Welcome to Apartment List’s February 2016 Houston Rent Report.
With rents rising all across the nation, we took a look at Texas cities to see how they fared, and Houston is one of the most expensive cities in the state.
Houston rent is just cheaper than Dallas
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This puts Houston rents narrowly behind Dallas rents (two-bedrooms averaging $1,560 and one-bedrooms at $1,220) for very small price differences of $40 and $30, respectively.
Houston rent growing slower than the nation
Houston experienced the sixth fastest rent growth over the past year, at a 2.4 percent increase. Houston fared quite well in terms of year-over-year rent growth, relative to cities such as Austin and Dallas, who experienced 7.8 percent and 4.8 percent rent growth respectively.
Yuki Graviet Knapp is a Content Marketing Associate with the Growth Team at Apartment List and is a resident of the Bay Area.