MarketsHouston
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Houston skyline

Houston TX

Covers Houston, Pasadena and The Woodlands.
Current market read
Balanced market
ConditionBalanced
RentersLandlords
Balanced on the yearly data, with the recent monthly signals easing.
From public data. The situation now, not a forecast.
Renter Google searchabout 9,900 searches in July 2026 · Luxury apartmentsSee read →
Renter Google Search InterestGoogle · monthly

About 9,900 searches in July 2026, for Houston on its own

What renters Google mostLuxury apartmentsSee all →

Attention, not a verdict. Google searches for apartments to rent.

Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Cooling
Easing lately, asking rents are slipping, as of Aug 2026.
Job growthBLS · MONTHLY
+1.3%
Hiring, past 12 months
VacancyCENSUS · 2024
10.5%2024 COUNT
Share of rentals sitting empty. Yearly Census backdrop, not what sets the condition.
Asking rentZILLOW · MONTHLY
-0.7%
Year over year
Census 2024: +2.5% · US avg +5.2%
Median rentCENSUS · 2024
$1,469/mo
Typical rent, 2024 yearly count
Demand vs supplyCENSUS + BLS
Strong demand
DEMAND
SUPPLY
DEMAND
Jobs+1.3%
Migration 2025+0.92/1k
SUPPLY
Permits 2025+42.4%
Vacancy 202410.5%
Rent vs buyFREDDIE MAC · WEEKLY
+$942/mo
Cheaper to rent than buying
rent $1,469 · own $2,411
$1,469
RENT
$2,411
OWN
Net migrationCENSUS · 2025
+0.92/1k
Net inflow of residents
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.