Texas Rent Trends (2026)

Stable

Texas growth continues but maintains affordability

+4.5%
Year-over-Year
+35%
5-Year Change
$1,366
Current Avg 2BR
$1,427
Projected 2027

Texas Market Outlook: Stable

Texas metros have experienced rapid growth but maintain affordability compared to coastal cities. Austin has seen the most significant increases due to tech sector expansion, while Houston and Dallas offer better value.

Expect relatively stable rent prices

Key Factors

  • Cost of Living Index: 93 (below national avg)
  • Housing Index: 88
  • Metro Areas Tracked: 7
  • Rent Range: $1,080 - $1,931

Texas Rent History & Projections

2021 (Est.)
$1,012
5 years ago
2026 (Current)
$1,366
today
2027 (Proj.)
$1,427
+4.5%
2031 (Proj.)
$1,702
if trend continues

Note: Projections are estimates based on current trends and may vary based on economic conditions, policy changes, and market dynamics. Past performance does not guarantee future results.

Texas Cost of Living Breakdown

Below average with no income tax

93
Overall Index
88
Housing
103
Utilities
93
Groceries
95
Transportation

Index values: 100 = national average. Below 100 = cheaper than average. Above 100 = more expensive.

Texas Metro Areas by Rent

Compare rent across 7 Texas cities

CityStudio1 Bed2 Bed3 Bedvs State Avg
Dallas, TX$1,582$1,648$1,931$2,431+41%
Houston, TX$1,280$1,323$1,573$2,116+15%
San Antonio, TX$1,077$1,177$1,426$1,830+4%
Corpus Christi, TX$935$1,100$1,320$1,705-3%
El Paso, TX$808$950$1,140$1,473-17%
Austin, TX$885$891$1,095$1,523-20%
Laredo, TX$765$900$1,080$1,395-21%

Tips for Texas Renters

Build Landlord Relationships

In stable markets, good tenant-landlord relationships can lead to minimal rent increases and better treatment over time.

Plan for Modest Increases

Even in stable markets, expect 2-4% annual increases. Budget accordingly and maintain good payment history for negotiating power.

Consider Alternatives

Texas's cheapest city (Laredo) offers 2BR at $1,080/mo vs $1,931/mo in Dallas.

Factor in Total Costs

Remember that Texas's cost of living index is 93. Lower rent plus lower overall costs means more purchasing power.