houston, TX is 27.86% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Greater Third Ward, Houston, TX is 20.06% more affordable than other counties nearby. Finally, rent for two bedrooms in Greater Third Ward, Houston, TX is 11.54% more affordable than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Baytown, TX $850 $950 $1,275 $1,600
Pasadena, TX $1,150 $850 $1,375 $1,700
Houston, TX $1,095 $1,283 $1,668 $1,900
Northeast Harris, TX $650 N/A $1,375 $1,950
Texas City-League City, TX $895 $1,225 $1,385 $1,950
Southeast Harris, TX N/A $1,200 $1,500 $2,000
Northwest Harris, TX $1,070 $1,049 $1,500 $2,100
Stafford-Missouri City, TX N/A $1,650 $1,755 $2,350
Sugar Land, TX N/A $1,500 $1,800 $2,400
Alvin-Pearland, TX $2,000 $950 $1,350 $2,400

Top Zipcodes Near Greater Third Ward

There are a total of 50 zipcodes in or near Greater Third Ward, Houston, TX. The average rent for all of these zipcodes is $2,037. A total of 8 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 77099, Houston, TX at $1,103 per month. In comparison, the zipcode with the most expensive average rent of $2,800 per month is 77007, Houston, TX.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Greater Third Ward, Houston, TX is $1,284 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,699 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Greater Third Ward, Houston, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
77004, Houston, TX $700 $1,850 $1,550 $2,146
77002, Houston, TX $1,400 $1,838 $2,210 $1,966
77021, Houston, TX $1,925 $950 $1,350 $1,850
77006, Houston, TX $1,037 $1,418 $2,248 $1,583
77019, Houston, TX N/A $1,523 $2,536 $2,325
77098, Houston, TX $890 $1,250 $2,500 $1,495
77007, Houston, TX $1,337 $1,592 $2,445 $2,800
77054, Houston, TX N/A $1,250 $1,545 $1,450
77027, Houston, TX N/A $1,262 $1,930 $1,900
77025, Houston, TX N/A $1,425 $1,490 $1,576

Frequently Asked Questions - Greater Third Ward Average Rents

What is the average rent price in Greater Third Ward, Houston, TX?
The average monthly rental price for Greater Third Ward, Houston, TX apartments for rent is approximately $1,600. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Greater Third Ward, 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 Greater Third Ward, Houston, TX.
How much is a studio apartment in Greater Third Ward, Houston, TX?
The average monthly rental price for studio apartments is $700 and an average price per square feet of $0. There are a total of 8 studio apartment listings currently available for rent in Greater Third Ward.
How much is a one bedroom apartment in Greater Third Ward, Houston, TX?
The average monthly rental price for one bedroom apartments is $1,000 and an average price per square feet of $1.52. There are a total of 14 one bedroom apartment listings currently available for rent in Greater Third Ward.
How much is a two bedroom apartment in Greater Third Ward, Houston, TX?
The average monthly rental price for two bedroom apartments is $1,300 and an average price per square feet of $1.55. There are a total of 33 two bedroom apartment listings currently available for rent in Greater Third Ward.
How have rent prices in Greater Third Ward, Houston, TX changed this year?
Rent prices for rentals in Greater Third Ward, Houston, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.35%, one bedroom rental prices have changed by -0.24%, two bedroom rental prices have changed by 0.30%, and three bedroom rental prices have changed by 0.25% year-over-year.
What is a reasonable rent price in Greater Third Ward, Houston, TX?
A reasonable rent price in Greater Third Ward, Houston, TX is around $1,280/month. You can search for these reasonably priced rental listings on RentHop.
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