Which Texas cities have the lowest rent in the state?
Several factors determine the affordability of a city - and one of the biggest is the cost of housing. We take a look at the rent ranking in the state of Texas.
Although Texas isn’t the cheapest state in the US, its major cities do not feature among the most expensive in the country. One of several factors that determine the affordability of a city is housing costs.
They are also one of the biggest expenses, as they can make up over thirty percent of a household’s financial outlay when analyzing the cost of living in any given area. Fortunately, in Texas, for those that rent their dwelling, several markets have seen rates drop recently.
What are rent prices like in Texas in 2024?
Zumper, an online rental site, publishes a National Rent Report which, in June 2024, found that Austin had the highest prices in the Lone Star State for one-bedroom rentals, at $1,570 per month. As for two-bedroom rentals, Plano is the most expensive market in Texas at $2,130 a month.
Ranked at the other end of Zumper’s price list is El Paso, where both one-bedroom and two-bedroom rentals typically cost $910 and $1,200 per month, respectively.
City | One-Bedroom | Two-Bedroom | National ranking (shown lowest to highest) |
---|---|---|---|
El Paso | $910 | $1,200 | 95 |
San Antonio | $1,080 | $1,400 | 77 |
Arlington | $1,100 | $1,490 | 73 |
Houston | $1,280 | $1,620 | 59 |
Fort Worth | $1,280 | $1,630 | 59 |
Irving | $1,290 | $1,650 | 57 |
Dallas | $1,430 | $2,020 | 43 |
Plano | $1,510 | $2,130 | 37 |
Austin | $1,570 | $2,010 | 31 |
Compare these Texas housing rates to New York City, where you can expect a one-bedroom rental to run you $4,300 per month, or San Francisco, where a two-bedroom will normally set you back $3,900.