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Zumper: Rents up in Houston

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Median rents for both one- and two-bedroom apartments across the nation grew by 0.3 percent in February, according to a report by online rental listing service Zumper.

The bump in rents put the median cost of a one-bedroom apartment at $1,220 and of a two-bedroom apartment at $1,464.

Year-over-year, the median price of a one-bedroom apartment was flat, while two-bedroom apartments were up 0.7 percent.

Rents in Houston jumped substantially in February, growing a median 3.9 percent to $1,070, and pushing it up one spot in the ranking to become the 47th most expensive city to rent in. Two-bedroom apartments were up 4 percent to $1,310.

Year-over-year, the median rent was down 7 percent for one-bedroom apartments and 7.1 percent for two-bedrooms.

 

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