More renters in Greater Houston signed leases in April as available listings increased slightly and prices dipped, according to a May 20 report from the Houston Association of Realtors.
Breaking it down
The number of rentable single-family homes in the Houston area expanded by about 1.9% compared to April 2025, with 113 more new listings to choose from, according to the monthly rental market update. Additionally, the number of signed leases increased by about 9.7%.
As for average lease prices, costs eased slightly by about 2.6% compared to last April, with the average lease price totaling $2,274 in 2026, the report shows.
Another detail
The number of new listings for townhomes and condominiums rose 4.3% from 1,031 properties in April 2025 to 1,075 in April 2026, but leasing activity for that market held steady over the past year, according to the data.
Additionally, the average lease price for condos and townhomes in Greater Houston increased slightly from $1,995 to $2,020 per month, with properties staying on the market seven days longer on average compared to the same time last year.
Quote of note
“We’re continuing to see a healthy rental market across Houston,” HAR Chair Theresa Hill said in a statement. “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 rental market.”