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Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.

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

Last updated January 2021
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
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Access comprehensive real estate data and information on Yardi Matrix

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.

Curious about listings in your area? Check out our apartments near you for more details!

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 ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.