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What was the average rent in 2009?

What was the average rent in 2009?

The nationwide average monthly rent is $1,164. The median rent is $1,104. 78.1% of renters pay rent in full and on time. 28.4% is their average rent-to-income ratio….Average Rent by Year.

Year Median Monthly Rent Annual Change
2010 $810 +0.25%
2009 $808 +3.19%
2008 $783 +3.71%
2007 $755 +5.01%

What is the average cost of living in Houston Texas?

Houston cost of living is 96.5

COST OF LIVING Houston Texas
Grocery 98.1 93.7
Health 92.4 95.4
Housing 80.2 84.3
Median Home Cost $185,500 $195,000

What percentage of people rent in Houston?

Renter Fraction in Houston Texas This measure looks at the number of renting households in Houston as a fraction of total Houston households. In 2019 39.92% of households were renters according to Census ACS data.

Is rent in Houston expensive?

As of November 2018, the average monthly cost to rent an apartment in Houston was only $1,082. The average cost for a one-bedroom space was $967. Houston is also cheaper than Seattle, where the average apartment costs more than $2000 per month.

How much does it cost to rent an apartment in Houston?

As of November 2018, the average monthly cost to rent an apartment in Houston was only $1,082. The average cost for a one-bedroom space was $967. If you want to upgrade to a two-bedroom apartment, expect to pay an average of $1,205.

What is the rental vacancy rate in Houston Texas?

The rental vacancy rate is the fraction of homes for rent that are not occupied. In 2017 the rental vacancy rate for Houston Texas was 9.73% according to Census ACS data.

How much does it cost to live in Houston Texas?

Prices in Houston Four-person family monthly costs: 3,075.62$ without rent (using our estimator). A single person monthly costs: 866.24$ without rent. Cost of living index in Houston is 33.87% lower than in New York. Rent in Houston is, in average, 56.40% lower than in New York. Cost of living rank 112th out of 464 cities in the world.

When does rent data come out for Houston?

The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 Houston median and average rent data will be released in September of 2021.