Rental Market Reports > Single-Family Home Reports > Texas

This rental market report examines the average rent in Texas for five of the most analyzed cities on Rentometer in Q2 2023.

Summary - Year-Over-Year Rent Change

This rental market report highlights the Q2 2023 average rent prices for three-bedroom (3-BR) single-family rentals (SFRs) in these five Texas cities: Dallas, Houston, Arlington, San Antonio, and Austin.

According to our data, Dallas had the largest year-over-year rent price increase of 34%, while Austin had the smallest increase of 4%. 

Methodology

• Geography: This report considers rent changes in Rentometer’s five most analyzed SFR markets in Texas during Q2 2023.

• Property Type: 3-BR SFRs with all bathroom counts.

• Analysis: Rent data was analyzed year-over-year for each city.

• Data: New rents collected at the beginning and end of each quarter are reported, excluding outliers below $500 and above $10,000.

Year-Over-Year Change in Average Rent: 3-BR SFRs

Rent prices in these five Texas cities experienced the following year-over-year rent increases in Q2 2023:

• The average Dallas rent price is $2,991 with a year-over-year rent price increase of 34%
• The average Houston rent price is $2,241 with a year-over-year rent price increase of 15%
• The average Arlington rent price is $2,201 with a year-over-year rent price increase of 8%
• The average San Antonio rent price is $1,903 with a year-over-year rent price increase of 6%
• The average Austin rent price is $3,050 with a year-over-year rent price increase of 4%

 

City/State	Q2 2022 Average Rent	Q2 2023 Average Rent	YoY % Change
Dallas, TX	$2,224	$2,991	34%
Houston, TX	$1,945	$2,241	15%
Arlington, TX	$2,045	$2,201	8%
San Antonio, TX	$1,789	$1,903	6%
Austin, TX	$2,941	$3,050	4%

 

 

 

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