Market data updated Jul 1, 2026

Texas Average Rent & Rental Yield

Screen Texas rental return signals with average asking rent (median), gross rental yield, home value, and transaction activity. Use this page as a market-level starting point before underwriting individual properties, operators, or borrower prospects.

8.74%
Gross Rental Yield
$2,100
Median Rent
$326,996
Avg Home Value
28.0K
Transactions (30d)

Average rent in Texas

The median asking rent in Texas is $2,100 as of July 2026, based on active rental listings statewide. We report the median — the midpoint of asking rents — because it tracks the typical listing more reliably than a simple average, which luxury and outlier listings can skew.

Against an average home value of $326,996, that rent level prices Texas at a 8.74% gross rental yield. Rent and yield vary widely by metro — use the metro breakdown below to compare individual Texas markets.

Rental yield snapshot for Texas

Gross rental yield is a first-pass market screen. It does not include taxes, insurance, repairs, vacancies, financing, or property-level operating differences. Pair it with observed transaction activity before choosing where to prospect.

$298,000
Median Sale Price
82.0K
Active Listings
35
Avg Days on Market
3.2
Months of Supply
12.80%
Price Reduced
Jul 1, 2026
Market Data Date

Metro market heatmap

Featured metros combine the largest Texas markets by transaction activity with the highest gross-yield markets, so both demand centers and return outliers stay visible in one screen.

Browse Texas investors

Texas metro market heatmap

Each metro tile shows rent, value, transaction context, and a direct path into the Rental Insights workflow.

Under 5.5%5.5% to <6.5%6.5% to <7.5%7.5%+
Metro
Gross Yield
Median Rent
Houston-Pasadena-The Woodlands, TX
TX
9.28%
$2,185
Dallas-Fort Worth-Arlington, TX
TX
8.55%
$2,350
San Antonio-New Braunfels, TX
TX
8.52%
$1,840
Austin-Round Rock-San Marcos, TX
TX
7.15%
$2,275
El Paso, TX
TX
8.74%
$1,700
Mcallen-Edinburg-Mission, TX
TX
9.32%
$1,795
Borger, TX
TX
16.21%
$1,225
Pampa, TX
TX
15.63%
$1,300
Plainview, TX
TX
14.22%
$1,000
Big Spring, TX
TX
14.79%
$1,500
Beeville, TX
TX
13.03%
$1,450
Snyder, TX
TX
16.13%
$1,250

All Texas rental markets

Average rent and rental yield reports for every covered Texas metro (57 markets).

Turn Texas rental signals into a target list

Use yield context to prioritize a market, then move into rental listings, active investors, borrower prospects, or a custom data pull for your team.