Rental market snapshot for Midtown, Houston
Midtown rental market summary
The rental market in Midtown, Texas is showing signs of growth. In July of 2023, there were 347 new listings, a sign that the rental market is expanding. The median rent for the month of July 2023 was $1,895, a slight increase of .3% from the previous month. However, when compared to the same month in 2022, the median rent has increased by 4.5%. This indicates that the rental market in Midtown is becoming more competitive, with more people looking to rent in the area.
Overall, the rental market in Midtown, Texas is showing signs of growth. With more listings and a steady increase in median rent, it is clear that the rental market is becoming more competitive. As the demand for rental properties in Midtown continues to grow, it is likely that the median rent will continue to increase in the coming months.
Median rent for all residential properties in Midtown
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The most expensive listings and top trending buildings in Midtown
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 3300 Main St | $8,013 | 3 / 3.5 |
| 3300 Main St | $4,568 | 2 / 2.5 |
| 1503 Elgin St | $3,300 | 3 / 3.5 |
| 1518 Rosalie St | $3,300 | 3 / 3.5 |
| 2314 Austin St | $3,300 | 3 / 3.5 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| Zillow Rental Network | $2,797 |
| Greystar* | $2,146 |
| Winther Investment Inc. | $1,841 |
| Camden | $1,764 |
| The Morgan Group Inc. | $1,748 |
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Bedroom Breakdown in Midtown
Midtown neighborhood apartments rents
The rental market for studios in Midtown, Texas is showing signs of improvement in July 2023. There are 18 new studio listings, and the median rent has decreased by 10.2% from June 2023 to July 2023, from $1,611 to $1,447. This indicates that the rental market is becoming more affordable for potential tenants, and that there is an increase in the availability of studio apartments.
The rental market for 1-bedroom apartments in Midtown, Texas is showing signs of growth. In July 2023, there were 66 new 1-bedroom listings, a 2.0% decrease in median rent from June 2023 to July 2023, and a median rent of $1,842. This indicates that the rental market is becoming more competitive, with more options available for renters. This could be a great opportunity for those looking for a 1-bedroom apartment in Midtown, Texas.
The rental market for 2-bedroom apartments in Midtown, Texas is showing signs of stability. In July 2023, there were 33 new 2-bedroom listings, and the median rent for 2-bedroom apartments increased by 1.0% from June 2023 to July 2023, from $2,626 to $2,652. This suggests that the rental market is not experiencing any drastic changes, and that the demand for 2-bedroom apartments is steady.