Houston Apartment Information

Real Estate Houston apartment rental housing guideBirmingham Ala., and Nashville, Tenn. also reported
494,853 apt rentals, with 13,864 new units added ingains as relocations from Katrina began setting down
2007.roots.
Houstons area apartments in 160 cities/towns, 240While some of these new apartment residents could
different zip codes, 53 public school districts (1,127return home in the next year, analysts believe many
individual schools), 39 Universities & Colleges andwill remain in their new homes. Probably somewhere
41 major areas.around half of the people who spread out to new
Real Estate apartments in Houston are classified aslocations will end up staying in those locations.
either being inside or outside Interstate 610, knownA recent survey by the National Multi-Housing Council
as the 610 Loop which include the Central businessof large apartment owners showed that 42% had
district and cities of West University (West U.),seen "modest" improvement in leasing as these new
Southside Place, and a portion of Bellaire. The outlyingresidents moved from hotels to apartments.Houston
areas of Houston, as well as the rest of Bellaire, thehas four major bayous passing through the city. The
airports and the suburbs and enclaves are outside theBuffalo Bayou, which runs into downtown, the Brays
loop.Bayou, which runs along the Texas Medical Center,
Another ring road, Beltway 8 (also known simply asWhite Oak Bayou runs through the Heights and near
the Beltway), encircles the city another 5 milesnorthwest area and the Sims Bayou in the south of
further out. Yet a third - the Grand Parkway, hasHouston merge in downtown Houston into the
begun construction roughly 10 miles beyond thatHouston Ship Channel. The Ship Channel goes past
around the outer suburbs and currently extends fromGalveston, Texas into the Gulf of Mexico.
Katy to Sugar Land.Houston has four major bayous passing through the
We chronicle all sizes and price ranges, the averagecity. The Buffalo Bayou, which runs into downtown,
monthly Houston rent is $605 making Houston Texasthe Brays Bayou, which runs along the Texas Medical
one of the lowest of the major cites in the country,Center, White Oak Bayou runs through the Heights
by comparison rent in Chicago Illinois $965, Denverand near northwest area and the Sims Bayou in the
Colorado $795, Dallas Texas $695, Ft. Lauderdalesouth of Houston merge in downtown Houston into
$844, Boston Massachusetts $1425, Los Anglesthe Houston Ship Channel. The Ship Channel goes
California $890, San Diego California $1,009, Sanpast Galveston, Texas into the Gulf of Mexico.
Francisco California $2,030. Renters in Houston canMost of Houston is very flat and is about fifty feet
thank Hurricane Katrina for boosting rent. Due in partabove sea level in elevation; the Houston Heights
to the influx of evacuees last fall, Houston'sarea has the highest elevation in the city. The city
apartment occupancy rate jumped almost 5% toonce relied on groundwater for its water needs. Land
94%, and rents climbed 3%.subsidence forced the city to turn to ground-level
The Katrina effectwater sources such as Lake Houston.
Renters in Houston can thank Hurricane Katrina forHouston's climate is often compared to that of Dallas,
boosting their rents. Due in part to the influx ofTexas. Dallas has a hot and dry climate while Houston
evacuees last fall, Houston's apartment occupancyhas a hot and humid climate. While Dallas gets hotter
rate jumped almost 5% to 94%, and rents climbedtemperatures, Houston's heat index is often higher.
3% to an average of $692. Atlanta, Dallas,