Rental prices in Memorial, Houston, TX have increased by 1.23% over the past year. The average rent moved from $1,721 to $1,742.
Check out the average rent in Houston.
The national average price of rental apartments is $1,741, while the average monthly rent in Memorial, Houston, TX is $1,742.
The average monthly rent for an apartment in Memorial, Houston, TX is around $1,742.
A share of 13% of apartments in Memorial, Houston, TX have the cheapest rents between ≤ $1000. Around 19% of rentals are $2,001-$2,500. Around 5% of Memorial's apartments have monthly rents between $1,001-$1,500. There are 58% of apartments with rents between $1,501-$2,000. A share of 4% of apartment rentals in Houston are in the $2,501-$3,000 range. Meanwhile, 1% of apartment rentals in Houston are in the > $3,000 range.
The largest share of rentals in Memorial, Houston, TX (58%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
The average Memorial, Houston, TX 1 bedroom apartment size is 876 sq. ft.
Renting a 1 bedroom apartment comes with more living and storage space compared to a studio apartment.
1 bedroom apartments are usually more expensive than studio apartments in terms of rent and utility costs.
In total, Memorial, Houston, TX has 20,440 residents, 10,396 women and 10,044 men, per U.S. Census recent estimates. Statistics show that the median age of Memorial’s population is 40.
There is a total of 8,604 households in Memorial, Houston, TX. Of these, 2,602 have children and 6,002 are without children. Per Census Bureau’s most current estimates, 5,259 family households and 3,344 non-family households live in this area. The size of a household in Memorial is 1.99 people, on average. The median household annual income in Memorial equals $122,564, and the monthly housing costs equal $2,049.
According to data from the U.S. Census Bureau, 2% of the population in Memorial, Houston, TX have no high school education, 12% went to high-school, and 14% have partially completed college. Moreover, 5% of the population hold an Associate Degree, 41% hold a Bachelor Degree, and 27% hold a Graduate Degree.
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