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    Ouch!

    Houston residents shelled out a shocking $90 billion on rent in the past decade

    John Egan
    Dec 16, 2019 | 2:32 pm
    Downtown Houston skyline
    Houston rents have risen 65.8 percent in the past decade.
    Photo by Shobeir Ansari, Getty Images

    Many Houstonians are burdened by the cost of rent right now, but when you consider how much Houston renters have collectively paid in this decade, the reality becomes even more painful.

    From 2010 through 2019, renters in the Houston area shelled out $90.4 billion for their living quarters, according to an analysis released December 11 by real estate website Zillow. To put that in perspective, that total is close to the size of the economy in the Dominican Republic.

    If the $90.4 billion figure weren’t jarring enough, the total sum of rent paid by Houstonians skyrocketed 65.8 percent from 2009 to 2019. In 2019 alone, Houston renters spent $10.8 billion on housing, up 1.7 percent from 2018.

    Fortunately, there might be some relief in sight.

    “With rental appreciation expected to decrease in the coming year and a homeownership rate that has been ticking up over the past few years, a small or even negative change in total rental spending could be in the cards in the early 2020s,” Zillow economist Joshua Clark says in a release.

    Notably, the current median rent in Houston is $1,385 per month, down 0.6 percent from a year ago, according to Zillow.

    Elsewhere in Texas, Austin, Dallas-Fort Worth, and San Antonio weren’t immune to the costly leap, the Zillow analysis shows.

    The total sum of rent paid by Austinites jumped 92.6 percent from 2009 to 2019. That’s the highest increase among all the major metro areas included in the Zillow analysis. (Raleigh, North Carolina, was second with a 91 percent increase.)

    From 2010 through 2019, renters in the Austin area spent $36.7 billion for their living quarters, about the size of the economy of Latvia, a small country in northern Europe.

    In DFW, the rent total shot up 83.7 percent over a 10-year span, landing at $104.2 billion in 2019, Zillow says. By comparison, the size of the Puerto Rican economy is nearly $100 billion. This year alone, DFW renters forked over $13.2 billion, up 3.2 percent from 2018, according to Zillow.

    Renters in the San Antonio area saw a smaller overall jump in the rent total compared with Austin, DFW, and Houston. From 2010 through 2019, renters in the area spent $26.8 billion on housing, accounting for a 10-year increase of 47.8 percent, the analysis shows. That sum is roughly equivalent to the size of Cambodia’s economy. This year, San Antonio renters paid $2.9 billion, down 0.4 percent from 2018, Zillow says.

    rentlists
    news/real-estate

    on the market

    Galveston's largest condo offers stunning Gulf views, listed at $2.95M

    Holly Beretto
    Nov 20, 2025 | 9:15 am
    801 E. Beach Drive exterior
    Photo courtesy of Nan & Company Properties
    801 E. Beach Drive offers beachfront elegance.

    The largest condo on Galveston island — complete with panoramic sea views and five bedrooms — is on the market. 801 E Beach Drive (Unit 2001) is priced at $2.95 million, and represented by Zuleima Cossio of Nan & Company Properties.

    The approximately 3,800-square-foot, 20th floor residence feels like a spacious beach home in the sky, making it perfect for those who want space for family and friends. The residence’s design merged two premium floor plans in the oceanfront high rise, resulting in a spacious layout that includes five bedrooms, each with a private bath, and soaring 10-foot ceilings.

    Its four expansive balconies total 805 square feet and offer uninterrupted views of the bay and the Gulf. The kitchen features Costa Esmeralda granite, custom cabinetry, and curated lighting. Those who like to host guests will appreciate the condo's coffee bar, wet bar with a Sub-Zero dual-control wine fridge, and undercounter beverage drawers.

    Spacious dining and living rooms also ensure plenty of room for entertaining.

    The condo delivers the feel of a generous beach home while providing the ease and amenities of a luxury, maintenance-free coastal lifestyle. Owners and their guests will love the ability to hit the beach or spend an afternoon by the high-rise’s private pool.

    Those who are in the market for a spot that provides elegance, ample entertaining and living space, and beautiful views will be intrigued.

    801 E. Beach Drive exterior

    Photo courtesy of Nan & Company Properties

    801 E. Beach Drive offers beachfront elegance.

    news/real-estate
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