Rental market snapshot for Meyerland Area, Houston
Meyerland Area rental market summary
The rental market in Meyerland Area, Texas is showing signs of growth. In July 2023, there were 261 new listings, a significant increase from the previous month. The median rent also increased from $1,560 in June 2023 to $1,745 in July 2023, representing an 11.9% increase. This is a positive sign for the rental market in Meyerland Area, as it indicates that demand for rental properties is increasing.
The median rent in July 2023 was also 1.2% higher than the median rent in July 2022, indicating that the rental market in Meyerland Area is continuing to grow. This is a positive sign for landlords and tenants alike, as it suggests that rental prices are increasing at a steady rate. With the increasing demand for rental properties, it is likely that rental prices will continue to rise in the near future.
Median rent for all residential properties in Meyerland Area
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The most expensive listings and top trending buildings in Meyerland Area
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
4910 Imogene St | $3,600 | 4 / 4.0 |
5650 Ludington Dr | $3,550 | 4 / 2.0 |
11001 Fondren Rd | $3,500 | 3 / 1.5 |
5939 W Bellfort Ave | $3,350 | 3 / 2.0 |
9710 Oasis Dr | $3,300 | 4 / 3.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
Zillow Rental Network | $1,243 |
The Life Properties | $1,124 |
TOP CHOICE PROPERTIES LLC DBA ALLIED PROPERTY MAN | $1,044 |
Better World Properties LLC | $875 |
Allied Orion Group | $871 |
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Bedroom Breakdown in Meyerland Area
Meyerland Area neighborhood apartments rents
The rental market for studios in Meyerland Area, Texas appears to be stable, with only two new listings in December 2022. The median rent for studios in December 2022 is $800, though the median rent for November 2022 is not available. Therefore, it is not possible to determine the percent change in rent from November 2022 to December 2022. Overall, the rental market for studios in Meyerland Area appears to be relatively stable.
The rental market for 1-bedroom apartments in Meyerland Area, Texas is showing signs of stability. In July 2023, there were 16 new 1-bedroom listings, and the median rent for 1-bedroom apartments decreased by 4.7% from June 2023 to July 2023, settling at $1,006. This suggests that the rental market is not experiencing any drastic changes, and that the prices are staying relatively consistent.
The rental market for 2-bedroom apartments in Meyerland Area, Texas is showing signs of growth. In July 2023, there were 19 new 2-bedroom listings, a 4.7% increase in median rent from June 2023 to July 2023, and a median rent of $1,225. This indicates that the rental market is becoming more competitive and that demand for 2-bedroom apartments is increasing.