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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.

    rentrent pricesreportsapartmentshoustonpasadena
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    millennial magnet

    Houston stars among 30 hottest U.S. metros for millennial homebuyers

    Amber Heckler
    Jul 20, 2026 | 1:30 pm
    Houston neighborhood
    Photo by Jose Losada on Unsplash
    Houston is a millennial magnet.

    Houston and its surrounding cities have already proved to be magnets for millennials, and now a new national housing report has established the city as one of the 15 hottest destinations for millennials, whose local homeownership rate has nearly doubled since 2018.

    The number of millennials who own their homes in Houston has grown from 227,365 to 418,698 households over the last five years (84.2 percent), according to a new housing analysis from RentCafe.

    The study compared homeowner growth rates versus renter growth rates of millennials — based on Pew Research Center's definition as individuals born between 1981 and 1996 — across 107 U.S. metro areas from 2018 to 2023.

    Houston ranked No. 29 in the overall list of U.S. metros that have seen the highest increase in millennial homeowners since 2018. About 49 percent of all Houston-area millennials own their homes, with the remaining 51 percent renting, the report found.

    Houston also ranked 22nd in the national list of cities with the biggest growth rates among millennial-age renters. The number of millennial renter households jumped from 397,410 to 439,371 in five years, a 10.6 percent hike.

    About 5.3 million millennials have become homeowners over the last five years nationwide, RentCafe's analysts said, which represents a massive 74 percent increase in millennial-owned households. The growth rate of renters was much lower in comparison.

    "At the same time, the number of millennial renters in the U.S. rose by a modest 5 percent, adding approximately 600,000 households," RentCafe said. "This brings the total number of millennial homeowner households to 12.4 million, close to the 12.6 million millennial renter households."

    While the rate of millennial homeowners is on the rise, the same can't be said for Gen Zers. Less than 15 percent of all Gen Z households in Houston own their homes, while the vast majority are renters, a separate RentCafe study found.

    Elsewhere across the state, Austin (No. 7) and San Antonio (No. 10) ranked among the top 10 U.S. cities with the biggest growth rates among millennial homeowners.

    The top 10 U.S. metros with the highest gains in millennial homeowners are:

    • No. 1 – North Port, Florida
    • No. 2 – Lakeland, Florida
    • No. 3 – Jacksonville, Florida
    • No. 4 – Stockton, California
    • No. 5 – Oxnard, California
    • No. 6 – Palm Bay, Florida
    • No. 7 – Austin, Texas
    • No. 8 – Tuscon, Arizona
    • No. 9 – Deltona, Florida
    • No. 10 – San Antonio, Texas
    rentcafestudyreal estatehousing reportmillennialshouston
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