Memorial, Houston, TX Rental Market Trends
Last updated: June 03, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Memorial is $2,082, a 0.49% decrease compared to the previous year, when the average rent was $2,092.
One-bedroom apartments provide 789 square feet for $1,695, balancing privacy and affordability.
Two-beedroom units at $2,636 offer 1,258 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,796 sq ft) for $3,810, suitable for larger households.
Average rent in Memorial, Houston, TX
Last updated: June 03, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,082 | 979 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,695 | 789 sq. ft. |
| 2 Beds | $2,636 | 1,258 sq. ft. |
| 3 Beds | $3,810 | 1,796 sq. ft. |
Memorial, Houston, TX rent trends
Rental prices in Memorial, Houston, TX have decreased by 0.49% over the past year. The average rent moved from $2,092 to $2,082.
What's the typical rent budget in Memorial, Houston, TX?
The largest share of rentals in Memorial, Houston, TX (38%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Memorial, Houston, TX?
3,920 or 44% of the households in Memorial, Houston, TX are renter-occupied while 4,972 or 56% are owner-occupied.
Most affordable neighborhoods in Memorial?
Cranbrook Downs $912/month
Golfcrest - Bellfort - Reveille $922/month
Hambledon $938/month
All of these neighborhoods fall below the city wide average of $1,345/month.Most expensive neighborhoods in Memorial?
Neartown - Montrose $2,277/month
The Museum District $2,364/month
University Place $3,372/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Houston, TX By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| University Place | $3,372 |
| The Museum District | $2,364 |
| Neartown - Montrose | $2,277 |
| Downtown Houston | $2,252 |
| Greater Fifth Ward | $2,234 |
| Afton Oaks - River Oaks | $2,187 |
| Memorial | $2,082 |
| Greater Eastwood | $1,985 |
| Greenway - Upper Kirby | $1,936 |
| Washington Ave - Memorial Park | $1,863 |
| Greater Heights | $1,837 |
| Bavaria | $1,791 |
| Second Ward | $1,752 |
| Fourth Ward | $1,703 |
| MacGregor | $1,682 |
| Midtown Houston | $1,679 |
| Cypress Village | $1,603 |
| Westbranch | $1,570 |
| Vintage Lakes | $1,570 |
| Kingslake | $1,562 |
| Northside Village | $1,508 |
| Uptown Houston | $1,501 |
| Energy Corridor | $1,485 |
| Minnetex | $1,478 |
| Copperfield | $1,467 |
| Westland East | $1,454 |
| Summerwood | $1,448 |
| Central Southwest Houston | $1,422 |
| Olde Oaks | $1,419 |
| Braeswood Place | $1,417 |
| Lazy Brook - Timbergrove | $1,413 |
| Copper Grove | $1,409 |
| Marwood Village | $1,392 |
| Harvest Bend | $1,377 |
| Glencairn | $1,376 |
| Oak Hollow | $1,366 |
| Astrodome | $1,358 |
| Spring Branch West | $1,357 |
| Independence Heights | $1,355 |
| Westlake | $1,340 |
| Cypress Forest | $1,338 |
| Addicks Park Ten | $1,337 |
| Fondren Gardens | $1,337 |
| Houston Farms | $1,327 |
| Willow Pointe | $1,317 |
| Champions | $1,308 |
| Nassau Bay | $1,302 |
| Eldridge - West Oaks | $1,278 |
| Copperbrook | $1,274 |
| Clear Lake | $1,272 |
| Winchester | $1,272 |
| South Main | $1,271 |
| Greater Ost - South Union | $1,260 |
| Sunnyside | $1,251 |
| Tower Oaks | $1,251 |
| Willowbrook | $1,250 |
| Northchase Park | $1,248 |
| Jefferson Forest | $1,247 |
| Spring Branch East | $1,242 |
| Tidwell Lakes | $1,231 |
| Oak Forest - Garden Oaks | $1,203 |
| Windermere Lakes | $1,196 |
| South Acres - Crestmont Park | $1,184 |
| Gulfgate Riverview - Pine Valley | $1,179 |
| Spring Shadows | $1,177 |
| Mid West Houston | $1,177 |
| Willow Meadows - Willowbend | $1,177 |
| Briarforest | $1,175 |
| Fairgreen | $1,172 |
| Woodedge Village | $1,168 |
| Spring Branch Central | $1,163 |
| Fairbanks - Northwest Crossing | $1,161 |
| Westchase | $1,154 |
| Bridgewater Landing | $1,153 |
| Fountain View | $1,152 |
| South Belt - Ellington | $1,147 |
| Taylor Acres | $1,144 |
| Northwest Park | $1,138 |
| Acres Home | $1,133 |
| East Houston | $1,122 |
| Inverness Estates | $1,116 |
| Meadowbrook - Allendale | $1,108 |
| Westfield Landing | $1,106 |
| Meyerland | $1,104 |
| Villas at Northpark | $1,103 |
| Beechnut | $1,094 |
| Timber Meadow | $1,094 |
| Alief | $1,091 |
| Northside - Northline | $1,082 |
| Eastex - Jensen | $1,080 |
| Colony Parkway | $1,075 |
| Woodforest | $1,052 |
| East Little York - Homestead | $1,045 |
| Greater Hobby Area | $1,045 |
| Gulfton | $1,039 |
| Westbury | $1,028 |
| Sharpstown | $1,026 |
| Greater Fondren Southwest | $1,024 |
| Lawndale - Wayside | $1,023 |
| Chinatown | $1,022 |
| Silverglen West | $1,019 |
| Pecan Park | $1,013 |
| Park Place | $1,010 |
| Greater Greenspoint | $1,009 |
| Northshore | $993 |
| Woodglen Village | $982 |
| Westwood | $979 |
| Greater Inwood | $973 |
| Kashmere Gardens | $962 |
| Inverness Forest | $961 |
| Braeburn | $957 |
| Hambledon | $938 |
| Golfcrest - Bellfort - Reveille | $922 |
| Cranbrook Downs | $912 |
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Houston | Rent Comparison by Neighborhood
Rent in Memorial is 84% higher than in Acres Home
$2,082
Memorial rent is the same as Houston average
Average Rent
$2,082
$1,133
Acres Home rent is 46% lower than Houston average
Average Rent
$1,133
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Memorial apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.