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ARE
YOU RELOCATING TO HOUSTON?
Keep reading to find out more about
LIFE IN HOUSTON, TEXAS
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Here to
download the entire 25-page document outlining Houston's history,
economy, school, airport, licensing, and tax information,
and much, much more.
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Houston's
Rental Market
Renting
an apartment may be a temporary plan for those who want to take
more time to explore the city for where to purchase a home. Others
may decide renting suits their financial and lifestyle needs.
Whatever
the reasons, future residents have plenty of options when it comes
to renting an apartment in Houston.
APARTMENT
STOP LOCATORS will help you in these areas:
> Finding what you need in an apartment;
> Organizing your top priorities in an apartment (ie: location,
price, size, amenities);
> Providing information in relation to schools, churches, shopping
centers, etc. in the areas of interest to you;
> How many bedrooms, bath, and living areas you want;
> Determine the length of lease: 1 month, 3 months, 6 months,
1 year
At
APARTMENT STOP LOCATORS, our professional licensed real estate
agents will assist you with more than 2,600 apartment complexes
throughout the Greater Houston area, taking the anxiety out of the
relocation process. This service is provided at NO CHARGE
to you. We are real estate agents and, in Texas, the property owners
pay a referral fee for the units shown and eventually rented.
RENTING / LEASING CONSIDERATIONS
Future residents still can discover an excellent renter's market
in Houston. The region is known as an affordable place to rent and
offers an increasingly quality product. Apartment homes that meet
every lifestyle consideration are available for rates which often
amaze and delight newcomers.
In
the 1980's, Houston was overbuilt in terms of apartments creating
a soft market. While occupancy rates have risen dramatically over
the past few years, few residents still can get a good deal on a
nice apartment in comparison to other cities.
HOUSTON RENT IS THE LOWEST IN THE COUNTRY.
According to Apartment Data Services, Inc. as of Nov. 2004:
| Atlanta,
GA $690 |
Austin,
TX $662 |
| Boston,
Ma $1,531 |
Charlotte,
NC $641 |
| Chicago,
IL $950 |
Dallas/
Fort Worth $674 |
| Denver,
CO $717 |
Houston,
TX $621 |
| Jacksonville,
FL $736 |
Los
Angeles, CA $1.152 |
| Las
Vegas, NV $722 |
Miami,
Fl $950 |
| Nashville,
TN $637 |
Orlando,
Fl. $702 |
| Phoenix,
AZ $634 |
Raleigh-Durham
$660 |
| Salt
Lake City, UT $650 |
San
Antonio, TX $635 |
| San
Diego, Ca $1,106 |
San
Francisco, Ca $1,562 |
| Seattle,
WA $817 |
Tampa,
FL $734 |
APARTMENT MARKET
Currently, the Houston area has more than 474,000 individual apartment
units in more than 2,600 complexes. Generally, rates are determined
by location, square footage, and amenities. An efficiency apartment
in a quality complex starts at about $450 a month while two bedrooms
start at about $700 a month.
Rents
have increased as occupancy has risen. A great demand exists for
apartments in the more upscale complexes and in areas inside Loop
610 (Inner Loop). Due to our ever growing community, the local apartment
market is renovating complexes throughout the city. Apartment communities
are updating and rebuilding complex facades, gutting and redesigning
apartment interiors, adding new appliances and amenities, adding
washer and dryer connections, installing computer work areas, and
developing fitness and recreational facilities.
Rental
rates in recently renovated complexes average about 15 to 25 cents
per square foot more than in the older complexes. Several new apartment
complexes have been built since 1991. Many of these are extremely
tenant service oriented and incomparable.
Apartment
average prices below are opinions of Apartment Stop. These are only
the average price for that area, not the lowest or highest prices.
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AREA
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SIZE
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APARTMENT
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Inside
610 Loop
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Efficiency
1 - Bedroom
2 - Bedroom
3 - Bedroom
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400
to 550
590 to 750
800 to 1050
1090 to 1900
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Galleria
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Efficiency
1 - Bedroom
2 - Bedroom
3 - Bedroom
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450
to 505
550 to 750
615 to 1020
980 to 1600
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Southwest
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Efficiency
1 - Bedroom
2 - Bedroom
3 - Bedroom
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400
to 550
550 to 665
550 to 915
930 to 1275
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Northwest
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Efficiency
1 - Bedroom
2 - Bedroom
3 - Bedroom
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450
to 575
450 to 670
500 to 850
975 to 1275
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Northeast
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Efficiency
1 - Bedroom
2 - Bedroom
3 - Bedroom
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400
to 500
425 to 550
410 to 550
825 to 1075
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FM
1960
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Efficiency
1 - Bedroom
2 - Bedroom
3 - Bedroom
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500
to 575
550 to 700
750 to 900
850 to 1450
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Clear
Lake
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Efficiency
1 - Bedroom
2 - Bedroom
3 - Bedroom
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455
to 500
560 to 785
605 to 980
935 to 1150
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Southeast
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Efficiency
1 - Bedroom
2 - Bedroom
3 - Bedroom
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410
to 525
525 to 675
600 to 750
815 to 975
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APARTMENT
COMMUNITIES
Most apartments in the area are walk up apartment communities
rather than building with interior hallways. Apartment
communities are generally characterized by balconies
and patios, central courtyards, swimming pools, attractive
landscaping, clubhouses, and laundry facilities.
APARTMENT AMENITIES
Apartment Stop would like to tell you what may be considered
luxury amenities in many cities are standard fare in
Houston apartments. Many complexes in the inner city
as well as in the suburban areas offer fireplaces, ceiling
fans, microwave ovens, washer / dryer connections, computer
stations ready for internet connection, dishwashers,
covered parking, and on site recreational facilities.
WASHERS / DRYERS
If you own your own washer and dryer, it is important
to assure the apartment complexes in which you are interested
in provide washer / dryer connections. Often, only the
larger apartments within a complex will feature these
connections. If the apartment you choose already has
a washer and dryer provides, some complex4es will pull
their appliances. Most apartment complexes are prepared
for tenants who do not own their own washer and dryer.
They are available to residents at laundry room facilities
or can be rented for about $1.00 per day.
WINDOW COVERINGS
All apartments in the region have window coverings on
the windows, mainly mini-blinds, and occasionally shades
or curtains. You should always check with your manager
or the management company if you want to change or add
to the window coverings provided.
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SECURITY
This is a topic the apartment leasing agents will not discuss with
you. The apartments have been sued by tenants claiming the apartments
are responsible for their safety. So because of this, apartment
personnel can not say much on this topic. Of course, apartment management
companies are interested in providing safe, secure environments
for their residents. Often, apartment communities in Houston employ
security guards to provide security for the properties 24 hours
a day. Additionally, many apartment communities are fenced and "gated"
communities in which residents and their guests are required to
register at the gate before they are permitted to enter the complex.
Or, residents are given remote control gate openers to use when
entering the complex in their cars.
Newer
apartment complexes feature a "buzzer" or keypad entrance
allowing visitors to call residents for entry into the complex.
As an added service, some complexes offer monitored security systems
for every apartment unit. Such services usually cost extra. If the
complex you choose does not offer it, you can always add it for
a nominal fee. Smoke detectors and alarms are required by law in
all apartment units in Texas. It is your responsibility to test
them monthly and report any failures immediately.
SWIMMING POOLS / SPAS / FITNESS FACILITIES
Most apartment complexes in the region offer one or more swimming
pools for use by tenants. While a few apartment complex swimming
pools are heated and open for use year-round, most are available
for use from April through September. All swimming pools have set
rules and you swim at your own risk without lifeguards. Many complexes
maintain hot tubs and Jacuzzi spas for the enjoyment of residents.
Many
newer apartment complexes (less than 15 years old) maintain fitness
centers. Some complexes offer jogging tracks or trails as well as
aerobics and fitness classes.
Hundreds
of complexes in the region offer tennis courts for their tenants.
Often, complexes with tennis courts will offer tennis lessons and
organize tennis leagues.
SOCIAL FUNCTIONS
Many apartment communities employ "social directors" who
establish and direct social functions for residents. Such functions
may include happy hours and parties, as well as festivals and day
or weekend outings.
CABLE / TELEPHONE SERVICES
It is important for a prospective tenant to inquire about cable
television and telephone connections available within an apartment.
Occasionally, basic cable television is included in the monthly
rental fee. Some complexes offer full-service cable television to
the tenants.
In
conjunction with our local Southwestern Bell phone company, many
of the apartments can arrange for the connection of phone service.
Apartment management companies have also begun offering discounted
long-distance telephone service to their tenants. This is a relatively
new service.
RENOVATIONS / CARPET / WALLPAPER
Larger apartment complexes allow residents the opportunity to "customize"
or decorate their apartments to suit their tastes and colors. From
one tenant to the next, individual units are painted, cleaned, and
repaired. Some complexes allow residents to choose wallpaper and
carpeting colors. Some communities allow you to repaint, renovate,
and customize the unit. Please consult with management before you
undertake and endeavors.
PET DEPOSITS / POLICIES
Be sure to let your agent at APARTMENT STOP know if you have a pet.
Many apartment communities have strict policies regarding pets.
All complexes which allow pets required additional deposits and
some of the deposit is refunded when the lease is terminated. Pets
are not allowed to roam an apartment community and must be with
their owner at all times. Often, residents with dogs and cats will
be required to pay for flea and tick extermination and prevention
in their individual apartment unit. A few of the properties will
charge a minimal pet rent per month. Never ignore pet policies on
a property; fines for violations are high and you can be evicted
for those violations.
RENTAL APPLICATIONS
Most apartment complexes and management companies require that prospective
residents submit an application for approval. While tenants cannot
be denied on the basis of race, color, sex, religion, familial status,
or emotional or physical handicap, they can be denied for other
reasons. Typically, applications involve a credit check, your reputation
as a renter, income, length of employment, and criminal background
check. You will need to be prepared to provide the names and addresses
of previous residences, the name and address of your employer, and
pertinent credit information. $30 to $45 will not be returned if
your application is turned down.
SECURITY
DEPOSITS
Most apartment complexes require a security deposit that ranges
from $100 to $400. Leases range from six months to one year. Month-to-month
leases are available but usually command an additional monthly up-charge.
TENANTS' RIGHTS
Renters should always sign a lease on any apartment they intend
to rent. Renters' rights have been a top priority of the Texas Legislature.
Laws are notably fair and equitable, protecting both the resident
and the owner. If a resident fulfills the terms of his / her lease,
an owner must refund the security deposit. The resident must receive
a refund or written explanation of the damage deposit within 30
days after move-out if a forwarding address is given.
If
the owner does not comply, the resident can sue for three times
the amount illegally held, plus attorney's fees and court costs.
Residents begin by filling a complaint with the Houston Apartment
Association's Resident Relations Department. There is no charge
for this service. Texas has several other laws designed to protect
residents. Apartment owners are required to provide residents with
smoke detectors and furnish a keyless dead bolt, a lock, and a peep
hole on every door and a lock on every window. The federal Fair
Housing Act requires that all apartment complexes are open to families
with children. Area school districts cater to apartment residents,
and in some areas, public school bus stops are just steps away.
Many of the city's apartment complexes are on or near METRO bus
routes.
RENTER'S INSURANCE
APARTMENT STOP LOCATORS would always recommend you get renter's
insurance. Renter's insurance is not required in Texas, but it is
a very good idea. Renter's insurance policies can be purchased from
homeowners and car insurance companies. Often, an apartment management
company can provide information about the variety and types of coverage
available.
Most
rental insurance policies cover either the replacement or actual
value of a renter's possessions in the event of a fire, flood, or
theft. Usually a deductible must be met if a claim needs to be filed.
The price of the policy is usually a percentage of the value of
the possessions being insured.
SIGNING A LEASE
Future residents will be expected to sign a lease on any property
they rent. Many apartment complexes use standard leases endorsed
by the Texas Apartment Association (TAA) and the Houston Apartment
Association. Most apartment complexes and management companies will
require prospective residents to submit an application for approval.
While you cannot be denied on the basis of race, color, or sex,
you can be denied for other reasons.
ACCORDING TO THE TEXAS APARTMENT ASSOCIATION, RENTERS SHOULD
READ LEASES FOR THE FOLLOWING INFORMATION:
> Check to see how much advance notice you must give before moving
(Thirty days written notice is standard when rent is paid monthly.);
> Look for security deposit refund restrictions;
> Look for you apartment owner's obligation to make needed repairs
(A requirement for "reasonable promptness" is common.);
> Be sure to read the cleanup requirements (Cleaning cost usually
can be deducted from your security deposit if you fail to follow
instructions.);
> Check on prohibitions against subletting or keeping pets (Written
permission usually is required.);
> Ask the manager to write in and initial any oral agreements
or changes in the lease to which you and the manager agree;
> If you have legal questions, you should contact a lawyer or
the Houston Apartment Association. A Real Estate agent can only
give an opinion, they are not lawyers.
AFTER
YOU SIGN YOU SHOULD:
> Keep a copy signed by you and the apartment manager. The lease
is the most important set of rules to follow if you have a disagreement.
> Make a checklist of conditions of the apartment and furniture
when you move in. Sign it, have the manager sign it, and keep a
dated copy. This will be your best defense in any dispute over deductions
for repairs when you move out.
> Keep your rent payment current as required by your lease. Withholding
rent is not a solution in Texas since doing so could make you subject
to eviction and liability for payment of the remaining rent regardless
if you are living there.
MAINTENANCE
AND REPAIR
Apartment complexes usually employ on-site maintenance people to
handle maintenance problems. However, a renter should not make inalterable
changes to a property without the landlord's written consent. Just
call maintenance.
BREAKING A LEASE
If you must move before the lease expires, you should notify the
manager and offer to help find a new resident. Normally, the tenant
is liable for the rent even if he or she has quit school, changed
jobs, lost a roommate, or found another house.
Sometimes,
this can be worked out if a replacement is found. Some apartment
complexes will require you to forfeit the security deposit and charge
you a reletting fee of 85% of one month's rent. If there is a probability
you may have to break a lease, please be sure to know before you
sign a lease what their policies are.
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