Renters in the Greater Houston area continued to benefit from a stable rental market in August. More homes were leased while rent prices remained virtually unchanged from a year earlier.
According to the Houston Association of Realtors’ August 2026 Rental Market Update, leased listings of single-family homes totaled 4,805, up 4.7% year over year.
A healthy level of active listings helped keep pricing steady. The average lease price for a single-family home was $2,412, nearly flat compared to $2,414 in August 2025. Homes took 36 days to lease, one day longer than last year.
“The rental market remained well-balanced in August,” said HAR Chair Theresa Hill with Compass RE Texas, LLC – Houston. “Having more choices at stable price points helps renters focus on finding a home that meets their needs. As we move into the fall, renters should continue to find a market that offers both opportunity and flexibility.”
Renters considering townhomes and condominiums had more options in August. New listings rose 1.9% year over year to 1,228 units, and active listings increased 9.0% to 2,304, giving renters more options in this segment of the market. Leased listings totaled 717 properties, down 2.7% from August 2025.
Townhome and condominium lease prices moved higher, with the average lease price rising 2.4% to $2,014. Properties also leased slightly faster, with Days on Market improving from 48 to 45 days.
