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Houston rent prices jump almost 11 percent from 2022, report finds

RENT'S DUE

Photo courtesy of Dolce Midtown Apartments

Apartment rent keeps going up in Texas, and in Houston the increase is nearly 11 percent more than last year, making it increasingly difficult to afford living in the city. That’s according to a new national rent report from online rental marketplace Zumper.

Despite rent increases showing a small slowdown month-over-month, overall prices are still on the high side from the previous year. For example, the average rent for a two-bedroom apartment in Houston is $1,650 now, in March of 2023, which is a .60 percent increase from the previous month, but a nearly 11 percent increase from 2022 at 10.7 percent. The average rent for a one-bedroom is $1,350, which is a mere 3.1 percent increase month-over-month, but also a whopping 10.7 percent increase from last year.

The report looked at rental data from more than one million active listings in the top 100 cities in the United States to determine the rankings. Zumper ranked Houston the No. 51 most expensive rental market across the nation in February of 2023, up one place from the last report.

The report attributes these recent rental increase trends to the nation's rising inflation rate and unpredictable economy. Though unemployment is low (less than 3.4 percent), potential homebuyers are being sidelined with increasing interest rates. This is causing more competition among renters all over the country.

“Many markets continue to either normalize or correct following the steep increases in rent seen in 2021 [and 2022] in the zero interest rate [and] QE environment we went through,” said Zumper CEO Anthemos Georgiades in the report. “With interest rates expected to rise further in 2023, we anticipate continued deceleration in rent rises as new household formation freezes or is at least postponed.”

Just four places down the list from Houston is Fort Worth, coming in as the No. 55 most expensive rental market, which is a five-place increase from a previous report. Average rent for a one-bedroom apartment increased over the last month, at $1,300, and is still 7.4 percent higher than it was last year. Two-bedroom apartments saw a much smaller year-over-year increase at 3.2 percent, with the average rent price at $1,600.

Five cities in the DFW metro area also made the list, as well as Austin (No. 25) and El Paso (No. 95). Most notably, Irving (No. 34) is experiencing a nearly 15 percent year-over-year rent increase for both one- and two-bedroom apartments.

The nine total Texas cities that made the list include:

  • No. 25 – Austin
  • No. 34 – Irving
  • No. 36 – Dallas
  • No. 40 – Plano
  • No. 51 – Houston
  • No. 55 – Fort Worth
  • No. 66 – San Antonio
  • No. 67 – Arlington
  • No. 95 – El Paso

The full data from Zumper’s National Rent Report can be found at zumper.com.

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Legendary Houston writer's passing, Katy restaurant boom, and spacey new Montrose bar lead week's top stories

this week's hot headlines

Editor's note: It's time to recap the top stories on CultureMap from this past week.

1. Booming Katy development adds 5 grand new restaurants serving boba, Korean BBQ, giant pizzas, and more. They’ll join a number of destination-worthy tenants including hot pot restaurant HaiDiLao and dim sum favorite Tim Ho Wan.

2. 3 Houston-area counties among the top 10 most expensive to live in Texas, report says. Since these are also some of the state's wealthiest counties, it's also easier to pay those bills.

3. Farewell to John Nova Lomax: Remembering a wise and witty wordsmith and consummate Houstonian. Born to spin a yarn, Lomax deftly and superbly chronicled the weird gumbo that is life in Houston.

4. Dynamic duo behind Nobie's and Toasted Coconut bake up new tavern-style pizza restaurant in Montrose. The pizzeria will serve the Midwestern-style tavern pizza that’s popular in Chicago, the city where the couple met.

Roswell's Saloon HoustonSpace cowgirls and cowboys are welcome at Roswell's Saloon. Photo by Becca Wright

5. Spacey new bar and cosmic cocktail spot from Burger Joint owner blasts off in Montrose. Since all of the lighting is either blacklight or neon, Bermudez made sure all of the floors, walls, and bartops are UV-reactive.

Houston Livestock Show and Rodeo makes history with election of first female chairman of the board

pat saddles up

In 2022, the Houston Livestock Show and Rodeo made history by making local rap icon Bun B the first Black headliner from Houston. Now, the venerable institution has made history again with the appointment of its first female chairman of the board.

Pat Mann Phillips, a rodeo life member since 2001, will begin her three-year tenure as chairman of the board starting with the 2024 Rodeo, according to an announcement. She takes over for departing chairman Brady Carruth.

“As the newly elected Chairman of the Board, I am humbled and honored to lead the Houston Livestock Show and Rodeo and our amazing team of dedicated volunteers,” Phillips tells CultureMap. "Together, we embark on a transformative endeavor to propel our organization to its fullest potential. By breaking new ground and pushing boundaries, we will elevate the rodeo experience to unprecedented heights, capturing the essence of our vibrant community and its unwavering spirit.”

Her first objective, according to the rodeo, will be to collaborate with the executive committee to lead the Rodeo, focusing on its core mission of promoting agriculture and supporting Texas youth and education.

Heralded by peers and staff for her high-energy, positive, genuine, compassionate, and humble nature, Phillips has served on myriad rodeo committees, various committees, including the Corral Club – Suites, Directions & Assistance, Jr. Rodeo, and Special Children's committees.

She was elected to the board of directors in 2012 and rodeo vice president from 2016 to 2018. During her tenure, she oversaw the Transportation, Magazine, Special Children's, Agricultural Education (formerly Ladies' Go Texan), Souvenir Program, and Communications & Special Services committees. She joined the rodeos executive committee in 2018.

Consummately Houston and rodeo, Phillips holds a BBA in Petroleum Land Management and a BBA in Finance from Texas Tech University and boasts more than 30 years of experience in the energy industry. She is currently the executive director of Energy Services for Revenade, a global management consulting firm.

Rodeo is a family affair: She and her husband, Tim Phillips have contributed financially through auction buying groups, season tickets, and donations to the Rodeo's Educational Fund. Tim Phillips, a former chair of the Jr. Rodeo Committee, continues to serve on the Special Children's Committee, per the rodeo.

Pat and Tim Phillips also walk the walk: they own Trinity Spirit Ranch in Field Store, Texas and manage their family ranch in Johnson County, Texas. Pat is also a charter member of Texas Women Venture Fund and a member and former director of Ladies of Texas Tradition, per her bio. She is a mentor and board member in organizations including Amigas Para Niños and the American Association of Professional Landmen.

“Our rich traditions serve as the cornerstone of our mission, and it is my hope that through our collective efforts, we not only preserve these traditions but also ignite a flame of inspiration within others,” Par Phillips says. “I am thrilled to saddle up for this exhilarating journey ahead. Together, we will leave a lasting legacy, inspiring generations to come and making a profound difference in the lives of those we touch.”

Gigantic 50-foot shark dives into Houston museum for jaw-dropping new showcase of Earth's greatest predator

jaw-dropping jaws

By the numbers, the great white shark is one of the most fearsome predators to ever exist on planet Earth. Consider:

Sharks! The Meg, The Monsters & The Myths HMNS

Photo courtesy of Houston Museum of Natural Science

Yes, this is actually scale.

  • The largest great white ever recorded spanned 20 feet – half the size of a school bus — and weighed at least 5,000 pounds.
  • At any given moment, great whites possess 300 teeth — measuring up to 6.6 inches — and can regenerate and replace up to 20,000 in a lifetime.
  • Swimming up to 35 miles per hour, a great white can launch itself out of the water like a missile.

But those stats are child's play to the great white's prehistoric predecessor, the megalodon (which literally means "big tooth"), which grew to 65 feet long. Known by scientists and fans as the "Meg," the massive monster will star in Houston Museum of Natural Science's new exhibit Sharks! The Meg, The Monsters & The Myths.

The immersive shark fest opens Friday, May 26 to members and Saturday, May 27 to the general public. Tickets are available online.

Dive into the shark tank

Meant to educate and inspire awe and curiosity rather than hysteria, the new exhibition features six galleries that include live shark tank, 14 life-sized models, interactive and touchable items, dazzling digital displays, fun photo ops, and meg-sized chunks of information about the ocean's apex predators.

Visitors can meet these fin-tastic friends via a 360-square-foot virtual “shark tank,” where sharks of all shapes and sizes (there are eight different orders and more than 500 species) swim by, showing off their sleek shapes, bioluminescence, and grace.

Meet the monster Meg

A giant, life-sized, 50-foot model of a female megalodon — in full swim pose and jaws that easily down an entire refrigerator or a few humans — wide open in a toothy grin. The megalodon's sheer mass compared to humans, its color (gray to reflect the sea wall with a "great white" belly) will be on display for photos and wow moments.

Another gallery takes viewers back more than 400 million years to the earliest sharks and fossilized shark teeth. Each visitor can select a fossilized tooth dating back to the Miocene era to keep as part of the journey.

Some gentle bamboo and epaulette sharks will join stingrays (cousins of sharks), sea urchins, and a host of other sea dwellers in an easily viewable tank, which will offer an up-close-and-personal perspective as to why these creatures are so essential to the ecosystem.

No excursion would be complete without swag, and this one offers up toys, puzzles, t-shirts, magnets, and more at the Island Store, which also houses megalodon teeth, fossilized coral, and a 100,000-year-old giant fossil clamshell.

Fans of these finned friends

While they have survived every mass extinction event in the past 450 million years and have ruled their water kingdom for some 300,000 years, sharks are now in peril by the worst predator of all: humans. Spurred by bloodlust after the release of the 1975 epic film and novel Jaws and other sensational pop culture vehicles, an average of 100 million sharks are killed by humans each year.

Whether for sport, shark fin soup (where fins are cut off while the shark is cast back still alive and left to drown), scientists worry that this decimation could mean the end for many of these astounding creatures. '

“Sharks are remarkably diverse and efficient predators but are more threatened than threatening. In fact, over one-third of shark species are now facing the threat of extinction,” said Nicole Temple, the exhibit curator. “With this exhibition, we hope that our guests are able to explore the misconceptions, mysteries, and mystique of sharks to help pave the way for conservation efforts, as well as explore their unique adaptations and behaviors that continue to inspire scientific innovation around the world.”

“Sharks are critical to maintaining the health of our oceans, which are a huge carbon sink for the planet,” Temple adds. “Really, sharks help keep us alive.”

Consider this a chance to visit to a monstrous meg, snap a selfie, and say thanks.

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Sharks! The Meg, The Monsters & The Myths opens Friday, May 26 (members) and Saturday, May 27 (general public) at Houston Museum of Natural Science, 5555 Hermann Park Dr. For tickets and more information, visit HMNS online.

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