Downtown Houston renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
Luxury
High-end
Mid-tier
Most affordable
On average, the cost of rent in Downtown Houston is about $1,728 per month. This puts it in the 88th percentile compared to the city average cost of rent, which is $1,523. Households in Downtown Houston have a median income of $6,944 per month so the average renter in Downtown Houston is spending roughly 25% of their earnings on housing.
Nationally, and in Downtown Houston, home values are the data point most closely correlated with the cost of rent. The median price of a home in Downtown Houston is $422,454 right now, which is lower than neighborhoods nearby, meaning that rents in Downtown Houston also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the central parts of Downtown Houston while lower rent rates are often available in northeastern areas.
Nearby Neighborhoods
- Midtown, Houston, TX: less expensive rent prices
- Montrose, Houston, TX: less expensive rent prices
- Rice Military, Houston, TX: more expensive rent prices
- Greater Fifth Ward, Houston, TX: less expensive rent prices
- East End, Houston, TX: less expensive rent prices
- Greater Heights, Houston, TX: less expensive rent prices
- Rice, Houston, TX: more expensive rent prices
- Kashmere Gardens, Houston, TX: less expensive rent prices
- River Oaks, Houston, TX: more expensive rent prices
- Denver Harbor-Port Houston, Houston, TX: less expensive rent prices
Neighborhoods with Similar Populations
- Downtown Cleveland, Cleveland, OH: less expensive rent prices
- West 7th, St. Paul, MN: less expensive rent prices
- Central Napa, Napa, CA: more expensive rent prices
- Coulwood West, Charlotte, NC: less expensive rent prices
- Sulphur Springs, Tampa, FL: less expensive rent prices
- Estlake Greens, Chula Vista, CA: more expensive rent prices
- East Akron, Akron, OH: less expensive rent prices
- Southern Highlands, Enterprise, NV: more expensive rent prices
- Martha Lake, Lynnwood, WA: more expensive rent prices
- Welleby, Sunrise, FL: more expensive rent prices
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