Temple, TX Rental Market Trends
What is the average rent in Temple?
The average rent for an apartment in Temple is $893, a 8% increase compared to the previous year, when the average rent was $823.
Average Rent in Temple, TX
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $893 | 8% | 848 sq. ft. |
What is the average apartment size in Temple?
The average size for a Temple, TX apartment is 848 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.
Temple, TX Apartment Rent Ranges
- < $5002%
- $501-$70016%
- $701-$1,00057%
- $1,001-$1,50022%
- $1,501-$2,0001%
- > $2,0001%
Temple, TX Occupied Housing Units
- Renter-occupied Households35%
- Owner-occupied Households64%
9,720 or 35% of the households in Temple, TX are renter-occupied while 17,898 or 64% are owner-occupied.
Temple, TX Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Jun / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Temple, TX | $778 | $778 | $788 | $795 | $809 | $824 | $823 | $833 | $878 | $893 |
| National | $1,314 | $1,345 | $1,354 | $1,358 | $1,390 | $1,397 | $1,400 | $1,392 | $1,396 | $1,407 |
Average Rent in Temple, TX By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Belton | $1,132 |
| Morgan's Point Resort | $1,132 |
| Killeen | $831 |
| Harker Heights | $763 |
What are the most affordable neighborhoods in Temple?
The most affordable neighborhoods in Temple are Harker Heights, where the average rent goes for $763/month, Killeen, where renters pay $831/mo on average, and Belton, where the average rent goes for $1,132/mo.
Temple | Rent Comparison by Neighborhood
Rent in Belton is 48% higher than in Harker Heights
Belton rent is 27% higher than Temple average
| Average Rent | $1,132 |
|---|
Harker Heights rent is 15% lower than Temple average
| Average Rent | $763 |
|---|
How Temple Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Houston | $1,132 | 2% |
| Dallas | $1,276 | 2% |
| Austin | $1,431 | 1% |
| San Antonio | $1,077 | 3% |
| Fort Worth | $1,209 | 6% |
| Round Rock | $1,253 | 4% |
| Liberty Hill | $1,320 | 4% |
| Killeen | $831 | 8% |
| Wells Branch | $1,181 | -2% |
| Pflugerville | $1,276 | n/a |
| Temple | $893 | 8% |