Last updated
Average Rent in Houston 77005 & Rent Trends
Rent prices and market trends across 2 apartment communities in Houston 77005, Houston TX. Updated daily.
Market Average
$2,473/mo
▲ +4.5% from last month
Lowest Available
$1,652/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
14
available now
Houston 77005 vs Houston TX Average
Houston 77005 is more expensive the Houston TX average by $234/mo (10%). The citywide average is $2,239/mo across all neighborhoods.
Is Rent Going Up or Down in Houston 77005?
As of May 2026, the average rent in Houston 77005 is $2,473 per month across 2 apartment communities and 14 available units. Rents have increased $113 (4.5%) over the past month.
The most affordable option is Avenue Grove starting at $1,652/mo. By unit type, a studio averages $2,473/mo.
Prices range from $1,652 to $4,154 per month. The most common price point is the $1,800 range, where 5 units are currently listed.
Houston 77005 Rent Price History
Rent Price Distribution
Rent by Bedroom Type in Houston 77005
Rent Prices by Apartment in Houston 77005
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Avenue Grove | $1,652/mo | $1,790/mo | 4 | 4.3 |
| Hanover Rice Village | $1,925/mo | $2,746/mo | 10 | 4.9 |
Google Search Trends for Houston 77005 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Houston 77005
What is the average rent in Houston 77005?
Is rent going up or down in Houston 77005?
What is the cheapest apartment in Houston 77005?
How many apartments are available in Houston 77005?
What salary do I need to live comfortably in Houston 77005?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$99,000/year
30 percent rule -- using our average rent of $2,473/mo.
Comfortable income
$119,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,652/mo), you need to earn at least $66,000/year.
Median household income in Houston 77005 is $62,894 , about 47% below the comfortable-living threshold.
Cost of living in Houston 77005
Overall prices in Houston 77005 matches the national average by about 0% (BEA Regional Price Parity index 99.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Houston 77005's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,473 |
| Utilities | $457 |
| Groceries | $549 |
| Transportation | $1,089 |
| Healthcare | $531 |
| Other goods and services | $850 |
| Estimated total | $5,950/mo |
Population
2,300,419
Median household income
$62,894
Census median rent
$1,313/mo
Rent as % of income
31.6%
Median age
34.3
Mean commute
27 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Houston 77005 Apartments
Browse all 2 communities with daily-updated pricing and availability.