What is the median rent in Pelican Bay, TX?
The median gross rent in Pelican Bay, TX is $1,403 (±$149) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 325 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Pelican Bay, the median gross rent went from $861 in 2015–2019 to $1,403 in 2020–2024 (+63.0%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median gross rent
- $1,403 (±$149)
- Rented homes
- 325 (±85)
- $2,000 or more
- 25.2%
- Since 2015–2019
- +63.0%
How much rent costs in Pelican Bay
| Monthly gross rent | Pelican Bay | Tarrant County | Texas | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±14.2 points) | 2.0% | 3.9% | 6.3% |
| $500 to $999 | 5.2% (±5.8 points) | 8.5% | 17.4% | 20.2% |
| $1,000 to $1,499 | 57.8% (±20.9 points) | 36.6% | 35.4% | 28.1% |
| $1,500 to $1,999 | 11.7% (±11.4 points) | 30.6% | 25.2% | 21.1% |
| $2,000 to $2,499 | 25.2% (±22.9 points) | 14.9% | 11.1% | 12.0% |
| $2,500 to $2,999 | 0.0% (±14.2 points) | 4.5% | 4.0% | 5.5% |
| $3,000 or more | 0.0% (±14.2 points) | 2.9% | 2.9% | 6.8% |
The most common range is $1,000 to $1,499, paid by 57.8% of renting households.
25.2% of rented homes in Pelican Bay cost $2,000 or more a month.
Pelican Bay against Tarrant County, its state and the nation
| Pelican Bay | Tarrant County | Texas | United States | |
|---|---|---|---|---|
| Median gross rent | $1,403 (±$149) | $1,547 (±$11) | $1,403 (±$4) | $1,413 |
| Rented homes paying rent | 325 (±85) | 310,191 (±3,437) | 3,935,670 (±20,381) | 42,849,984 |
In Pelican Bay, median gross rent is not measurably different from Tarrant County ($1,547).
It is not measurably different from Texas ($1,403).
It is not measurably different from the national figure ($1,413).
In Tarrant County, Pelican Bay ranks 28 of 38 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 294 of 1,183.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Pelican Bay has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $861 (±$43) | $1,403 (±$149) | +63.0% | Up after inflation |
| Households that rent | 37.8% (±9.8 points) | 44.4% (±11.8 points) | +6.6 percentage points | Not a measurable change |
| Rental vacancy rate | 5.3% (±8.1 points) | 0.0% (±13.2 points) | −5.3 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Pelican Bay
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Pelican Bay | — | $1,403 (±$149) | — |
| Azle | 2.2 mi | $1,333 (±$128) | Not measurably different |
| Reno (Parker County) | 3.3 mi | $1,263 (±$524) | Not measurably different |
| Pecan Acres | 3.9 mi | $1,295 (±$839) | Not measurably different |
| Sanctuary | 4.0 mi | $1,152 (±$63) | Lower |
| Newark | 6.5 mi | $1,143 (±$421) | Not measurably different |
| Lakeside (Tarrant County) | 7.4 mi | $1,708 (±$227) | Higher |
| Briar | 7.4 mi | $1,234 (±$533) | Not measurably different |
| Lake Worth | 9.2 mi | $1,508 (±$440) | Not measurably different |
Nearby places with a measurably lower figure: Sanctuary, TX ($1,152).
Nearby places with a measurably higher figure: Lakeside (Tarrant County), TX ($1,708).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Tarrant County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 22 | Lake Worth | $1,508 (±$440) |
| 23 | Bedford | $1,502 (±$60) |
| 24 | Richland Hills | $1,492 (±$177) |
| 25 | Arlington | $1,470 (±$19) |
| 26 | Pantego | $1,440 (±$138) |
| 27 | Haltom City | $1,415 (±$71) |
| 28 | Pelican Bay | $1,403 (±$149) |
| 29 | Hurst | $1,358 (±$55) |
| 30 | Rendon | $1,354 (±$829) |
| 31 | Azle | $1,333 (±$128) |
| 32 | Pecan Acres | $1,295 (±$839) |
| 33 | White Settlement | $1,253 (±$80) |
| 34 | Briar | $1,234 (±$533) |
Showing 13 of 38 places in Tarrant County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Pelican Bay
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Pelican Bay, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Pelican Bay beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Pelican Bay, and send estimates and invoices from your phone.
Questions about Pelican Bay
What is the average rent in Pelican Bay, TX?
The Census Bureau publishes the median rather than the average: the median gross rent in Pelican Bay is $1,403 (±$149) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Pelican Bay?
In Pelican Bay, the median gross rent went from $861 in 2015–2019 to $1,403 in 2020–2024 (+63.0%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
How many rentals in Pelican Bay cost more than $2,000 a month?
25.2% of rented homes in Pelican Bay have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Pelican Bay higher than in Tarrant County?
In Pelican Bay, median gross rent is not measurably different from Tarrant County ($1,547).
It is not measurably different from Texas ($1,403).
It is not measurably different from the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Pelican Bay city, Texas
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Pelican Bay city, Texas
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Pelican Bay city, Texas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Pelican Bay city, Texas (place:56640, in state:48).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Pelican Bay at a glance
- Rent by bedrooms in Pelican Bay
- Renters and owners in Pelican Bay
- Income and affordability in Pelican Bay
- Home values in Pelican Bay
- Homeowner costs in Pelican Bay
- Property taxes in Pelican Bay
- Types of homes in Pelican Bay
- Bedrooms in Pelican Bay
- Heating fuel in Pelican Bay
- Commute and cars in Pelican Bay
- Crime reported to police in Pelican Bay
- Population growth in Pelican Bay
- How long people stay in Pelican Bay
- Texas landlord and tenant rules
- Housing across Tarrant County
- Texas places ranked by median rent
- Housing data for every place in Texas