Houston’s single-family rental homes saw an 6.8% increase in leased properties compared to last February, according to the Houston Association of Realtors’ February Rental Market Update released March 18.
By the numbers
Alongside the higher number of leased single-family homes, the average lease price declined by 0.6% compared to last year. The number of days on market for homes, however, increased, jumping to 50 days compared to 44 days last year, per the report.
The townhome and condominium market saw some movement this past month as well. There were 569 properties listed, representing a 4.2% increase from the 546 units last February. The lease price also dropped by 3.6%, and the days on market increased to 56 days, up from 52 the previous February, per the report.
By Cole Gee
Cole joined Community Impact in 2025 as the general assignment reporter for the Tomball/Magnolia and Conroe/Montgomery areas. Before joining CI, Cole worked for many different news organizations, including KWBU News, The Houston Defender, and his alma mater’s student newspaper, The Baylor Lariat. When not reporting on local school board meetings and community events, you can find him at a Rockets, Astros or Texans game, listening to music, reading comic books or enjoying a nice workout at his boxing gym.