Average Rent in Memorial, Houston, TX

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Current Versus Historical Memorial, Houston, TX Rents

Memorial rentals average $1,568 for a 1-bedroom rental to $4,625 for a 4-bedroom rental. The median price of all currently available listings is $2,410, or roughly $2 per square feet.

For the apartment units and housing in November 2024, median rents have risen substantially over the last year. Studio rentals prices have increased by $234 (14.73%) year-over-year from $1,586 to $1,820. 1-bedroom rentals prices have increased by $300 (18.04%) year-over-year from $1,660 to $1,960. 2-bedroom rentals prices have increased by $321 (14.73%) year-over-year from $2,179 to $2,500. 3-bedroom rentals prices have increased by $154 (6.28%) year-over-year from $2,446 to $2,600. 4-bedroom rentals prices have increased by $1,275 (39.53%) year-over-year from $3,225 to $4,500. 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 up by 7.03% this month. 1-bedroom rents have gone up by 8.93% this month. 2-bedroom rents have gone up by 3.36% this month. 3-bedroom rents have gone down by 0.04% this month. 4-bedroom rents have gone up by 8.43% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$1.95	$1,960	$1,660 (18.04%)	$1,706 (14.88%)
2 BR	$1.53	$2,500	$2,179 (14.73%)	$2,387 (4.75%)
3 BR	$1.41	$2,600	$2,446 (6.28%)	$3,764 (-30.93%)
4+ BR	$1.65	$4,500	$3,225 (39.53%)	$4,533 (-0.74%)

Historical Rents in Memorial, Houston, TX

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Memorial

There are a total of 13 cities nearby Memorial. The average rent in Memorial is currently $1,955 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 $1,545, is the most affordable city nearby. In contrast, the most expensive city near Memorial, Houston, TX is The Woodlands, TX. Monthly rents here are on average $2,715 per month.

Let's compare Memorial, Houston, TX's rent against other top cities nearby by bedroom size. One bedrooms are about 27.14% more expensive. Two bedrooms in Memorial, Houston, TX are about 15.79% more expensive. Finally, rent for three bedrooms are about 23.08% more expensive. Want more information? Check out the top 10 cities out of 13 total cities near Memorial, 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 Memorial

There are a total of 47 neighborhoods in or near Memorial. Some of these neighborhoods include Greater Inwood, Greater Fondren Southwest, 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 44 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 $2,800 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
Greater Fondren Southwest, Houston, TX	N/A	$788	$1,200	$1,200
Westchase, Houston, TX	$800	$1,075	$1,300	$1,300
South Main, Houston, TX	N/A	$1,200	$1,250	$1,327
Sharpstown, Houston, TX	N/A	$1,016	$1,358	$1,354
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
Alief, Houston, TX	N/A	$1,000	$1,273	$1,600
Neartown - Montrose, Houston, TX	$1,100	$1,300	$1,898	$1,641
Spring Shadows, Houston, TX	N/A	$959	$1,349	$1,749
Spring Branch East, Houston, TX	N/A	$1,465	$1,800	$1,790
Central Southwest, Houston, TX	$1,750	$1,343	$1,579	$1,806
Northside - Northline, Houston, TX	N/A	$950	$1,425	$1,825
Eldridge - West Oaks, Houston, TX	N/A	$998	$1,744	$1,832
Northside Village, Houston, TX	$900	$995	$1,750	$1,850
University Place, Houston, TX	N/A	$1,494	$2,000	$1,950
Great Uptown, Houston, TX	$1,725	$1,508	$2,000	$1,988
Downtown Houston, Houston, TX	$1,600	$1,857	$2,685	$2,025
Midtown, Houston, TX	$1,150	$1,634	$2,293	$2,027
Spring Branch West, Houston, TX	N/A	$1,164	$1,525	$2,063
Spring Branch Central, Houston, TX	N/A	$1,100	$1,700	$2,100
Independence Heights, Houston, TX	N/A	$1,538	$1,930	$2,173
Briarforest, Houston, TX	N/A	$1,275	$2,245	$2,210
Greater Heights, Houston, TX	$1,200	$1,610	$2,350	$2,300
Acres Home, Houston, TX	$3,350	N/A	$1,750	$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 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 $1,998. 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 $2,650, Fulshear-Simonton, 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 36.29% more expensive than other counties nearby. Finally, rent for two bedrooms in Memorial, Houston, TX is 23.68% 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	$8,250	$815	$1,375	$1,700
Houston, TX	$1,243	$1,300	$1,676	$1,900
Southeast Harris, TX	N/A	$1,125	$1,500	$2,000
Magnolia, TX	$2,450	$933	$1,840	$2,090
Northwest Harris, TX	$1,900	$999	$1,434	$2,150
Rosenberg-Richmond, TX	$4,750	$1,360	$2,105	$2,150
Stafford-Missouri City, TX	N/A	$1,675	$1,600	$2,250
Sugar Land, TX	$1,300	$1,370	$1,829	$2,400
Brookshire, TX	$1,225	N/A	N/A	$2,625
Fulshear-Simonton, TX	N/A	$1,275	$1,702	$2,650

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 $2,006. 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 $1,161 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 Memorial, 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 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	$1,150	$1,675	$1,525
77063, Piney Point Village, TX	$850	$1,048	$1,716	$1,500
77024, Hunters Creek Village, TX	N/A	$1,541	$1,917	$2,038
77077, Houston, TX	N/A	$1,300	$1,807	$2,200
77080, Houston, TX	N/A	$1,149	$1,445	$1,749
77057, Houston, TX	$1,725	$1,310	$1,887	$1,952
77055, Houston, TX	N/A	$1,440	$1,790	$1,800
77082, Houston, TX	N/A	$945	$1,336	$1,533
77056, Houston, TX	N/A	$1,599	$2,238	$1,985
77036, Houston, TX	N/A	$1,007	$1,350	$1,200

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 $2,410. 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 $1,568 and an average price per square feet of $1.95. 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 $1,900 and an average price per square feet of $1.53. 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 0.15%, one bedroom rental prices have changed by 0.18%, two bedroom rental prices have changed by 0.15%, and three bedroom rental prices have changed by 0.06% year-over-year.

What is a reasonable rent price in Memorial, Houston, TX?

A reasonable rent price in Memorial, Houston, TX is around $1,928/month. You can search for these reasonably priced rental listings on RentHop.