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    Pricey pads

    This trendy neighborhood has the most expensive rents in Houston

    John Egan
    Jun 3, 2020 | 10:00 am
    Houston, Aris Market Square, December 2017, Aris Market Square
    Market Square has the highest average rent in Houston.
    Photo by Bryan Malloch

    If it's time to move, better get a handle on where in Houston is (somewhat) affordable to rent an apartment and where isn't (except for those in a specific tax bracket).

    Data from Apartments.com shows the average monthly rent for an apartment in the East Little York neighborhood in the Lake Houston area was $635 as of May 14. That amount covers apartments of all sizes.

    That's the lowest you'll find in Houston, followed by:

    • Pecan Park (East End), $659
    • Hobby Airport area (Southeast Houston), $718
    • Golfcrest (Southeast Houston), $718
    • Westwood (Southwest Houston), $720
    • Braeburn (Southwest Houston), $728

    At the other end of the spectrum, the most expensive neighborhood is Market Square. There, the average rent in mid-May was $2,677, Apartments.com says.

    Three other Houston neighborhoods notched average rents above $2,000:

    • Museum District, $2,656
    • Discovery Green, $2,331
    • University Place, $2,289

    Only one neighborhood in Texas' four major metro areas lays claim to an average apartment rent above $3,000, and it’s in Austin. Apartments in the Northshore neighborhood, which encompasses much of the Second Street District, stand at $3,156.

    No other neighborhood in the Austin, Dallas-Fort Worth, Houston, and San Antonio metro areas topped the $3,000 mark for average apartment rent in mid-May, Apartments.com says.

    Rounding out the top five most expensive neighborhoods in which to rent in Austin are:

    • Market District (western section of downtown), $2,991
    • Rainey Street, $2,425
    • West End (just west of downtown), $2,273
    • The Triangle (Central Austin), $2,002

    As for the biggest bargain for apartments in the Austin area, you’d need to look at the Uptown section of San Marcos. There, the average rent was $815 as of May 14, according to Apartments.com.

    Those looking for cheaper rents in Dallas-Fort Worth should search in South Dallas-Fair Park, where it's $741, followed by:

    • Lake Cliff, $748
    • South Boulevard-Park Row (Southeast Dallas), $785
    • Hunt County, $791
    • Highland Hills (Southeast Dallas), $800
    • Piedmont (Southeast Dallas), $808
    • Central Meadowbrook (East Fort Worth), $828

    The Victory Park neighborhood (Uptown/Park Cities) tops the list for the highest average rent ($2,189). Only one other neighborhood (Uptown Dallas) had average rent above $2,000 as of mid-May. There, the average rent was $2,165.

    In San Antonio, only one neighborhood had average rent above $2,000 a month. In Midtown’s Pearl District, average rent in mid-May was $2,283, Apartments.com says.

    Other San Antonio neighborhoods with high rents are:

    • Museum Reach (downtown), $1,774
    • The Rim (Northwest San Antonio), $1,596
    • The Dominion (Northwest San Antonio), $1,545
    • King William (downtown), $1,543
    • Lone Star (downtown), $1,495

    The Lackland Terrace neighborhood takes the honor as the San Antonio neighborhood with the lowest average rent — $617. It’s preceded by South Southwest, $684; Hot Wells (Southeast San Antonio), $685; Park Village (Northeast San Antonio), $715; and South San Antonio, $746.

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    news/real-estate

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    Sugar Land's first new apartment complex in 13 years breaks ground

    Brianna McClane
    Dec 11, 2025 | 12:30 pm
    Pearl Lake Pointe luxury apartment complex Sugar Land.
    Rendering Courtesy of Morgan
    Pearl Lake Pointe is a 376-unit luxury apartment complex slated for early summer 2027 in Sugar Land.

    Sugar Land is welcoming its first new apartment development in more than a decade. Pearl Lake Pointe, a 376-unit luxury community from developers Morgan and Carlyle, is underway at 16435 Creekbend Drive.

    Construction began in November, with an official groundbreaking held this week. “The groundbreaking of Pearl Lake Pointe marks an exciting new chapter for the Lake Pointe peninsula,” Sugar Land Mayor Carol K. McCutcheon said in a statement. “After years of planning and collaboration with Morgan, this project delivers much-needed, high-quality multifamily housing and strengthens our long-term vision for a vibrant, connected district. This milestone will help drive continued reinvestment and momentum throughout Lake Pointe and across Sugar Land.”

    Set across 6.46 acres, the five-story complex will feature five live-work units, a six-story parking garage, and 9,940 square feet of commercial office space. Fitness centers, a resort-inspired pool, a golf simulator, a sky lounge, and a cafe are among the planned amenities.

    Inside the residences, features include open-concept floor plans, quartz countertops, stainless-steel appliances, washers and dryers, and balconies in select units.

    “Pearl Lake Pointe is a unique opportunity to elevate the living experience and set a new benchmark for luxury in Sugar Land,” Kase Pappert, Morgan senior development manager, said. “We are grateful for the City’s partnership and look forward to helping re-energize the Lake Pointe peninsula with a welcoming community that feels like home and connects residents to the amenities right outside their door.”

    Roughly 20 miles from downtown Houston, the site has views of Brooks Lake and is adjacent to the former Fluor corporate campus currently being transformed into the Lake Pointe Green mixed-use development.

    The first Pearl Lake Pointe units are slated for delivery in early summer 2027. Morgan and Carlyle will own and manage the community, with project financing provided by Texas Capital Bank.

    “With Pearl Lake Pointe, Carlyle and Morgan are redefining multifamily living and adding meaningful momentum to address the demand for high-quality housing in the Sugar Land submarket,” said Adam Buchwald, Carlyle managing director and partner. “Partnering with Morgan — an accomplished developer with a strong track record — makes this project even more exciting, and Pearl Lake Pointe is a standout addition to Carlyle’s portfolio of high-quality multifamily developments.”

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