Average Rent in Memorial, Houston, TX

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Current Versus Historical Memorial, Houston, TX Rents

Memorial rentals average $1,709 for a 1-bedroom rental to $5,500 for a 4-bedroom rental. The median price of all currently available listings is $2,518, or roughly $2 per square feet.
For the apartment units and housing in December 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $242 (-14.19%) year-over-year from $1,703 to $1,461. 1-bedroom rentals prices have decreased by $338 (-18.88%) year-over-year from $1,790 to $1,452. 2-bedroom rentals prices have decreased by $339 (-14.05%) year-over-year from $2,414 to $2,075. 3-bedroom rentals prices have decreased by $51 (-1.88%) year-over-year from $2,701 to $2,650. 4-bedroom rentals prices have increased by $583 (12.99%) year-over-year from $4,492 to $5,075. 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 7.56% this month. 1-bedroom rents have gone down by 10.90% this month. 2-bedroom rents have gone down by 8.87% this month. 3-bedroom rents have gone up by 6.67% this month. 4-bedroom rents have gone down by 4.09% this month.
Beds
Price / Sqft
Dec 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $2.06 $1,452 $1,790 (-18.88%) $1,855 (-21.74%)
2 BR $1.72 $2,075 $2,414 (-14.05%) $2,492 (-16.72%)
3 BR $1.54 $2,650 $2,701 (-1.88%) $3,843 (-31.03%)
4+ BR $1.74 $5,075 $4,492 (12.99%) $4,167 (21.80%)

Historical Rents in Memorial, Houston, TX

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Memorial

There are a total of 14 cities nearby Memorial. The average rent in Memorial is currently $2,050 per month. A total of 12 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 Memorial, Houston, TX is Sienna Plantation, TX. Monthly rents here are on average $2,850 per month.

Let's compare Memorial, Houston, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 38.78% more expensive. Two bedrooms in Memorial, Houston, TX are about 23.33% more expensive. Finally, rent for three bedrooms are about 28.38% more expensive. Want more information? Check out the top 10 cities out of 14 total cities near Memorial, Houston, TX in the following chart.
City Studio 1 Bed 2 Bed All
Pasadena, TX $4,400 $850 $1,388 $1,700
Houston, TX $1,200 $1,295 $1,670 $1,819
Spring, TX N/A N/A $1,350 $1,950
Atascocita, TX N/A $1,584 $2,018 $2,150
League City, TX N/A $1,359 $1,800 $2,380
Sugar Land, TX N/A $2,250 $1,800 $2,395
Missouri City, TX N/A N/A $1,750 $2,425
Pearland, TX N/A $900 $1,550 $2,495
The Woodlands, TX $2,025 $1,400 $2,100 $2,695
Sienna Plantation, TX N/A N/A N/A $2,850

Top Neighborhoods Near Memorial

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

The average rent for these 30 neighborhoods in or near Memorial, Houston, TX is currently around $1,850 per month. A total of 46 neighborhoods have a lower average rent. Out of all the neighborhoods in or near Memorial, Greater Inwood has the most affordable average rent at $1,050 per month. Whereas, at $2,900 average rent per month, Washington Avenue - Memorial Park is the most expensive neighborhood in or near Memorial. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Greater Inwood, Houston, TX N/A $935 $1,160 $1,050
South Main, Houston, TX N/A $955 $1,250 $1,250
Westchase, Houston, TX $800 $1,138 $1,350 $1,300
Sharpstown, Houston, TX N/A $1,009 $1,400 $1,425
Braeswood Place, Houston, TX $1,293 $1,417 $1,540 $1,480
Greenway - Upper Kirby, Houston, TX N/A $1,274 $2,136 $1,495
Astrodome, Houston, TX N/A $1,295 $1,570 $1,500
Greater Fondren Southwest, Houston, TX N/A $820 $1,350 $1,500
Woodlake - Briar Meadow, Houston, TX $850 $1,045 $1,517 $1,550
Neartown - Montrose, Houston, TX $1,023 $1,250 $2,100 $1,598
Alief, Houston, TX N/A $966 $1,250 $1,600
Spring Shadows, Houston, TX N/A $959 $1,349 $1,749
University Place, Houston, TX N/A $1,463 $1,950 $1,750
Midtown, Houston, TX $1,325 $1,513 $2,195 $1,765
Central Southwest, Houston, TX $1,625 $1,343 $1,579 $1,788
Spring Branch East, Houston, TX N/A $1,430 $1,830 $1,790
Eldridge - West Oaks, Houston, TX N/A $1,015 $1,744 $1,875
Great Uptown, Houston, TX $1,725 $1,559 $1,969 $1,900
Northside Village, Houston, TX $950 $1,025 $1,600 $1,950
Spring Branch Central, Houston, TX N/A $1,099 $1,949 $1,950
Briarforest, Houston, TX N/A $1,100 $1,600 $1,965
Northside - Northline, Houston, TX N/A $950 $1,435 $1,999
Spring Branch West, Houston, TX N/A $1,164 $1,494 $2,075
Independence Heights, Houston, TX N/A $1,520 $1,500 $2,100
Downtown Houston, Houston, TX $1,600 $1,890 $2,585 $2,173
Acres Home, Houston, TX $3,350 N/A $1,600 $2,250
Greater Heights, Houston, TX $1,569 $1,600 $2,300 $2,283
Oak Forest - Garden Oaks, Houston, TX $3,750 $1,199 $1,790 $2,300
The Museum District, Houston, TX N/A $2,160 $2,690 $2,501
Washington Avenue - Memorial Park, Houston, TX N/A $1,663 $2,450 $2,900

Top Counties Near Memorial

There are a total of 47 counties located by Memorial, Houston, TX. Some of these counties include Pasadena, TX, Houston, TX, and Southeast Harris, TX. The average rent for rentals in these counties is $2,000. That's roughly around $1 per sqft. A total of 21 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 $2,710, Brookshire, TX is the most expensive county by Memorial, Houston, TX.

Typically, rent for studios in Memorial, Houston, TX is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Memorial, Houston, TX is 30.70% more expensive than other counties nearby. Finally, rent for two bedrooms in Memorial, Houston, TX is 28.57% more expensive than other counties nearby. We've listed the top 10 counties in the chart below.
County Studio 1 Bed 2 Bed All
Pasadena, TX $4,400 $850 $1,388 $1,700
Houston, TX $1,250 $1,299 $1,673 $1,900
Southeast Harris, TX N/A $1,125 $1,500 $2,000
Northwest Harris, TX $1,050 $999 $1,463 $2,100
Rosenberg-Richmond, TX $5,000 $1,360 $2,105 $2,115
Magnolia, TX N/A $933 $1,840 $2,150
Stafford-Missouri City, TX N/A $1,675 $1,750 $2,350
Sugar Land, TX N/A $1,420 $1,800 $2,400
Fulshear-Simonton, TX N/A $1,275 $1,702 $2,700
Brookshire, TX $1,475 N/A N/A $2,710

Top Zipcodes Near Memorial

There are a total of 50 zipcodes in or near Memorial, Houston, TX. The average rent for all of these zipcodes is $2,025. A total of 44 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 $1,170 per month. In comparison, the zipcode with the most expensive average rent of $2,886 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 Memorial, Houston, TX is $1,258 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,738 per month. Which comes out to $2 per sqft. The following chart includes the top 10 zipcodes in Memorial, Houston, TX. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
77042, Houston, TX $800 $1,100 $1,399 $1,399
77063, Piney Point Village, TX $850 $1,050 $1,600 $1,500
77024, Hunters Creek Village, TX N/A $1,750 $2,000 $2,210
77077, Houston, TX N/A $1,150 $1,836 $2,200
77080, Houston, TX N/A $1,149 $1,494 $1,700
77057, Houston, TX $1,725 $1,200 $1,800 $1,850
77055, Houston, TX N/A $1,430 $1,795 $1,860
77082, Houston, TX N/A $955 $1,441 $1,800
77056, Houston, TX N/A $1,650 $2,325 $1,947
77036, Houston, TX N/A $1,004 $1,350 $1,235

Frequently Asked Questions - Memorial Average Rents

What is the average rent price in Memorial, Houston, TX?
The average monthly rental price for Memorial, Houston, TX apartments for rent is approximately $2,518. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Memorial, 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 Memorial, Houston, TX.
How much is a studio apartment in Memorial, Houston, TX?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Memorial.
How much is a one bedroom apartment in Memorial, Houston, TX?
The average monthly rental price for one bedroom apartments is $1,709 and an average price per square feet of $2.06. There are a total of 18 one bedroom apartment listings currently available for rent in Memorial.
How much is a two bedroom apartment in Memorial, Houston, TX?
The average monthly rental price for two bedroom apartments is $2,100 and an average price per square feet of $1.72. There are a total of 25 two bedroom apartment listings currently available for rent in Memorial.
How have rent prices in Memorial, Houston, TX changed this year?
Rent prices for rentals in Memorial, Houston, TX can fluctuate yearly. Specifically, studio rental prices have changed by -0.14%, one bedroom rental prices have changed by -0.19%, two bedroom rental prices have changed by -0.14%, and three bedroom rental prices have changed by -0.02% year-over-year.
What is a reasonable rent price in Memorial, Houston, TX?
A reasonable rent price in Memorial, Houston, TX is around $2,014/month. You can search for these reasonably priced rental listings on RentHop.
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