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Apartments for Rent in Houston, TX under $700 – 65 Rentals available

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Houston’s average rent reached $1,127 in April

Houston’s average rent reached $1,127 in April, after a 1% increase since last year. A thriving economic and cultural center and a renter-majority city (54%), Houston is a popular location to call home, with apartment prices below the national average of $1,417. [View Full Report]

Houston apartment rent report

Houston’s average rent was $1,127 in April

Houston’s average rent reached $1,127 in April, after a 1% increase since last year. A thriving economic and cultural center and a renter-majority city (54%), Houston is a popular location to call home, with apartment prices below the national average of $1,417.

The average rent for an apartment in Houston rose slower than in other surrounding cities, such as Pearland ($1,352), where prices went up by 1.6%. Meanwhile, apartment rates in The Woodlands decreased by 3.4%, reaching a $1,470 average.

Houston apartment rent report

What it costs to rent in the largest renter hubs in the Houston area

Webster, the city with the largest renter share (88%) in the Houston area, has a $1,046 average rent, after a 2.5% annual increase. The second largest renter hub, Galveston, has a 55% renter share, with its apartments going for $1,108 on average (up by 0.4% since last year).

Houston comes in third, tied with Humble (54% renters), where rental prices circle around $1,127, after a 3.8% yearly increase. Last but not least, Rosenberg's 50% share of renters places it fifth among the area’s renter hubs. The city’s average rent reached $1,165 in April, going up by 9.6% in the past year. 

The priciest and cheapest cities for renters in the Houston area

The Woodlands is the priciest city for renters in the Houston area, with apartments renting for $1,470 per month. Pearland’s $1,352 rate is the second most expensive, while apartments in Katy ($1,332) come in third.

For renters in search of budget-friendly apartments, Clutes $830 average rent is the cheapest in the Houston area, followed by Pasadena's $910 rate. Baytown rentals are the third least pricey on the list, with a $951 average rent as of April.

Houston apartment rents in popular ZIP codes for renters

Among Houston's most popular renter ZIP codes, 77036 has a $820 average rent, below the city average ($1,127). At the same time, rentals in ZIP 77077 go for $1,109, while prices in ZIP 77081 circle around $904. Apartment rents in ZIP 77042 clock in at around $1,061, lower than the Houston average, while rates in ZIP 77057 average at $1,111.

Check out how average rents evolved across the Houston area

Houston apartment rent report

Methodology

RENTCafe.com is a nationwide apartment search website that enables renters to easily find apartments and houses for rent throughout the United States. 

The data on average rents included in our reports comes directly from competitively-rented (market-rate) large-scale multifamily properties (50+ units in size), via telephone survey. The data is compiled and reported by our sister company Yardi Matrix, a business development and asset management tool for brokers, sponsors, banks and equity sources underwriting investments in the multifamily, office, industrial and self-storage sectors. Fully-affordable properties are not included in the survey and are not reported in rental rate averages. Local rent reports include only cities with a statistically-relevant stock of large-scale multifamily properties of 50+ units.

Houston, TX Demographics

  • Total Population2,310,432
  • Female 1,153,417
    Male 1,157,015
  • Median Age33

Average Rent in Houston, TX

  • Houston, TX Average Rental Price, May 2021 $1,132 /mo

Houston, TX Apartment Rent Ranges

  • $501-$70010%
  • $701-$1,00040%
  • $1,001-$1,50036%
  • $1,501-$2,00010%
  • > $2,0005%

Houston, TX Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Mar / 2021 May / 2021
Houston, TX $1,086 $1,097 $1,094 $1,097 $1,103 $1,114 $1,120 $1,111 $1,108 $1,116 $1,132
National $1,314 $1,345 $1,354 $1,358 $1,390 $1,397 $1,400 $1,392 $1,396 $1,407 $1,428
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Check out the average rent prices in Houston by neighborhood.

Houston, TX Households

  • Total Number of Households858,374
  • Family 522,128
    Non-family 336,246
  • Children 282,908
    No Children 575,466
  • Average People Per Household2.65
  • Median Household Income$52,338
  • Median Housing Costs Per Month$1,058

Houston, TX Education Statistics

  • No High School11%
  • Some High School33%
  • Some College20%
  • Associate Degree5%
  • Bachelor Degree19%
  • Graduate Degree11%

Renting apartments in Houston, TX under $700

Searching for apartments for rent in Houston, TX under $700 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RENTCafé can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away. In Houston, TX, where the average rent is $711 per month, there are 63 units available for less than $700. Click on any of these units to see pictures, floor plans, amenities and more. After you have picked your favorite, you can contact the property to check availability. Considering that you are trying to spend as little as possible, looking at 1 bedroom apartments and studio apartments might be a good idea.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $700” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Houston, TX. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition. With the cheapest apartments in Houston, TX going for $585 per month, there are great deals waiting to be discovered. Feeling lucky? Expand your search to 2 bedroom apartments and 3 bedroom apartments as well for more space.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!