Houston apartment rents rose, then cooled

Apartment rents spiked during 2020-2022, but they've been flattening since then. The following shows average rents, after landlord concessions, across all unit types and sizes in the Houston area.

Prices listed are snapshot of average rents in December each year from 2013-2023. The 2024 data is a snapshot of rent as of the end of August.
Chart: Ken Ellis/Staff Source: MRI Software Get the data