There are 169 rentals advertised on the Central Texas MLS (CTXMLS) when I wrote this article, with a median asking rent of just $925/mo. Most homes rent for more than that, though. In 2017, the median rent in the Fort Hood area (Bell, Coryell and Lampasas Counties) was $1100 for single family homes, $800 for duplex units, and $555 for fourplex units.
Most Expensive Homes For Rent
The median rental listed on the CTXMLS rented in 36 days.
Instead, they rent their nice, new home. The downside of having military landlords, though, is that they are often stationed back in Fort Hood. I often see tenants getting kicked out when the homeowner comes back to town and wants to move back into their home.
Most rentals do not show up on the Realtor MLS. A growing handful of property managers put their rental listings on the MLS. Most do not, publishing their available rentals just to portals like Zillow or Rentals.com. The property managers who do put their listings on the MLS often will have agents show the rentals instead of giving out keys to would-be-tenants.
If you are a local homeowner and considering renting out your Fort Hood home, learn more about what to expect, first.
If moving to the area, definitely check out buying a home as well. Many folks are surprised to find out how easy and affordable it is to buy in our market. You can get a lot for your dollar in the Fort Hood area, and it is currently a great buyers’ market. Also, be sure to read more about the pros and cons of renting vs. buying.