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Houston Rental Growth Highest In Suburbs – But Not By Much

A study shows rental households in suburban Houston grew by 13 percent from 2011 to 2015.

Rental growth is slightly higher in Houston’s suburbs but significantly more renters live in the city.

The suburbs used to be where people moved to buy a house with a big backyard. But census data show that’s changing: A growing number of suburbanites rent.

A study released by RentCafe shows between 2011 and 2015, the number of Houston’s suburban renters grew by 13 percent – compared to 12 percent of renters in the city.

In total numbers, Houston’s urban areas gained 33,000 more renters than suburbia did in that timeframe.

Nadia Balint, a real estate writer for RentCafe, said suburban rental growth in Houston is among the highest in the country.

But so is urban growth.

“In the Houston metro area, only a quarter of them choose the suburbs, while three-quarters live in the city,” she said, “which is the smallest share of suburban renters of the 20 largest metros studied.”

Why is that?

Balint says one reason might be that rent isn’t significantly lower in the suburbs here. The difference is only $10 on average.

 “For example, in New York metropolitan area, suburban renters save on average $1,600 a month,” she said. “In Boston metro, they save about $800 a month. In Chicago land about $500 a month.”

What should be taken into consideration is that suburban apartments are generally high-end and more spacious than those in urban areas – which will be reflected in the price.

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Florian Martin

Florian Martin

Business Reporter

Florian Martin is currently the News 88.7 business reporter. Florian’s stories can frequently be heard on other public radio stations throughout Texas and on NPR nationwide. Some of them have earned him awards from Texas AP Broadcasters and the Houston Press Club. Florian is a native of Germany. His studies...

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