Rental market snapshot for Downtown, Houston
Downtown rental market summary
The rental market in Downtown, Texas is showing signs of growth. In July 2023, there were 384 new listings, a 14.6% increase from the same time last year. This indicates that the demand for rental properties in Downtown, Texas is increasing. The median rent for July 2023 was $2,367, a 4.9% increase from the previous month and a 14.6% increase from the same time last year. This suggests that rental prices are on the rise, likely due to the increased demand for rental properties in the area.
Overall, the rental market in Downtown, Texas appears to be healthy and growing. The number of new listings and the median rent have both increased significantly over the past year, indicating that the demand for rental properties in the area is strong. As the demand for rental properties continues to increase, it is likely that rental prices will continue to rise as well.
Median rent for all residential properties in Downtown
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The most expensive listings and top trending buildings in Downtown
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
808 Crawford St | $13,508 | 3 / 3.5 |
808 Crawford St | $12,099 | 3 / 3.0 |
808 Crawford St | $11,690 | 3 / 3.0 |
808 Crawford St | $9,680 | 3 / 2.5 |
414 Milam St | $9,179 | 3 / 3.5 |
Top Trending Buildings
building name | avg rent price |
---|---|
Carlyle Management Inc | $2,945 |
Cushman & Wakefield | $2,855 |
Finger Companies | $2,525 |
Camden | $2,358 |
Allied Orion Group | $2,040 |
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Bedroom Breakdown in Downtown
Downtown neighborhood apartments rents
The rental market for studios in Downtown, Texas is showing signs of growth. In July 2023, there were 17 new studio listings, representing a 2.4% increase in median rent from June 2023. The median rent for studios in July 2023 was $1,510, which is higher than the median rent of $1,474 in June 2023. This indicates that the rental market for studios in Downtown, Texas is on the rise and is likely to continue to increase in the coming months.
The rental market for 1-bedroom apartments in Downtown, Texas is showing signs of growth. In July 2023, there were 96 new 1-bedroom listings, a 7.6% increase from the median rent in June 2023. The median rent for 1-bedroom apartments in July 2023 was $2,153, a significant increase from the median rent in June 2023 of $2,001. This indicates that the rental market for 1-bedroom apartments in Downtown, Texas is on the rise and is likely to continue to increase in the coming months.
The rental market for 2-bedroom apartments in Downtown, Texas is showing signs of growth. In July 2023, there were 66 new 2-bedroom listings, a 12.1% increase from the median rent in June 2023. The median rent for 2-bedroom apartments in July 2023 was $3,346, a significant increase from the median rent in June 2023 of $2,985. This indicates that the rental market for 2-bedroom apartments in Downtown, Texas is on the rise and is likely to continue to increase in the coming months.