Houston’s single-family rental homes saw an 6.8% increase in leased properties compared to last February, according to the Houston Association of Realtors’ February Rental Market Update released March 18.

By the numbers

Alongside the higher number of leased single-family homes, the average lease price declined by 0.6% compared to last year. The number of days on market for homes, however, increased, jumping to 50 days compared to 44 days last year, per the report.

The townhome and condominium market saw some movement this past month as well. There were 569 properties listed, representing a 4.2% increase from the 546 units last February. The lease price also dropped by 3.6%, and the days on market increased to 56 days, up from 52 the previous February, per the report.