Rental Market Update
A comprehensive overview of monthly rental statistics for the Greater Houston area.
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Send emailHOUSTON RENTAL DEMAND SHINES IN MAY
HOUSTON — (June 17, 2026) — The Houston rental market remained strong in May as renters took advantage of stable prices and a growing selection of available homes. Leasing activity increased across the region, signaling continued demand heading into the peak summer moving season.
According to the Houston Association of Realtors’ May 2026 Rental Market Update, single-family leased listings totaled 4,849 in May, which is a 5.2% increase from the 4,608 leases recorded last year.
The average lease price for a single-family home was $2,346, virtually unchanged from May 2025, while Days on Market increased slightly from 39 to 42 days.
“In today's economy, many consumers are taking a more measured approach to major financial decisions, and renting remains an attractive option for some households,” said HAR Chair Theresa Hill with Compass RE Texas, LLC - Houston. “For those choosing to rent, a growing supply of available homes is providing more choices and helping keep rental prices relatively stable.”
The townhome and condominium rental segment also posted gains in May as leased listings rose 8.2% year over year to 749 properties. The average lease price increased 0.5% to $2,007, while Days on Market increased from 46 to 53 days.
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