Medical Center / Balcones Heights, TX
August 2026
78213,78229,78240
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $872 – $945 | -2.63% | -12.61% |
| 2-Bedroom | $1,099 – $1,190 | -7.42% | -12.55% |
| 3-Bedroom | $1,527 – $1,688 | -0.84% | -5.42% |
| 4-Bedroom | $2,414 – $2,538 | 0.31% | -1.08% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $871 – $925 | -1.70% | -16.11% |
| 2-Bedroom | $1,130 – $1,224 | -2.38% | -11.90% |
| 3-Bedroom | $1,674 – $1,813 | 4.08% | -0.67% |
| 4-Bedroom | $2,493 – $2,647 | 0.43% | -0.37% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,302 – $1,369 | -2.10% | -9.28% |
| 2-Bedroom | $1,359 – $1,472 | 2.00% | -15.61% |
| 3-Bedroom | $1,634 – $1,806 | -1.74% | -3.42% |
| 4-Bedroom | $2,058 – $2,229 | 8.55% | -1.48% |
In the Medical Center / Balcones Heights (78213, 78229, 78240) rental market, 1-bedroom apartments saw median rent drop to $909, reflecting a 12.61% year-over-year decrease and a 2.63% decline month-over-month. This marks 1BR apartments as the weakest segment for annual growth, with pricing pressure outpacing contraction across other property types and bedroom counts in the area.
Detached homes in Medical Center / Balcones Heights (78213, 78229, 78240) showed pronounced momentum, as 4-bedroom single-family rents surged 8.55% month-over-month to $2,143. Compared with the modest 0.31% MoM gain in 4-bedroom apartments at $2,476, this gap highlights significant demand shifts favoring larger, detached properties.
Holding nearly steady, Medical Center / Balcones Heights (78213, 78229, 78240) rental trends indicate that 4-bedroom condo/townhome units decreased a modest 0.37% year-over-year, landing at $2,570. This small movement stands in contrast to the steep YoY drops seen in lower bedroom counts, pointing to relative price stability in larger attached units.