Red Oak, TX Rental Market Trends
Highlights
The average rent for an apartment in Red Oak is $1,008, a change amounting to approximately 0% compared to the previous year.
Average Rent in Red Oak, TX
Last updated November 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,008 | 0% | 861 sq. ft. |
The average size for a Red Oak, TX apartment is 861 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Red Oak, TX Apartment Rent Ranges
- $701-$1,00065%
- $1,001-$1,50035%
Red Oak, TX Occupied Housing Units
- Renter-occupied Households18%
- Owner-occupied Households81%
2,356 or 18% of the households in Red Oak, TX are renter-occupied while 10,080 or 81% are owner-occupied.
Red Oak, TX Rent Trends
| Average Rent | Jul / 2016 | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Nov / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Red Oak, TX | $913 | $955 | $1,010 | $994 | $977 | $1,005 | $1,005 | $1,002 | $1,002 | $1,008 |
| National | $1,342 | $1,350 | $1,346 | $1,378 | $1,380 | $1,383 | $1,418 | $1,427 | $1,431 | $1,466 |
/
How Does Red Oak Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Waxahachie | $1,094 | 6% |
| Red Oak | $1,008 | n/a |
| Midlothian | $1,073 | 5% |
| Red Oak City | $1,008 | n/a |
| Ennis | $927 | 25% |
| Ennis City | $927 | 25% |
| Ovilla | $1,008 | n/a |
| Alma | $927 | 25% |
| Bristol | $927 | 25% |
For more information about the Red Oak rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Red Oak apartment buildings 50 units or larger. Yardi Matrix covers ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.