Memorial, Houston, TX Rental Market Trends
Last updated: April 20, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Memorial is $2,099, a 0.51% increase compared to the previous year, when the average rent was $2,088.
Studio Apartments at $1,521 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 $1,714, balancing privacy and affordability.
Two-beedroom units at $2,651 offer 1,258 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,796 sq ft) for $3,806, suitable for larger households.
Average rent in Memorial, Houston, TX
Last updated: April 20, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,099 | 979 sq. ft. |
| Studio | $1,521 | 607 sq. ft. |
| 1 Bed | $1,714 | 789 sq. ft. |
| 2 Beds | $2,651 | 1,258 sq. ft. |
| 3 Beds | $3,806 | 1,796 sq. ft. |
Memorial, Houston, TX rent trends
Rental prices in Memorial, Houston, TX have increased by 0.51% over the past year. The average rent moved from $2,088 to $2,099.
What's the typical rent budget in Memorial, Houston, TX?
The largest share of rentals in Memorial, Houston, TX (38%) 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?
3,920 or 44% of the households in Memorial, Houston, TX are renter-occupied while 4,972 or 56% are owner-occupied.
Most affordable neighborhoods in Memorial?
Cranbrook Downs $916/month
Golfcrest - Bellfort - Reveille $923/month
Hambledon $945/month
All of these neighborhoods fall below the city wide average of $1,346/month.Most expensive neighborhoods in Memorial?
Downtown Houston $2,286/month
The Museum District $2,372/month
University Place $3,377/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 | $3,377 |
| The Museum District | $2,372 |
| Downtown Houston | $2,286 |
| Neartown - Montrose | $2,276 |
| Greater Fifth Ward | $2,214 |
| Afton Oaks - River Oaks | $2,197 |
| Memorial | $2,085 |
| Greenway - Upper Kirby | $1,936 |
| Washington Ave - Memorial Park | $1,864 |
| Greater Heights | $1,838 |
| Second Ward | $1,738 |
| Fourth Ward | $1,712 |
| MacGregor | $1,682 |
| Midtown Houston | $1,681 |
| Armand Bayou | $1,677 |
| Cypress Village | $1,598 |
| Westbranch | $1,576 |
| Vintage Lakes | $1,572 |
| Kingslake | $1,560 |
| Uptown Houston | $1,505 |
| Minnetex | $1,493 |
| Energy Corridor | $1,491 |
| Copperfield | $1,462 |
| Summerwood | $1,457 |
| Westland East | $1,453 |
| Central Southwest Houston | $1,431 |
| Lazy Brook - Timbergrove | $1,430 |
| Braeswood Place | $1,428 |
| Olde Oaks | $1,422 |
| Copper Grove | $1,404 |
| Marwood Village | $1,397 |
| Harvest Bend | $1,379 |
| Glencairn | $1,377 |
| Astrodome | $1,371 |
| Spring Branch West | $1,370 |
| Magnolia Park | $1,365 |
| Oak Hollow | $1,365 |
| Fondren Gardens | $1,353 |
| Addicks Park Ten | $1,350 |
| Independence Heights | $1,346 |
| Westlake | $1,345 |
| Cypress Forest | $1,345 |
| Houston Farms | $1,336 |
| Champions | $1,313 |
| Willow Pointe | $1,301 |
| Nassau Bay | $1,300 |
| Eldridge - West Oaks | $1,276 |
| Copperbrook | $1,274 |
| Clear Lake | $1,272 |
| South Main | $1,265 |
| Greater Ost - South Union | $1,262 |
| Tower Oaks | $1,262 |
| Spring Branch East | $1,261 |
| Winchester | $1,256 |
| Sunnyside | $1,254 |
| Jefferson Forest | $1,250 |
| Northchase Park | $1,249 |
| Willowbrook | $1,236 |
| Oak Forest - Garden Oaks | $1,208 |
| Willow Meadows - Willowbend | $1,201 |
| Mid West Houston | $1,185 |
| Spring Shadows | $1,183 |
| Briarforest | $1,181 |
| South Acres - Crestmont Park | $1,181 |
| Woodedge Village | $1,176 |
| Spring Branch Central | $1,176 |
| Fairbanks - Northwest Crossing | $1,165 |
| Westchase | $1,164 |
| Bridgewater Landing | $1,154 |
| Acres Home | $1,146 |
| South Belt - Ellington | $1,145 |
| Northwest Park | $1,142 |
| Taylor Acres | $1,138 |
| Inverness Estates | $1,123 |
| Timber Meadow | $1,119 |
| Westfield Landing | $1,115 |
| East Houston | $1,114 |
| Villas at Northpark | $1,112 |
| Meadowbrook - Allendale | $1,107 |
| Beechnut | $1,106 |
| Meyerland | $1,105 |
| Alief | $1,097 |
| Ponderosa Forest | $1,091 |
| Colony Parkway | $1,082 |
| Northside - Northline | $1,079 |
| Eastex - Jensen | $1,066 |
| Gulfton | $1,048 |
| Woodforest | $1,047 |
| Edgebrook | $1,045 |
| Sharpstown | $1,035 |
| Pecan Park | $1,035 |
| Chinatown | $1,034 |
| Greater Fondren Southwest | $1,030 |
| Lawndale - Wayside | $1,027 |
| Greater Greenspoint | $1,013 |
| Park Place | $1,012 |
| Northshore | $997 |
| Westwood | $989 |
| Greater Inwood | $982 |
| Woodglen Village | $965 |
| Kashmere Gardens | $964 |
| Inverness Forest | $962 |
| Hambledon | $945 |
| Golfcrest - Bellfort - Reveille | $923 |
| Cranbrook Downs | $916 |
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Houston | Rent Comparison by Neighborhood
Rent in Memorial is 82% higher than in Acres Home
$2,085
Memorial rent is 1% lower than Houston average
Average Rent
$2,085
$1,146
Acres Home rent is 45% lower than Houston average
Average Rent
$1,146
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.