02/19/2025
By analyzing median apartment rent prices to median household incomes in 2024, Redfin found that Houston ranks second in the nation for rent affordability.
Houston residents need to earn an income of $49,560 to be able to afford the typical apartment rent. This compares to the 63,680 the average American requires elsewhere in the United States.
Greater affordability means higher occupancy rates, consistent demand, and higher chances of long-term tenants and makes Houston a great place to start or grow your investment portfolio or do the BRRRR strategy!
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