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

NO SPACE TO WASTE

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.

Photo courtesy of Dolce Midtown Apartments

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

RENT'S DUE

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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Gigantic 50-foot shark's jaw-dropping debut tears into Houston's top stories of the week

this week's hot headlines

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

1. Gigantic 50-foot shark dives into Houston museum for jaw-dropping new showcase of Earth's greatest predator. Visitors can meet these fin-tastic friends via a 360-square-foot virtual “shark tank,” where sharks of all shapes and sizes swim by.

2. Esquire toasts Heights watering hole as only Texas spot on 2023's Best Bars in America list. The bar takes its inspiration from classic dives like Alice's Tall Texan and the Shiloh Club.

3. Houston Livestock Show and Rodeo makes history with election of first female chairman of the board. She takes over for departing chairman Brady Carruth..

4. Houston Tex-Mex institution serves up opening date for long-awaited West University location. It joins sister concept Adair Kitchen in the Kroger-anchored shopping center.

5. This is how big Houston apartments get for $1,500 a month. If you head to neighboring Pasadena, residents get an average of 1,180 square feet of space for the same price.

Meet the gifted chef showcasing authentic, home-grown Greek fare to Houston, plus hottest food news

What's Eric Eating Episode 285

On this week's episode of "What's Eric Eating," chef Mary Cuclis joins CultureMap food editor Eric Sandler to discuss Kriti Kitchen. The Pondicheri veteran opened the family-friendly Greek restaurant in January.

The conversation begins with Cuclis explaining how she entered the world of professional cooking. Prior to opening Kriti Kitchen, she trained at Bo Innovation, a Michelin-starred restaurant in Hong Kong, and spent 10 years working for James Beard Award finalist Anita Jaisinghani at Pondicheri, the acclaimed, Indian-inspired restaurant in Upper Kirby.

At Kriti Kitchen, she honors her Greek heritage by serving dishes she's experienced when visiting family in Greece. Sandler asks her about the ways in which her cooking is different from Houston's other Greek restaurants.

"A lot of the Greek food I found in Houston was very delicious but very much street food. The kind of food I'm wanting to portray is more homestyle, things that I eat with my relatives," she says.

"For example, when you go to a taverna in Crete, a lot of times it's a couple running the whole thing. They invite you back into the kitchen to smell the stew. It's stewed meat and a lot of fresh vegetables with beans and lentils. I don't think too many people see that side of Greek food. I wanted to share a little bit of what I see with my family and what we eat when we're there."

Listen to the full interview to hear Cuclis explain why Kriti Kitchen offers both dine-in options during the day as well as heat-and-serve options that customers can pick up for dinner. She also discusses her goals for the future.

Prior to the interview, Sandler and co-host Rebecca Masson, chef-owner of Fluff Bake Bar, discuss the news of the week. Their topics include: Nobie's owners Martin and Sara Stayer's plans to open a new pizzeria; Roswell's Saloon opening in Montrose; New York City's Lady M establishing a permanent presence in the Galleria; and Masson's experiences during Austin's Hot Luck food festival.

In the restaurants of the week segment, Sandler and Masson share their thoughts about meals at two new Italian restaurants. First, they recount the highs and lows of a meal at Triola's Kitchen. Then, they share first impressions of Bari Ristorante, a new restaurant in River Oaks District that serves classic Italian dishes.

Photo by Ajna Jai

Chef Mary Cuclis is this week's guest.

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Subscribe to "What's Eric Eating" on Apple podcasts, Google Play, or Spotify. Listen to it Saturdays at 2 pm on ESPN 97.5.

Famed luxury shoe brand Jimmy Choo steps into Houston with stylish boutique in first outlet locale

WELL-HEELED

Local favorite Houston Premium Outletshas exciting news for fashion-forward and price-conscious shoppers. The renowned luxury brand Jimmy Choo has recently opened its doors, bringing its signature high-end styles and accessories to Houston.

Shoppers will be delighted to find an extensive range of Jimmy Choo's coveted collection, including trendy shoes, chic bags, stylish eyewear, cute small leather goods, and other must-have accessories.

The luxury footwear brand hit the scene in the 1990s and quickly became a favorite of Princess Diana. Carrie Bradshaw and Sex in the City catapulted the shoe to a household name and the shoes became synonymous with femininity and luxury.

With more than 200 stores worldwide, Jimmy Choo is no stranger to the fashion scene. However, this outlet store marks its first in Houston, making its elevated shopping experience more accessible to a broader array of discerning buyers.

Savvy Houston shoppers will be thrilled to find top-notch designer pieces at prices that won't break the bank. Jimmy Choo joins other luxury brands at Houston Premium Outlets, such as Armani Outlet, Burberry, Tory Burch, Coach, and Cole Haan. It's the perfect excuse to make the journey to Houston Premium Outlets and stock up on summer wardrobe essentials.

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Photo courtesy of Jimmy Choo/Instagram

The Jimmy Choo boutique at Houston Premium Outlets includes shoes, bags, stylish eyewear, small leather goods, and other must-have accessories.

Jimmy Choo; Suite 955, near Armani Outlet; Houston Premium Outlets – (Suite 955, near Armani Outlet); 29300 Hempstead Rd. in Cypress.

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