Apartment Search Tips– Think about what you want before you start your search and it will be a much easier task.
•What can you afford, what do you want to spend on apartment rent monthly - take into consideration electricity, trash, water, pet rent is an additional fee?
( Most apartment communities require your income to equal 3 times the monthly rent, pre-tax/gross )
•What lease term are you able to sign? ( Best price and possible special almost always offered with a 12+ month lease term )
Nov 28, 2016
The average apartment rent across the Bayou City inched up just 1.3 percent year over year to $981 per month (average), according toTranswestern’s
2016 Houston Trendlines report.
Apartment developers and operators areoffering between two and three months of free rent
to entice renters to live in new Class A luxury apartment projects, which were planned when oil prices were above $100 a barrel and Houston was creating more than 100,000 new jobs a year.
Houston apartment rents are down, but not for everyone
Updated 11:59 am, Thursday, September 22, 2016
The glut of new apartments is dragging down average rents in Houston, with rent in August falling the most in six years, a new report showed.
Not everyone is getting relief, however, as renters in suburban markets with concentrations of older complexes saw the highest rent increases, Axiometrics reported.
New Luxury Apartments - California Style Mid Rises with two levels community parking garage.
- Nest Smart Thermostats
- Built-in speakers/sound system with select
- Soft-close drawers
- Top floor Penthouses w/wine chiller & wine rack
- Upgraded stainless-steel appliances
- Vegas resort-style pool w/cabanas & TVs,a
sun-shelf and outdoor grills
- Fitness center & separate yoga and spin room with Matrix equipment, on-demand workout systems andPeloton stationary bikes just like SoulCycle Houston
The biggest draw of thedowntown Houstonarea is proximity to jobs. Houston is America’s fourth largest city, and sprawls in every direction. Dozens of large companies, including Chevron and Shell, are located downtown, and living nearby eliminates an exasperating commute on the city’s frequently crowded highways. This being said, there’s a healthy contingent of people moving downtown for the lifestyle who work in employment clusters elsewhere, with the knowledge that their commute will be in the opposite direction of most others’ and therefore a whole lot quicker.
Did You Know when you lease an apartment in Houston . . . ?
There are fees to apply for an apartment, and every occupant over the age of 18 must also have a background check!
“One Time Fees”
(These fees may be required to be in money order/cashier’s check form, unless credit card/online payments are accepted upfront prior to occupancy).
Examples of Fees:
Application Fee per adult, may be higher for married couple
(Non-refundable fee paid by each applicant for verification of information).
Here's How These Houston School Districts Ranked - The Best Bank For Your Buck!
Katy Independent School District, A+
Friendswood Independent School District, A+
Pearland Independent School District, A+
Clear Creek Independent School District, A+
Humble Independent School District, A
Cypress Fairbanks Independent School District, A
Klein Independent School District, A
Spring Branch Independent School District, A
Tomball Independent School District, A
Fort Bend Independent School District, A
NerdWallet released a new study in early October that lists
the Best Places for Young Families in Texas. NerdWallet used the following
factors for this study: public school excellence, home affordability (Includes apartment
rent affordability) , growth and prosperity.Data was reviewed for 111 places
in Texas; only cities with a population over 25,000 residents were analyzed. Three
Bay Area cities were listed in the Top 15, showing that younger families are
settling in smaller cities. Friendswood rated as #2;
How is Houston's apartment market during the oil slump? The answer depends on whom you ask.
Generally, developers painted a more upbeat picture of Houston’s multifamily market while economists delivered sobering statistics and forecasts for 2016. Here is how Houston’s apartment market is faring, from the view of economists and developers:
"Apartments" have changed - they are no longer the standard garden style apartment for rent with a pool, and a small gym, if you were really lucky! There is a new standard of construction - not just to attract the young professional apartment dweller but to attract anyone that's concerned about our environment, or being health conscious, or that wants to entertain their friends without leaving the apartment and having to go out to a restaurant or entertainment venue!