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.
Wells Branch, TX Rental Market Trends
What is the average rent in Wells Branch?
The average rent for an apartment in Wells Branch is $1,181, a 2% decrease compared to the previous year, when the average rent was $1,211.
Average Rent in Wells Branch, TX
Last updated April 2021
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,181 | -2% | 843 sq. ft. |
What is the average apartment size in Wells Branch?
The average size for a Wells Branch, TX apartment is 843 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.
Wells Branch, TX Apartment Rent Ranges
- $701-$1,00025%
- $1,001-$1,50065%
- $1,501-$2,0008%
- > $2,0002%
Wells Branch, TX Occupied Housing Units
- Renter-occupied Households57%
- Owner-occupied Households42%
3,555 or 57% of the households in Wells Branch, TX are renter-occupied while 2,615 or 42% are owner-occupied.
Wells Branch, TX Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Apr / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Wells Branch, TX | $1,086 | $1,086 | $1,136 | $1,109 | $1,141 | $1,183 | $1,211 | $1,195 | $1,166 | $1,181 |
| National | $1,317 | $1,348 | $1,357 | $1,361 | $1,393 | $1,400 | $1,401 | $1,391 | $1,393 | $1,399 |
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How Wells Branch Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Houston | $1,116 | -1% |
| Dallas | $1,254 | n/a |
| Austin | $1,398 | -3% |
| San Antonio | $1,061 | 1% |
| Fort Worth | $1,183 | 5% |
| Round Rock | $1,228 | 2% |
| Liberty Hill | $1,320 | 4% |
| Killeen | $831 | 8% |
| Wells Branch | $1,181 | -2% |
| Pflugerville | $1,276 | n/a |
| San Marcos | $1,441 | n/a |
Most Popular Apartments in Wells Branch
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 Wells Branch 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.