Houston market rental trends report

Over the past 3–6 months, Houston’s rental market has experienced mild moderation in upward movement, with some submarkets showing flat or slightly declining rent levels. This softer trajectory is largely attributable to an influx of new inventory entering the market, rising vacancy pressures in select areas, and cautious lease adjustments by landlords seeking to maintain occupancy. As of now, the median rent across Houston stands at approximately $1,444/month.

Katy, TX

Over the past 3–6 months, rent levels in Katy have largely stabilized with only modest fluctuations—after a period of earlier upward pressure, many property types now show mild downward or flat trends. The moderation is largely driven by an increase in new supply, including new apartment and build-to-rent developments, which have tempered demand pressure and given renters more choices. Currently, the median rent across the Katy region is about $1,800/month.

The Woodlands, TX

Over the past 3–6 months in The Woodlands, rents have held relatively stable with only mild fluctuations—some segments have seen slight softness, while others (especially premium units) remain firm. This muted movement is due to a modest rise in available inventory combined with cautious tenant demand as economic and financing uncertainties weigh on renter confidence. At present, the median rent across all unit types in The Woodlands is about $1,810/month

Apartment listings

Below are some recent listing examples.

SoDo on Main

• Studio/1 Bath
• 616 sq. ft. 
• Rent: $1,141

Camden Holly Springs 

• 1 Bed/1 Bath
• 660 sq. ft.
• Rent: $1,199

3800 Main

• 2 Beds/2 Baths
• 1,069 sq. ft. 
• Rent: $1,612

Elle at the Medical Center

• 3 Beds/2 Baths
• 1,467 sq. ft.
• Rent: $1,973

(Data sourced from Apartments.com)