Medical Center / Balcones Heights, TX
June 2026
78213,78229,78240
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $813 – $881 | -0.30% | -13.01% |
| 2-Bedroom | $1,127 – $1,221 | -0.49% | -7.81% |
| 3-Bedroom | $1,491 – $1,647 | -4.31% | -5.20% |
| 4-Bedroom | $2,395 – $2,518 | 1.11% | -0.10% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $918 – $975 | 0.04% | -10.86% |
| 2-Bedroom | $1,213 – $1,267 | 4.54% | -5.73% |
| 3-Bedroom | $1,594 – $1,710 | -0.43% | -7.30% |
| 4-Bedroom | $2,469 – $2,621 | 1.50% | 0.02% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,304 – $1,371 | -5.77% | -7.49% |
| 2-Bedroom | $1,399 – $1,485 | 1.44% | -14.22% |
| 3-Bedroom | $1,677 – $1,853 | -0.91% | -1.29% |
| 4-Bedroom | $1,954 – $2,147 | 1.48% | -4.97% |
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.