HoustonLuxuryApartments.com by MK
Houston Luxury Apartments and High Rises
As of June 2018, the average apartment rent in Downtown Houston is $1,628 for a studio, $2,026 for one bedroom, $3,499 for two bedrooms, and $4,333 for three bedrooms. Apartment rent in Downtown Houston has increased by 3.8% in the past year.
| Beds | Avg Sq Ft | Avg Rent |
|---|---|---|
| Studio | 636 | $1,628 |
| 1 BR | 831 | $2,026 |
| 2 BR | 1,445 | $3,499 |
| 3 BR | 1,855 | $4,333 |
Data from Apartments.com
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Eight of the 15 cities or towns with the largest population gains were located in the South in 2017, with three of the top five in Texas, according to new population estimates released today by the U.S. Census Bureau.
“San Antonio, Texas, tops the list with the largest population gain with an increase of over 24,200 people – an average of 66 people per day between 2016 and 2017,” said Amel Toukabri, a demographer in the Population Division of the Census Bureau. “That’s a growth rate of 1.6 percent. This growth was enough to push San Antonio’s population above the 1.5 million mark.”
Regarding percentage change in population, 10 of the 15 fastest-growing large cities were located in the South, with seven in Texas. Between 2016 and 2017, Frisco, Texas (near Dallas), was the fastest-growing large city (population of 50,000 or more) at 8.2 percent, making its growth rate more than 11 times faster than the nation’s growth rate of 0.7 percent. See below for some of the other fastest-growing large cities.
Houston city population growth
Based on U.S. Census Bureau population estimates
For the full story check out Census Bureau Reveals Fastest-Growing Large Cities
Austin, Texas has the smallest share of millennials living at home with their mom, at 14 percent. Renters in Austin can expect to put less than 30 percent of their income toward a rental payment. Other markets with a small percentage of millennials living with Mom include Seattle, Denver and Oklahoma City.
More millennials age 24-36 live with their moms than at any time in the past decade. Nearly a quarter of U.S. millennials are living at home with their mom, which translates to about 12 million young adults nationwide.
The combination of rapidly rising rents and slow income growth over the past half-decade drove many young adults to either move back in or never move out of their parents’ home.
Living with parents may allow young adults to pursue work or a passion that may not be especially lucrative, or save enough money for first and last month’s rent or a down payment on a home of their own.
Another reason might be that millennials are wanting to enjoy life more and spend their money on travels and entertainment. They see how hard their parents worked and want to make sure they get the most out of life while they are young and can enjoy it.
The median rent in the U.S. is $1,447 per month, up almost 3 percent over the past year.
Click here to read the entire release.
By Fauzeya Rahman Reporter, Houston Business Journal
A new high-rise downtown apartment building boasting close-up views of Minute Maid Park has officially opened, just in time for the start of the regular baseball season. Catalyst, a 359-unit, 28-story high-rise, marks its debut April 5 and is less than 30 percent occupied, according to leasing manager Brandy Vogel. The apartment complex sits on a city block bounded by Texas Avenue, Austin street, Prairie Street and La Branch Street. It’s the second Catalyst apartment project for Illinois-based multifamily developer Marquette Cos., the first is in Chicago.
The apartment complex sits on a city block bounded by Texas Avenue, Austin street, Prairie Street and La Branch Street. It’s the second Catalyst apartment project for Illinois-based multifamily developer Marquette Cos., the first is in Chicago. Marquette received a Downtown Living Initiative grant equal to about $5.4 million from the city. The program gave $15,000 per unit in tax rebates to downtown developers. In 2017, 1,448 residential units were built, according to the Houston Downtown Management District.
Catalyst features more than two dozen floor plans, ranging in size from a little above 600 square feet to close to 2,000 square feet. Rents start around $1,600 per month, with some floor plans receiving two or three months free rent, Vogel said.
To see the full article go Houston Business Journal here.
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Hurry in to get $1000 at West 18th Apartments. Call us with the latest details or to book your appointment.
We are also offering $200 rebate when you lease here!
*Restrictions apply, prices and special subject to change. Applicant must lease before 4/30/17.
As of 2/27/2017, here is a list of Brand New Apartment Construction for 2017. Some apartments are complete and more will be added to this list. If you would like further information such as prices, floor plans, or specials please contact one of our agents or request to be on our emailing list for updated brand new apartments being built in 2017.
Park 919 Gillette, Houston, TX 77019
Call 713-504-5425 for more information, availability and specials. Map#:493K
1Bed:$1,410-2,315 2Bed:$2,015-2,615
Special:1 month free prorated or upfront w/12+mo
ID:5024A Mgmt:Alliance Residential Co
Availability: 1×1, 2×2 [2/10]
409 Travis St, Houston, TX 77002
Call 713-504-5425 for more information, availability and specials. Map#:493L
1Bed:$1,650-3,860 2Bed:$3,850-7,975 3Bed:$10,450
Special:3 mo free prorated over 6mo w/13+mo
ID:4989A Mgmt:Greystar
707 Saulnier St, Houston, TX 77019
Call 713-504-5425 for more information, availability and specials. Map#:493P
1Bed:$1,426-1,972 2Bed:$1,996-2,592
Special:1mo upfront, 1mo prorated w/12mo
ID:4966A Mgmt:Alliance Residential Co
Availability: 1×1, 2×2 [2/24]
Brand NEW Skyline View Community Schedule Private viewing!
1414 Wood Hollow Dr, Houston, TX 77057
Call 713-504-5425 for more information, availability and specials. Map#:490R
1Bed:$2,495-3,495 2Bed:$3,295-5,495 3Bed:$4,795-5,295
Special: 2wks free upfront & 2wks prorated w/12mo
ID:5027A Mgmt:Greystar
1973 W Gray, Ste 4, Houston, TX 77019
Call 713-504-5425 for more information, availability and specials. Map#:493P
1Bed:$1,695-1,825 2Bed:$2,050-2,175
Special:1mo free w/12mo
ID:4932A Mgmt:Pace Realty Corp
2525 City West Blvd, Houston, TX 77042
Call 713-504-5425 for more information, availability and specials. Map#:489U
1Bed:$1,235-1,787 2Bed:$1,872-2,530 3Bed:$2,957-3,480
Special:6 weeks prorated w/12+mo
ID:4982A Mgmt:Z R S Management
350 N Wesley Dr, League City, TX 77573
Call 713-504-5425 for more information, availability and specials. Map#:658L
1Bed:$938-1,285 2Bed:$1,395-1,795
Special:1mo free w/12+mo
ID:5088A Mgmt:Greystar
8700 S Main, Houston, TX 77025
Call 713-504-5425 for more information, availability and specials. Map#:532Q
1Bed:$1,300-1,400 2Bed:$1,800-2,000
Special:2 mo free prorated w/12mo
ID:4965A Mgmt:C A F Mgmt
The Star High Rise is One of downtown Houston’s most iconic buildings, the historic Texaco Headquarters Building is being restored and converted to upscale apartments. This property should be ready by mid summer 2016 for move-ins.
A rooftop amenity deck atop the new parking structure will offer residents the social and recreational opportunities most requested in new urban living. All four sides of the property capitalize on the city’s established pedestrian or light rail transportation systems, and will tie into the Houston Tunnel system, an interconnected series of air-conditioned underground walkways, restaurants and shops spanning six miles.
The architect on the project is Hnedak Bobo Group or HBG.
If you would like a brochure with details, pricing, specials and move dates please request below.
The Catalyst Houston is being built now. It will be located downtown and is scheduled to be complete by Spring 2017. According to Ziegler Cooper, Architect, it will be a 28-story 361 unit apartment tower. It will be a full city block on the neartheast side of Houston’s Central Business District. It will include over 6800 sq. ft. of retail and restaurant space. The property will have both high rise and lowe rise units. It’s only a block from Houston’s light rail. Many luxurious amenties will be available on different floors to the tenants. Level 9 will have a fitness and yoga studio. Level 7 will include a dog park and pet friendly amenities.
The game lawn will include a beach volleyball court and fire pit. Level 7 will include a dog park and pet friendly amenities. The Sky Club on the 26th floor features a Club Kitchen with spectacular views of downtown Houston. An exclusive Ballpark Club room on level 28 includes an exterior terrace for residents living on the Penthouse and Summit levels to enjoy watching the Astros baseball game.
Rental prices will range from $2.70 to $2.80 per square foot for apartments ranging in size from approximately 600 to 1,800 square feet.
For more details and leasing information as it becomes available fill out the form below.