The rental market in the Greater Houston area picked up steam in April as more renters signed leases while inventory growth and easing prices gave consumers more choices this spring.
According to the Houston Association of Realtors’ April 2026 Rental Market Update, single-family leased listings totaled 4,335 in April, a 9.7% increase from the 3,953 leases recorded a year earlier.
Inventory continued to expand in April, with new single-family rental listings rising 1.9% year over year to 6,158 properties.
The average lease price eased 2.6% to $2,274 compared to $2,334 in April 2025. Homes also spent more time on the market, with Days on Market rising from 42 to 47 days.
“We’re continuing to see a healthy rental market across Houston,” said HAR Chair Theresa Hill with Compass RE Texas, LLC – Houston. “Renters have more homes to choose from right now, and that’s helping create a little more breathing room when it comes to pricing and decision-making. Heading into the summer months, those conditions should continue to support a steady and competitive market.”
Leasing activity held steady in the townhome and condominium rental market in April. A total of 612 properties were leased compared to 611 a year earlier, while new listings rose 4.3% year over year to 1,075 properties.
The average lease price for townhome and condominium rentals increased 1.3% to $2,020. At the same time, Days on Market rose from 51 to 58 days, indicating renters are taking slightly more time to make decisions as inventory levels improve.
