Apartments in Museum District Houston

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Museum District

A Houston Neighborhood

Summary

As much as you might want to live your own version of Night at the Museum, none of the 19 museums, galleries, and cultural centers of Houston’s Museum District lease space to renters. Luckily, there are options nearby. So whether you love the Impressionists at The Houston Museum of Fine Arts or just love gazing at the complete T. rex on display at The Houston Museum of Natural Sciences, you’re sure to find an apartment that fits your lifestyle and budget. Apartments in this area are within walking distance of The Houston Zoo and Rice University and are conveniently located on the METRORail line with easy access to downtown.

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Budget

If you're not sure how much an apartment will cost, the table below shows the average price by size.

$1,330
Studio
$1,431
1 Bedroom
$2,103
2 Bedrooms
$2,386
3 Bedrooms
$3,122
4 Bedrooms
$4,538
5+ Bedrooms
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Houston:
October Rent Report

Welcome to the October 2020 Houston Apartment Report. In this assessment of the local rental market, ABODO data scientists and rental experts break down the October 2020 key findings and figures for the Houston rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Houston and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Houston rent prices in the chart below.

Monthly Rent Report

Houston Rent Prices Decrease From September to October

Houston rent prices decreased over the last month. From September to October, the city experienced a -0.25% decrease for the price of a one-bedroom apartment. The rent price for a Houston one-bedroom apartments currently stands at $1,191.0.

When we take a look at the two-bedroom comparison from September to October, Houston experienced a -0.77% decrease for the price of a two-bedroom apartment. The rent price for a Houston two-bedroom apartments currently stands at $1,419.0.

October Prices: Houston vs. Surrounding Areas

Rent Prices in Houston and Surrounding Areas

Rent prices have decreased in Houston over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the Houston suburbs increased last month. On the other hand, 4 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Katy, TX, Humble, TX, Spring, TX .

  • Rent decreased in Pasadena, TX, Webster, TX, Tomball, TX, Baytown, TX.

  • 7 suburbs are currently priced lower than the city of Houston.

October 2020 Pricing Trends: Houston vs. National Comparisons

Houston Rent Prices More Affordable Than Major Cities

Rent growth in Houston over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Houston rent prices appear to be relatively affordable for local residents.

The price for a Houston one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

You can view the full rundown of ABODO's October 2020 National Apartment Report and data set here.

For more information about Houston and surrounding area rent prices, take a look at the complete data set below.

Data set for Houston and suburbs

1 BR October 1 BR M/M % Change 2 BR October 2 BR M/M % Change
Houston, TX $1,194.0 -0.17% $1,430.0 -1.79%
Katy, TX $1,125.0 2.65% $1,400.0 -1.06%
Humble, TX $999.0 0.30% $1,235.0 0.00%
Spring, TX $1,125.0 2.93% $1,436.0 5.59%
Pasadena, TX $847.0 -0.47% $1,139.0 -0.09%
Webster, TX $931.0 -10.91% $1,643.0 2.56%
Tomball, TX $1,068.0 -0.09% $1,404.0 1.37%
Baytown, TX $981.0 -2.97% $1,093.0 0.09%

Methodology

Each month, using over 1 million ABODO listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.