Red Oak, TX Rental Market Trends
Highlights
The average rent for an apartment in Red Oak is $1,066, a 4% increase compared to the previous year, when the average rent was $1,025.
Average Rent in Red Oak, TX
Average Rent | Y-o-Y Change | Average Apartment Size |
---|---|---|
$1,066 | 4% | 861 sq. ft. |
The average size for a Red Oak, TX apartment is 861 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. 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-$1,00047%
- $1,001-$1,50051%
- $1,501-$2,0002%
Red Oak, TX Occupied Housing Units
- Renter-occupied Households23%
- Owner-occupied Households76%
920 or 23% of the households in Red Oak, TX are renter-occupied while 3,075 or 76% are owner-occupied.
Red Oak, TX Rent Trends
Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Jan / 2021 |
---|---|---|---|---|---|---|---|---|---|
Red Oak, TX | $1,005 | $1,005 | $1,002 | $1,002 | $1,008 | $1,025 | $1,039 | $1,040 | $1,066 |
National | $1,381 | $1,418 | $1,428 | $1,432 | $1,468 | $1,475 | $1,477 | $1,464 | $1,462 |

How Red Oak Compares to Other Cities
Average Rent | Y-o-Y Change | |
---|---|---|
Houston | $1,102 | -1% |
Dallas | $1,249 | n/a |
Austin | $1,378 | -4% |
San Antonio | $1,051 | n/a |
Fort Worth | $1,172 | 4% |
Irving | $1,181 | -1% |
Arlington | $1,082 | 4% |
Plano | $1,331 | -2% |
McKinney | $1,301 | 1% |
Grand Prairie | $1,177 | 4% |
Red Oak | $1,066 | 4% |
For more information about the Red Oak rental trends, check out our monthly rent report
Check out Texas Cities, Texas Neighborhoods and Texas Zip Codes for more details on verified listings, including the Texas Average Rent.
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