Rice 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 Rice is about $1,957 per month. This puts it in the 93rd percentile compared to the city average cost of rent, which is $1,523. Households in Rice have a median income of $12,717 per month so the average renter in Rice is spending roughly 15% of their earnings on housing.
Nationally, and in Rice, home values are the data point most closely correlated with the cost of rent. The median price of a home in Rice is $1,120,935 right now, which is higher than neighborhoods nearby, meaning that rents in Rice also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the western parts of Rice while lower rent rates are often available in eastern areas.
Nearby Neighborhoods
- Medical, Houston, TX: less expensive rent prices
- West University, Houston, TX: more expensive rent prices
- Montrose, Houston, TX: less expensive rent prices
- River Oaks, Houston, TX: less expensive rent prices
- Midtown, Houston, TX: less expensive rent prices
- South Main, Houston, TX: less expensive rent prices
- Rice Military, Houston, TX: more expensive rent prices
- Downtown Houston, Houston, TX: less expensive rent prices
- Willow Meadows-Willowbend Area, Houston, TX: less expensive rent prices
- Galleria-Uptown, Houston, TX: less expensive rent prices
Neighborhoods with Similar Populations
- North Valley San Diego, Oceanside, CA: more expensive rent prices
- Kenwood, Chicago, IL: less expensive rent prices
- South Boulder, Boulder, CO: more expensive rent prices
- UC Irvine, Irvine, CA: more expensive rent prices
- Sunnyside, Tucson, AZ: less expensive rent prices
- Sandtown-Southeastern Atlanta, Atlanta, GA: less expensive rent prices
- Hermosa Beach, Los Angeles, CA: more expensive rent prices
- Glen Avon, Riverside, CA: less expensive rent prices
- Nestor, San Diego, CA: less expensive rent prices
- Tampa Palms, Tampa, FL: less expensive rent prices
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