Rental market snapshot for Westchase, Houston
Westchase rental market summary
The rental market in Westchase, Texas is showing signs of growth. In July 2023, there were 416 new listings, a 9.2% increase from the previous month. This indicates that the rental market is becoming more active and that more people are looking for rental properties in the area. The median rent in July 2023 was $1,276, a 1.8% increase from the same period in 2022. This suggests that rental prices are slowly increasing, likely due to the increased demand for rental properties in the area.
Overall, the rental market in Westchase, Texas appears to be on the rise. With more new listings and a slight increase in median rent prices, it is likely that the rental market in the area will continue to grow in the coming months. This could be a great opportunity for those looking to invest in rental properties in the area, as the demand for rental properties is likely to remain strong.
Median rent for all residential properties in Westchase
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The most expensive listings and top trending buildings in Westchase
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 3123 Yukon Trace Dr | $3,200 | 4 / 3.5 |
| 3415 Freshmeadows Dr | $3,200 | 3 / 2.0 |
| 8006 Richmond Ave | $3,200 | 3 / 2.0 |
| 9788 Clarewood Dr | $2,900 | 2 / 1.5 |
| 3116 Yukon Trace Dr | $2,600 | 3 / 2.5 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| The Morgan Group Inc. | $1,545 |
| Francis Property Management Inc. | $1,345 |
| Greystar Real Estate Partners LLC | $1,312 |
| Camden | $1,209 |
| Portico Property Management* | $1,187 |
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Bedroom Breakdown in Westchase
Westchase neighborhood apartments rents
The rental market for studios in Westchase, Texas appears to be relatively stable, with only one new studio listing in July 2023. The median rent for studios in July 2023 was $1,200, though no data was available for June 2023, so it is not possible to determine the percent change in rent from June to July. Overall, it appears that the rental market for studios in Westchase is relatively stable and consistent.
The rental market for 1-bedroom apartments in Westchase, Texas is showing signs of growth. In July 2023, there were 75 new 1-bedroom listings, a 2.7% increase in median rent from June 2023 to July 2023, and a median rent of $955. This indicates that the rental market is becoming more competitive and that demand for 1-bedroom apartments is increasing.
The rental market for 2-bedroom apartments in Westchase, Texas is showing signs of growth. In July 2023, there were 43 new 2-bedroom listings, a significant increase from the previous month. The median rent for 2-bedroom apartments in July 2023 was $1,210, a 1.3% increase from the median rent in June 2023. This suggests that the rental market for 2-bedroom apartments in Westchase is becoming more competitive, with more people looking to rent and landlords increasing their prices.