Cheapest Neighborhoods in Houston, TX
Some of the cheapest neighborhoods in Houston are Springwood Forest, Greenspoint/IAH Airport, and Glen Oaks. These neighborhoods offer some of the lowest rent prices in Houston, making them ideal for renters on a budget. As of May 29, 2026, the average rent in Houston is $1,185, which is 1.2% 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.
Springwood Forest
Average Rent
$782/Month
Units Available
10 Rentals
If you’re looking for a great, affordable neighborhood in Houston, Springwood Forest might be the perfect place! It has an average rent price of $782, while the city’s average stands at $1,185. Springwood Forest is near Cho Plaza, University of St Thomas, and Houston Baptist University.
Greenspoint/IAH Airport
Average Rent
$786/Month
Year-Over-Year Rent Change
3.1%
Units Available
428 Rentals
Greenspoint/IAH Airport is a top choice for budget-conscious renters for a variety of reasons. The average rent in Greenspoint/IAH Airport is $786 while the city average is $1,185. This is a -3.1% difference from last year. Residents enjoy convenient access to JFK Complex, Mercer Arboretum & Botanic Gardens, and William P Hobby.
Glen Oaks
Average Rent
$798/Month
Units Available
10 Rentals
When you’re looking for a great Houston neighborhood on a budget, check out Glen Oaks. The average rent is $798, compared to the city average of $1,185. Glen Oaks is convenient to Univ. of Houston, Downtown, Lindale Park Nb, and George Bush Intcntl/Houston.
Greater Greenspoint
Average Rent
$813/Month
Year-Over-Year Rent Change
2.5%
Units Available
933 Rentals
Greater Greenspoint is an affordable neighborhood in Houston with an average rent price of $813. Compare this to the city average of $1,185. In the past year, rent prices have decreased by 2.5%. Greater Greenspoint provides easy access to Univ. of Houston, Downtown, Northline Transit Center Hcc Sb, and Houston Community College.
Park Place
Average Rent
$827/Month
Year-Over-Year Rent Change
1.7%
Units Available
34 Rentals
If you’re looking for a great, affordable neighborhood in Houston, Park Place might be the perfect place! It has an average rent price of $827, while the city’s average stands at $1,185. In the last year, prices have increased by 1.7%. Park Place is near Gulfway Plaza, Discovery Green, and Palm Center Transit Center Sb.
Greater Hobby Area
Average Rent
$831/Month
Year-Over-Year Rent Change
0.7%
Units Available
645 Rentals
Greater Hobby Area is a top choice for budget-conscious renters for a variety of reasons. The average rent in Greater Hobby Area is $831 while the city average is $1,185. This is a 0.7% difference from last year. Residents enjoy convenient access to Vimex Center, Uh South University Oaks Sb, and Children's Museum of Houston.
Westwood
Average Rent
$847/Month
Year-Over-Year Rent Change
0.9%
Units Available
175 Rentals
When you’re looking for a great Houston neighborhood on a budget, check out Westwood. The average rent is $847, compared to the city average of $1,185. Rent prices have increased by 0.9%. Westwood is convenient to Houston Baptist University, Arthur Storey Park, and Dryden/Tmc Stn Sb.
Chinatown
Average Rent
$861/Month
Units Available
126 Rentals
Chinatown is an affordable neighborhood in Houston with an average rent price of $861. Compare this to the city average of $1,185. In the past year, rent prices have decreased by 0%. Chinatown provides easy access to Smith Lands Stn Sb, Nature Discovery Center, and Reliant Park.
Edgebrook
Average Rent
$878/Month
Year-Over-Year Rent Change
0.7%
Units Available
227 Rentals
If you’re looking for a great, affordable neighborhood in Houston, Edgebrook might be the perfect place! It has an average rent price of $878, while the city’s average stands at $1,185. In the last year, prices have increased by 0.7%. Edgebrook is near Macgregor Park Mlk Sb, Cesar Chavez / 67Th St Eb, and Armand Bayou Nature Center.
Pecan Park
Average Rent
$888/Month
Year-Over-Year Rent Change
2.8%
Units Available
74 Rentals
Pecan Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Pecan Park is $888 while the city average is $1,185. This is a -2.8% difference from last year. Residents enjoy convenient access to William P Hobby, Cockrell Butterfly Center, and Office City Shopping Center.
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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.