{
  "schema_version": "1.0",
  "submarket": {
    "slug": "grand-lakes-tx",
    "name": "Grand Lakes",
    "state": "TX",
    "city": "KATY",
    "cbsa": "Houston-Pasadena-The Woodlands",
    "zip_codes": [
      "77450",
      "77494"
    ]
  },
  "report": {
    "yearmonth": "202609",
    "month_label": "September 2026",
    "first_published_at": "2026-11-04T03:05:52.277Z",
    "last_updated_at": "2026-11-04T03:05:58.154Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1372,
        "low": 1317,
        "high": 1427,
        "mom_pct": 0.36817378497790887,
        "yoy_pct": 2.289425625920471
      },
      "2br": {
        "median": 1773,
        "low": 1685,
        "high": 1862,
        "mom_pct": -1.698595041322314,
        "yoy_pct": -0.1597520661157028
      },
      "3br": {
        "median": 2355,
        "low": 2237,
        "high": 2472,
        "mom_pct": 1.5905882352941174,
        "yoy_pct": 1.9848739495798318
      },
      "4br": {
        "median": 2930,
        "low": 2842,
        "high": 3018,
        "mom_pct": -0.4685714285714286,
        "yoy_pct": 0.4385714285714285
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1374,
        "low": 1353,
        "high": 1394,
        "mom_pct": 0.7892307692307692,
        "yoy_pct": -1.5138461538461538
      },
      "2br": {
        "median": 1751,
        "low": 1707,
        "high": 1795,
        "mom_pct": -1.115,
        "yoy_pct": -0.20055555555555554
      },
      "3br": {
        "median": 2437,
        "low": 2359,
        "high": 2515,
        "mom_pct": 2.9575,
        "yoy_pct": 4.3575
      },
      "4br": {
        "median": 3008,
        "low": 2918,
        "high": 3098,
        "mom_pct": 2.11,
        "yoy_pct": 1.4528571428571428
      }
    },
    "single_family": {
      "1br": {
        "median": 1467,
        "low": 1445,
        "high": 1489,
        "mom_pct": -4.098571428571428,
        "yoy_pct": 1.1442857142857146
      },
      "2br": {
        "median": 1941,
        "low": 1892,
        "high": 1989,
        "mom_pct": 0.13,
        "yoy_pct": 2.29
      },
      "3br": {
        "median": 2181,
        "low": 2094,
        "high": 2269,
        "mom_pct": -3.2794186046511626,
        "yoy_pct": -0.9771511627906975
      },
      "4br": {
        "median": 2577,
        "low": 2461,
        "high": 2693,
        "mom_pct": -2.797167381974249,
        "yoy_pct": -0.86206008583691
      }
    }
  },
  "vacancy": 3.71895,
  "days_on_market": {
    "apartment": 36,
    "condo_townhome": 35,
    "single_family": 27
  },
  "ai_summary": [
    {
      "headline": "3BR condos climb 2.96% MoM",
      "body": "In the Grand Lakes (77450, 77494) rental market, in the Houston metro area, 3BR condos/townhomes rose 2.96% month over month to $2,437 in September 2026, posting the fastest short-term increase among condo segments while also gaining 4.36% year over year, indicating pronounced upward pressure on larger attached product compared with smaller units and several detached configurations in the same area."
    },
    {
      "headline": "1BR single-family sees 4.10% drop",
      "body": "Across single-family rentals, 1BR homes fell 4.10% month over month to $1,467, even as they were up 1.14% year over year, while 1BR apartments were $1,372 with a 0.37% monthly gain in Grand Lakes (77450, 77494). This contrast between detached and apartment product suggests some price-sensitive tenants may favor smaller apartment options over comparable single-family homes."
    },
    {
      "headline": "4BR condos rise, apartments edge down",
      "body": "Among larger units, 4BR apartments at $2,930 declined 0.47% month over month, while 4BR condos/townhomes at $3,008 increased 2.11% month over month and 1.45% year over year, outpacing 4BR single-family homes at $2,577, which fell 2.80% monthly. These figures show Grand Lakes (77450, 77494) rental trends currently favor comparatively higher pricing power for attached 4BR product."
    }
  ],
  "summary": {
    "canonical": [
      "As of September 2026, rental prices in Grand Lakes (77450, 77494), in the Houston metro area, range from $1,372 to $3,008 per month depending on property type and bedroom count.",
      "The largest year-over-year change in Grand Lakes, Texas is in 3BR Condo/Townhome units, where median rent increased 4.36% to $2,437 per month.",
      "For 3BR homes in Grand Lakes, Texas as of September 2026, Condo/Townhome units have a higher median rent at $2,437 compared to Apartments at $2,355 and Single-Family homes at $2,181 per month."
    ],
    "qa": [
      {
        "question": "What is the typical rent range in Grand Lakes, TX as of September 2026?",
        "answer": "As of September 2026, rental prices in Grand Lakes, Texas (ZIP codes 77450 and 77494) range from $1,372 per month for 1BR Apartments up to $3,008 per month for 4BR Condo/Townhome units."
      },
      {
        "question": "Which rental segment has the strongest year-over-year growth in Grand Lakes, TX, and is that strength broad or concentrated?",
        "answer": "In Grand Lakes, Texas, the strongest year-over-year growth as of September 2026 is in 3BR Condo/Townhome units, where median rent rose 4.36% to $2,437 per month. Other Condo/Townhome bedrooms show smaller movements, with 1BR changing -1.51% to $1,374, 2BR changing -0.20% to $1,751, and 4BR increasing 1.45% to $3,008, so the main gain is concentrated in the 3BR segment."
      },
      {
        "question": "How much more do condos and townhomes cost than apartments for the same bedroom count in Grand Lakes, TX?",
        "answer": "As of September 2026 in Grand Lakes, Texas, Condo/Townhome rents are very close to Apartment rents: for 1BR units, condos are $1,374 versus $1,372 for apartments; for 2BR, condos are $1,751 versus $1,773 for apartments; for 3BR, condos are $2,437 versus $2,355; and for 4BR, condos are $3,008 versus $2,930. This means the premium gap ranges from $2 more for 1BR up to $78 more for 4BR Condo/Townhome units compared with Apartments, while 2BR condos are $22 less than 2BR apartments."
      },
      {
        "question": "Which Grand Lakes, TX rental segment has the biggest annual rent decline, and is that drop widespread or focused on one type?",
        "answer": "The largest year-over-year rent decline in Grand Lakes, Texas as of September 2026 is in 1BR Condo/Townhome units, where median rent changed -1.51% to $1,374 per month. Within the Condo/Townhome category, 2BR also slipped by -0.20% to $1,751, while 3BR and 4BR increased 4.36% and 1.45% respectively, so the decline is focused on the 1BR and 2BR segments rather than broad across all bedrooms."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202609",
      "month_label": "September 2026",
      "rents": {
        "apartment": {
          "1br": 1372,
          "2br": 1773,
          "3br": 2355,
          "4br": 2930
        },
        "condo_townhome": {
          "1br": 1374,
          "2br": 1751,
          "3br": 2437,
          "4br": 3008
        },
        "single_family": {
          "1br": 1467,
          "2br": 1941,
          "3br": 2181,
          "4br": 2577
        }
      }
    },
    {
      "yearmonth": "202608",
      "month_label": "August 2026",
      "rents": {
        "apartment": {
          "1br": 1408,
          "2br": 1883,
          "3br": 2350,
          "4br": 2946
        },
        "condo_townhome": {
          "1br": 1367,
          "2br": 1780,
          "3br": 2373,
          "4br": 2938
        },
        "single_family": {
          "1br": 1531,
          "2br": 1933,
          "3br": 2258,
          "4br": 2662
        }
      }
    },
    {
      "yearmonth": "202607",
      "month_label": "July 2026",
      "rents": {
        "apartment": {
          "1br": 1420,
          "2br": 1854,
          "3br": 2226,
          "4br": 2855
        },
        "condo_townhome": {
          "1br": 1368,
          "2br": 1808,
          "3br": 2290,
          "4br": 2907
        },
        "single_family": {
          "1br": 1533,
          "2br": 1964,
          "3br": 2340,
          "4br": 2705
        }
      }
    },
    {
      "yearmonth": "202606",
      "month_label": "June 2026",
      "rents": {
        "apartment": {
          "1br": 1319,
          "2br": 1760,
          "3br": 2274,
          "4br": 2842
        },
        "condo_townhome": {
          "1br": 1349,
          "2br": 1724,
          "3br": 2276,
          "4br": 2896
        },
        "single_family": {
          "1br": 1497,
          "2br": 1922,
          "3br": 2289,
          "4br": 2656
        }
      }
    },
    {
      "yearmonth": "202605",
      "month_label": "May 2026",
      "rents": {
        "apartment": {
          "1br": 1312,
          "2br": 1735,
          "3br": 2219,
          "4br": 2779
        },
        "condo_townhome": {
          "1br": 1358,
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          "3br": 2287,
          "4br": 2899
        },
        "single_family": {
          "1br": 1469,
          "2br": 1863,
          "3br": 2254,
          "4br": 2651
        }
      }
    },
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1281,
          "2br": 1684,
          "3br": 2233,
          "4br": 2767
        },
        "condo_townhome": {
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          "3br": 2202,
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        },
        "single_family": {
          "1br": 1445,
          "2br": 1877,
          "3br": 2235,
          "4br": 2585
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1358,
          "2br": 1698,
          "3br": 2215,
          "4br": 2728
        },
        "condo_townhome": {
          "1br": 1368,
          "2br": 1706,
          "3br": 2281,
          "4br": 2876
        },
        "single_family": {
          "1br": 1429,
          "2br": 1853,
          "3br": 2143,
          "4br": 2567
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1361,
          "2br": 1703,
          "3br": 2169,
          "4br": 2732
        },
        "condo_townhome": {
          "1br": 1342,
          "2br": 1723,
          "3br": 2322,
          "4br": 2834
        },
        "single_family": {
          "1br": 1426,
          "2br": 1848,
          "3br": 2193,
          "4br": 2591
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1345,
          "2br": 1697,
          "3br": 2182,
          "4br": 2808
        },
        "condo_townhome": {
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          "4br": 2885
        },
        "single_family": {
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          "2br": 1855,
          "3br": 2148,
          "4br": 2578
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1356,
          "2br": 1686,
          "3br": 2241,
          "4br": 2864
        },
        "condo_townhome": {
          "1br": 1377,
          "2br": 1720,
          "3br": 2293,
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        },
        "single_family": {
          "1br": 1426,
          "2br": 1865,
          "3br": 2166,
          "4br": 2570
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1355,
          "2br": 1731,
          "3br": 2289,
          "4br": 2890
        },
        "condo_townhome": {
          "1br": 1386,
          "2br": 1728,
          "3br": 2311,
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        },
        "single_family": {
          "1br": 1437,
          "2br": 1854,
          "3br": 2172,
          "4br": 2563
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1351,
          "2br": 1726,
          "3br": 2312,
          "4br": 2940
        },
        "condo_townhome": {
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          "3br": 2330,
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        },
        "single_family": {
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          "2br": 1889,
          "3br": 2193,
          "4br": 2557
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/grand-lakes-tx/",
    "self": "https://data.estaite.com/feeds/grand-lakes-tx.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}