Bayou on the Bend
5201 Memorial Dr,
Houston, TX 77007
$1,314 - $4,407 Total Monthly Price
1-3 Beds
Rice Military is one of Houston’s most sought-after neighborhoods for its prime location just five minutes from Downtown, as well as its wide variety of both affordable and luxurious townhomes, condos, and apartments. The neighborhood is best known for housing the iconic Beer Can House, a dwelling completely covered in flattened beer cans.
Draped in lush greenery, Rice Military is revered for its great access to outdoor recreation. This historic neighborhood offers direct access to the Buffalo Bayou Bike Trail, along with walkable access to the sprawling, 1,500-acre Memorial Park.
In addition to its abundant opportunities for outdoor activities, Rice Military boasts a thriving arts scene and convenience to an array of eclectic eateries, shops, and bars strewn along Washington Avenue. Close proximity to Downtown Houston and multiple major interstates and freeways affords many Rice Military residents simple commutes and travels.
As of February 2026, the average apartment rent in Rice Military is $1,288 for a studio, $1,772 for one bedroom, $2,351 for two bedrooms, and $2,902 for three bedrooms. Apartment rent in Rice Military has decreased by -1.3% in the past year.
Studio
651 sq ft
Average Sq Ft
$1,288/month
Average Rent
1 BR
801 sq ft
Average Sq Ft
$1,772/month
Average Rent
2 BR
1,238 sq ft
Average Sq Ft
$2,351/month
Average Rent
3 BR
1,634 sq ft
Average Sq Ft
$2,902/month
Average Rent
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
3,469
Communities
954,345
Units
891
Cities
717
Communities
198,129
Units
342
Cities
636
Communities
126,358
Units
249
Cities
630
Communities
173,613
Units
246
Cities
554
Communities
123,334
Units
219
Cities
460
Communities
109,218
Units
232
Cities
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
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.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.