Cheapest Neighborhoods in Houston, TX
Some of the cheapest neighborhoods in Houston are Greenspoint/IAH Airport, Greater Greenspoint, and Park Place. These neighborhoods offer some of the lowest rent prices in Houston, making them ideal for renters on a budget. As of July 15, 2026, the average rent in Houston is $1,183, which is 0.7% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Greenspoint/IAH Airport
Average Rent
$790/Month
Year-Over-Year Rent Change
2.5%
Units Available
408 Rentals
If you’re looking for a great, affordable neighborhood in Houston, Greenspoint/IAH Airport might be the perfect place! It has an average rent price of $790, while the city’s average stands at $1,183. In the last year, prices have increased by 2.5%. Greenspoint/IAH Airport is near Melbourne North Lindale Sb, George Bush Intcntl/Houston, and Cavalcade Sb.
Greater Greenspoint
Average Rent
$815/Month
Year-Over-Year Rent Change
3.2%
Units Available
964 Rentals
Greater Greenspoint is a top choice for budget-conscious renters for a variety of reasons. The average rent in Greater Greenspoint is $815 while the city average is $1,183. This is a -3.2% difference from last year. Residents enjoy convenient access to Fallen Warriors Memorial, Melbourne North Lindale Sb, and Jesse H. Jones Park & Nature Center.
Park Place
Average Rent
$817/Month
Year-Over-Year Rent Change
0.8%
Units Available
39 Rentals
When you’re looking for a great Houston neighborhood on a budget, check out Park Place. The average rent is $817, compared to the city average of $1,183. Rent prices have increased by 0.8%. Park Place is convenient to William P Hobby, Cesar Chavez / 67Th St Wb, and Palm Center Transit Center Sb.
Chinatown
Average Rent
$842/Month
Year-Over-Year Rent Change
1.4%
Units Available
125 Rentals
Chinatown is an affordable neighborhood in Houston with an average rent price of $842. Compare this to the city average of $1,183. In the past year, rent prices have decreased by 1.4%. Chinatown provides easy access to Rice University, Diho Plaza Shopping Center, and George Bush Intcntl/Houston.
Greater Hobby Area
Average Rent
$846/Month
Year-Over-Year Rent Change
0.7%
Units Available
686 Rentals
If you’re looking for a great, affordable neighborhood in Houston, Greater Hobby Area might be the perfect place! It has an average rent price of $846, while the city’s average stands at $1,183. In the last year, prices have decreased by 0.7%. Greater Hobby Area is near Uh South University Oaks Sb, Hermann Park, and William P Hobby.
Pecan Park
Average Rent
$847/Month
Year-Over-Year Rent Change
2.3%
Units Available
67 Rentals
Pecan Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Pecan Park is $847 while the city average is $1,183. This is a -2.3% difference from last year. Residents enjoy convenient access to University of Houston, Discovery Green, and Houston Community College.
Westwood
Average Rent
$858/Month
Year-Over-Year Rent Change
1.7%
Units Available
177 Rentals
When you’re looking for a great Houston neighborhood on a budget, check out Westwood. The average rent is $858, compared to the city average of $1,183. Rent prices have increased by 1.7%. Westwood is convenient to Arthur Storey Park, The Art Institute of Houston, and George Bush Intcntl/Houston.
Braeburn
Average Rent
$870/Month
Year-Over-Year Rent Change
0.7%
Units Available
165 Rentals
Braeburn is an affordable neighborhood in Houston with an average rent price of $870. Compare this to the city average of $1,183. In the past year, rent prices have increased by 0.7%. Braeburn provides easy access to Nature Discovery Center, Kingsgate Center, and Fondren Shopping Center.
Trinity-Houston Gardens
Average Rent
$876/Month
Year-Over-Year Rent Change
0.5%
Units Available
10 Rentals
If you’re looking for a great, affordable neighborhood in Houston, Trinity-Houston Gardens might be the perfect place! It has an average rent price of $876, while the city’s average stands at $1,183. In the last year, prices have increased by 0.5%. Trinity-Houston Gardens is near George Bush Intcntl/Houston, Melbourne North Lindale Sb, and University of Houston.
Sharpstown
Average Rent
$884/Month
Year-Over-Year Rent Change
3.6%
Units Available
544 Rentals
Sharpstown is a top choice for budget-conscious renters for a variety of reasons. The average rent in Sharpstown is $884 while the city average is $1,183. This is a -3.6% difference from last year. Residents enjoy convenient access to 7710 Bellaire Blvd, Club Creek Park and Vietnam Veterans Memorial, and Reliant Park.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.