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    NO SPACE TO WASTE

    This is how big Houston apartments get for $1,500 a month

    Amber Heckler
    May 29, 2023 | 9:00 am
    Houston apartment
    Houston renters can find apartments that span 997 square feet for $1,500 a month.
    cdngeneral.rentcafe.com

    We all know what renters dream about when they’re not thinking about the logistics of owning a home: low rent prices with the perfect amount of space. In a city like Houston, that’s getting harder and harder to come by.

    In fact, for renters who have a budget of $1,500 a month, the average apartment size they can get in Houston spans about 997 square feet. That’s according to a new study by apartment rental marketplace RentCafe. The study looked at data from their sister site, Yardi Matrix, to determine the average size and price per square foot for a $1,500 monthly budget in 200 of the largest American cities.

    H-Town is just outside the top 10 in a ranking of Texas cities with the most space for the same budget, at No. 11. If you head to neighboring Pasadena, residents get an average of 1,180 square feet of space for the same price.

    The worst offender, with the smallest space for the price, is Austin. Austin renters have to make do with an average apartment size of 714 square feet, which is a 283-square-foot difference in comparison to Houston. In Killeen, which is only 70 miles north of Austin, renters can find an average apartment size of 1,095 square feet. The Capital City is at the bottom of the list in the overall analysis of Texas cities; adding to the ever-growing list of reasons to be glad we don't live there.

    Renters looking to live in Fort Worth or Dallas will notice a nearly 100 square foot difference between apartments, at 909 and 805 square feet, respectively. Residents can get the most bang for their buck in the suburbs with an average apartment size well into the 900-square-foot range. Mesquite residents, by far, get the most space, at 999 square feet, whereas renters in Garland and Arlington get an average of 937 and 928 square feet for the same budget.

    Elsewhere in Texas, apartments in the Rio Grande Valley have the best price per square foot in the state. McAllen residents get the most space out of any other Texas city with an average apartment size of 1,471 square feet. Renters in Brownsville, which is 60 miles east on the border, can get a similarly sized apartment that’s 1,307 square feet for the same $1,500 a month budget.

    Here’s how much space you can rent for $1,500 a month in other Texas cities:

    • Amarillo – 1,318 square feet
    • El Paso – 1,222 square feet
    • Lubbock – 1,218 square feet
    • Corpus Christi – 1,126 square feet
    • Grand Prairie – 873 square feet
    • Denton – 868 square feet
    • Irving – 848 square feet
    • McKinney – 809 square feet
    • Plano – 766 square feet
    • Frisco – 740 square feet

    The full report can be found on rentcafe.com.

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    REAL ESTATE NEWS

    More Houston homeowners are becoming 'accidental landlords,' study finds

    Brandon Watson
    Mar 18, 2026 | 10:30 am
    For Lease Real Estate Sign Hangs in Front Yard of House
    Getty Images
    An increasing number of San Antonio homeowners are bcoming "accidental landlords"

    Houston homeowners unable to sell their properties are increasingly becoming “accidental landlords,” according to Zillow. The real estate marketplace’s newest analysis says that 4.2 percent of its local for-sale listings recently converted to rentals, making the Bayou City the second-worst U.S. city for the market trend.

    Only Denver (4.9 percent) ranks higher, with Austin (4.1 percent) and San Antonio (3.9 percent) not far behind. Seven of the top 10 metros are in Texas or Florida.

    Zillow senior economist Kara Ng says today's dynamic is driven by choice rather than panic. Homeowners aren't being forced to sell; they're simply unwilling to accept what the market will actually pay.

    "As the market continues to rebalance, sellers are facing a different reality than they did a few years ago," Ng said in a statement. "Bargaining power is tilting toward buyers, and homes are taking longer to sell, making renting out a property one way to buy time rather than compete aggressively on price. After all, today's sellers are rarely forced to sell, and it appears they are often unwilling to budge off of what their heart says their home is worth."

    Nationally, the trend is nearing a record high. 2.3 percent of all Zillow rental listings were recently for-sale properties, second only to November 2022, when mortgage rates had doubled in a single year, and sellers were scrambling. That spike was shock-driven, but now stubbornness is likely fueling the shift.

    Single-family homes make up the largest share of accidental landlord properties, but condos are seeing the fastest rise. Metros with the hottest buyer competition, including Boston, New York City, and Providence, Rhode Island, have the lowest accidental landlord rates.

    For both local buyers and sellers, Goldilocks thinking is increasingly the norm. Sellers, especially those who bought during the COVID-19 boom, are holding their asking price firm to avoid taking a loss. Buyers, for their part, are refusing to compromise on concessions and repairs.

    Meanwhile, the city's rental market keeps getting larger. In 2025, rental listings website Point2Homes placed the Houston area among the top 10 U.S. metros building the most new homes for rent.

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