Reserves at 700
901 E FM 700,
Big Spring, TX 79720
1-3 Beds | $995 - 3,310
Rental Market Trends in Big Spring, TX
What is the average rent in Big Spring, TX?
$931/month
Average Rent
729 Sq Ft
Average Apartment Size
-22.7%
Decrease in the Last Year
As of December 2024, the average rent in Big Spring, TX is $931 per month. This is 40% lower than the national average rent of $1,559/month, making renting in Big Spring more affordable than most cities in the US. When you rent an apartment in Big Spring, you can expect to pay about per month for a studio, $931 for a one-bedroom apartment, and around $1,160 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,567 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Big Spring, TX?
In the past year, rent has decreased by 22.7%, which averages out to $211 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Big Spring, TX
Last Updated December 2024
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
50%
$700 - $1,000/month
40%
$1,001 - $1,500/month
10%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Big Spring?
Based on current rent prices, Panhandle Area is the most affordable neighborhood in Big Spring.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Big Spring?
Based on current rent prices, Panhandle Area is the most expensive neighborhood in Big Spring.
Neighborhood
Average Rent
Average Sq Ft
Which Big Spring neighborhoods have the most rentals available?
The neighborhood in Big Spring with the most apartments available is Panhandle Area .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Big Spring, TX?
Because the average rent in Big Spring is $931, you’ll want to make about $3,103 per month or $37,236 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Big Spring, TX compare to other nearby cities and neighborhoods?
Use the tool below to compare Big Spring, TX to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$694/month
$694/month
One Bedroom
$745/month
$745/month
Two Bedroom
$876/month
$876/month
Three Bedroom
$1,130/month
$1,130/month
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.