Top 5 Texas Cities For Renters
Renting a home can come with lots of challenges, so if you’re looking for a new city to rent in, you might wonder which cities are the best choices for renters. In this article, we’re going to look at the top cities for renters in Texas so that you’re prepared when you sign a Texas residential lease agreement.
Learn more about renting in these Texas cities below.
Round Rock, TX
Round Rock, known as the ‘Sports Capital of Texas,’ is considered one of the most coveted spots for renters in the state. While the price for renting may be slightly higher than the national average, around 6% higher, food, healthcare, transportation, and goods and services all come in much lower than the national average. This means that while you will pay more for your accommodation in the city, everything else will be much cheaper.
The average monthly rental amount for a 1-bedroom apartment in Round Rock is $1,336 per month. The most affordable parts of the city are considered to be Downtown Round Rock and Brushy Creek.
Austin, TX
Austin is by no means a cheap city to live in. In fact, the cost of living is 10% higher than the state average and 1% higher than the national average; living in Austin isn’t all about price. When you choose to rent in Austin, you will have access to a range of amenities as well as a wealth of cultural attractions and options for music and art lovers.
The average monthly rental price for a 1-bedroom apartment in Austin is $1,295 per month. However, this price can vary dramatically depending on where you choose to live in Austin. For example, the same apartment in Downtown Austin would cost an average of $2,726 per month, but in Old West Austin, it would cost you $1,352 per month.
Dallas, TX
Dallas is a hub of evolution and business. It is actually home to 11 Fortune 500 companies, making it a brilliant place if you’re looking for new career opportunities. As with Austin, Dallas has a higher cost of living than the rest of the state. In fact, the cost of living in Dallas is 11% higher than the state average and 3% higher than the national average.
On the other hand, you’ll never be bored in Dallas. As with other large cities in Texas, it offers a wide range of cultural activities, including nature, science, history, and art attractions.
The average monthly price of a 1-bedroom apartment in Dallas is $1,471 per month. However, as with Austin, this average varies massively, depending on where in Dallas you choose to live. While the same apartment in Uptown Dallas will cost a staggering $2,109 per month, in Cedar Crest, you would only pay $924 per month.
Houston, TX
Houston is a fantastic choice for those interested in science. Home of the Houston Space Center and other cultural attractions, Houston is a global city right here in Texas.
Unlike the other large cities in Texas, the cost of living isn’t much higher than the state average, at only 1% higher. And the overall cost of living is 7% lower than the national average. Food, healthcare, transportation, and goods and services are all lower than the national average, meaning that even if renting can be expensive in larger cities, the actual costs of living will be cheaper than in other cities around the country.
If you’re in the market for a 1-bedroom apartment in Houston, the average monthly rental amount is $1,143 per month. As with other cities in this list, you will find variance in this average depending on where in Houston you want to live. While a 1-bedroom apartment in Westchase will set you back $1,111 per month, the same apartment in Clear Lake could cost around $1,472. Unlike the other cities in this list, the variation is not quite as drastic.
Fort Worth, TX
Fort Worth is a modern city with a rich history. If you’re looking to dive into the history of the Old West, you can get in touch with the cowboy spirit at countless attractions in the city, including the National Cowgirl Museum and Hall of Fame.
As the fifth-largest city in Texas and the 13th-largest in the US, Fort Worth is a good place for relocation as young professionals and families.
The cost of living is just 3% higher than the state average and 5% lower than the national average. Buying and renting in the city is 2% higher than the state average but a huge 14% lower than the national average.
A 1-bedroom apartment in Fort Worth costs an average monthly price of $1,214. The most affordable parts of the city include Woodhaven and East Fort Worth, where a 1-bedroom apartment would set you back $974 and $1,123 per month, respectively. On the more expensive end, a 1-bedroom apartment in Blue Mound would cost an average of $1,514 per month.
Final Thoughts
Living in Texas can be a brilliant move for renters. Even the larger cities have relatively low costs of living, meaning you will reap the benefits of living in a large city without having to pay extortionate rental prices.
There are countless other affordable and attractive cities to consider in Texas, so make sure to review all your choices before you make the change.