Medical Center / Balcones Heights, TX
April 2026
78213,78229,78240
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $813 – $880 | 2.58% | -14.33% |
| 2-Bedroom | $1,122 – $1,215 | 2.50% | -8.85% |
| 3-Bedroom | $1,571 – $1,737 | 2.14% | -0.30% |
| 4-Bedroom | $2,361 – $2,482 | 0.28% | 0.78% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $865 – $918 | -9.11% | -16.16% |
| 2-Bedroom | $1,107 – $1,175 | -4.23% | -14.89% |
| 3-Bedroom | $1,582 – $1,687 | -1.29% | -5.27% |
| 4-Bedroom | $2,421 – $2,545 | 0.48% | 1.16% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,323 – $1,382 | -6.12% | -3.37% |
| 2-Bedroom | $1,440 – $1,514 | -10.03% | -8.83% |
| 3-Bedroom | $1,628 – $1,789 | -2.16% | -5.07% |
| 4-Bedroom | $1,951 – $2,080 | -3.81% | -4.28% |
In the Medical Center / Balcones Heights (78213, 78229, 78240) rental market, 1-bedroom apartments saw a 2.6% increase month-over-month to $846, yet posted a sharp 14.3% decrease year-over-year. This segment's volatility highlights a changing landscape for entry-level apartment rentals across Medical Center / Balcones Heights (78213, 78229, 78240).
Among all segments in Medical Center / Balcones Heights (78213, 78229, 78240), 4-bedroom condo/townhomes led with a median rent of $2,483 in April, surpassing 4-bedroom apartments by $62 and showing a 0.48% month-over-month increase. These units offer the premium price point in the larger rental category.
Rental activity for 2-bedroom single-family homes reflects significant contraction, as Medical Center / Balcones Heights (78213, 78229, 78240) rental trends reveal a 10.0% month-over-month drop to $1,477, alongside an 8.8% decrease year-over-year. This is the largest monthly decline among all tracked segments.