Memorial, Houston, TX Rental Market Trends
Last updated: February 24, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Memorial is $2,102, a 0.32% increase compared to the previous year, when the average rent was $2,095.
Studio Apartments at $1,488 offer the most budget-friendly option with 607 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 789 square feet for $1,742, balancing privacy and affordability.
Two-beedroom units at $2,617 offer 1,258 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,796 sq ft) for $3,739, suitable for larger households.
Average rent in Memorial, Houston, TX
Last updated: February 24, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,102 | 979 sq. ft. |
| Studio | $1,488 | 607 sq. ft. |
| 1 Bed | $1,742 | 789 sq. ft. |
| 2 Beds | $2,617 | 1,258 sq. ft. |
| 3 Beds | $3,739 | 1,796 sq. ft. |
Memorial, Houston, TX rent trends
Rental prices in Memorial, Houston, TX have increased by 0.32% over the past year. The average rent moved from $2,095 to $2,102.
What's the typical rent budget in Memorial, Houston, TX?
The largest share of rentals in Memorial, Houston, TX (40%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Memorial, Houston, TX?
3,728 or 43% of the households in Memorial, Houston, TX are renter-occupied while 4,876 or 57% are owner-occupied.
Most affordable neighborhoods in Memorial?
Golfcrest - Bellfort - Reveille $884/month
Cranbrook Downs $939/month
Park Place $952/month
All of these neighborhoods fall below the city wide average of $1,343/month.Most expensive neighborhoods in Memorial?
Neartown - Montrose $2,281/month
The Museum District $2,356/month
University Place $2,556/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Houston, TX By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| University Place | $2,556 |
| The Museum District | $2,356 |
| Neartown - Montrose | $2,281 |
| Downtown Houston | $2,260 |
| Afton Oaks - River Oaks | $2,182 |
| Medical Center | $2,181 |
| Greater Fifth Ward | $2,146 |
| Memorial | $2,102 |
| Greater Eastwood | $1,989 |
| Greenway - Upper Kirby | $1,938 |
| Washington Ave - Memorial Park | $1,866 |
| Second Ward | $1,849 |
| Greater Heights | $1,844 |
| Bavaria | $1,821 |
| Fourth Ward | $1,712 |
| Midtown Houston | $1,694 |
| MacGregor | $1,675 |
| Armand Bayou | $1,665 |
| Westbranch | $1,593 |
| Cypress Village | $1,580 |
| Kingslake | $1,566 |
| Vintage Lakes | $1,557 |
| Copperfield | $1,513 |
| Northside Village | $1,511 |
| Minnetex | $1,511 |
| Energy Corridor | $1,496 |
| Uptown Houston | $1,480 |
| Summerwood | $1,475 |
| Westland East | $1,472 |
| Lazy Brook - Timbergrove | $1,444 |
| Braeswood Place | $1,438 |
| Copper Grove | $1,424 |
| Central Southwest Houston | $1,416 |
| Spring Branch West | $1,395 |
| Olde Oaks | $1,383 |
| Houston Farms | $1,382 |
| Oak Hollow | $1,375 |
| Cypress Forest | $1,374 |
| Astrodome | $1,358 |
| Magnolia Park | $1,358 |
| Glencairn | $1,356 |
| Independence Heights | $1,351 |
| Addicks Park Ten | $1,345 |
| Marwood Village | $1,339 |
| Harvest Bend | $1,327 |
| Fondren Gardens | $1,325 |
| Winchester | $1,321 |
| Westlake | $1,320 |
| Willow Pointe | $1,318 |
| Spring Branch East | $1,300 |
| Nassau Bay | $1,282 |
| South Main | $1,277 |
| Prestonwood Forest | $1,274 |
| North Houston Gardens | $1,272 |
| Eldridge - West Oaks | $1,271 |
| Champions | $1,267 |
| Sunnyside | $1,263 |
| Copperbrook | $1,260 |
| Northchase Park | $1,258 |
| Greater Ost - South Union | $1,255 |
| Tower Oaks | $1,251 |
| Willowbrook | $1,245 |
| Clear Lake | $1,234 |
| Tidwell Lakes | $1,231 |
| Windermere Lakes | $1,223 |
| Jefferson Forest | $1,213 |
| South Acres - Crestmont Park | $1,204 |
| Oak Forest - Garden Oaks | $1,199 |
| Mid West Houston | $1,190 |
| Briarforest | $1,180 |
| Spring Branch Central | $1,177 |
| Willow Meadows - Willowbend | $1,172 |
| Gulfgate Riverview - Pine Valley | $1,169 |
| Spring Shadows | $1,166 |
| Westchase | $1,164 |
| Fairbanks - Northwest Crossing | $1,161 |
| Fairgreen | $1,157 |
| Bridgewater Landing | $1,153 |
| Taylor Acres | $1,152 |
| Woodedge Village | $1,145 |
| Westfield Landing | $1,145 |
| Northwest Park | $1,144 |
| Acres Home | $1,141 |
| South Belt - Ellington | $1,135 |
| Inverness Estates | $1,120 |
| Alief | $1,119 |
| East Houston | $1,117 |
| Meyerland | $1,112 |
| Timber Meadow | $1,109 |
| Ponderosa Forest | $1,105 |
| Langwood | $1,103 |
| Meadowbrook - Allendale | $1,090 |
| Beechnut | $1,087 |
| Fountain View | $1,085 |
| Greater Hobby Area | $1,084 |
| Woodforest | $1,072 |
| Villas at Northpark | $1,070 |
| Colony Parkway | $1,070 |
| Northside - Northline | $1,068 |
| Eastex - Jensen | $1,062 |
| Edgebrook | $1,057 |
| Kashmere Gardens | $1,055 |
| Lawndale - Wayside | $1,051 |
| Gulfton | $1,049 |
| Chinatown | $1,049 |
| Westbury | $1,049 |
| Sharpstown | $1,041 |
| Greater Fondren Southwest | $1,040 |
| East Little York - Homestead | $1,023 |
| Silverglen West | $1,018 |
| Pecan Park | $1,004 |
| Northshore | $1,000 |
| Greater Greenspoint | $987 |
| Inverness Forest | $983 |
| Hambledon | $980 |
| Greater Inwood | $976 |
| Westwood | $975 |
| Braeburn | $965 |
| Woodglen Village | $958 |
| Park Place | $952 |
| Cranbrook Downs | $939 |
| Golfcrest - Bellfort - Reveille | $884 |
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Houston | Rent Comparison by Neighborhood
Rent in Memorial is 84% higher than in Acres Home
$2,102
Memorial rent is the same as Houston average
Average Rent
$2,102
$1,141
Acres Home rent is 46% lower than Houston average
Average Rent
$1,141
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Memorial apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.