Hanover Rice Village
2455 Dunstan Rd,
Houston, TX 77005
$2,116 - $5,653 Total Monthly Price
1-3 Beds
Area Guide
Known for being home to Rice University, University Place is one of Houston’s best neighborhoods to live in. Along with housing several art spaces like The Museum of Fine Arts-Houston, University Place has excellent schools, restaurants, coffee shops, bars, and stores. This pedestrian-friendly locale neighbors the Texas Medical Center (a hub for multiple medical facilities and schools) and Hermann Park, a sprawling park that’s home to Miller Outdoor Theatre, the Houston Zoo, and more. University Place is also convenient to the University of Houston and Texas Southern University. If you’re looking for some great food or a lively bar, University Place is just two miles south of Montrose, one of the city’s trendiest enclaves for dining, nightlife, and culture. Attracting even more residents, University Place is only five miles away from Downtown Houston. There is something for every renter here with rentals available for every budget and style, including everything from large houses to luxury high-rise apartments.
As of August 2026, the average apartment rent in University Place is $1,564 for a studio, $2,046 for one bedroom, $4,169 for two bedrooms, and $12,483 for three bedrooms. Apartment rent in University Place has decreased by -0.6% in the past year.
Studio
486 sq ft
Average Sq Ft
$1,564/month
Average Rent
1 BR
810 sq ft
Average Sq Ft
$2,046/month
Average Rent
2 BR
1,408 sq ft
Average Sq Ft
$4,169/month
Average Rent
3 BR
2,882 sq ft
Average Sq Ft
$12,483/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly University Place - Houston, TX is for everyday living.
Very Walkable
Walkability
Good Public Transit
Transit
Moderately Drivable
Drivability
Exceptionally Bikeable
Bikeability
In University Place - Houston, TX, daily errands are quick and hassle-free.
Supermarket Within a 20 Minute Walk
Groceries
Exceptional Restaurant Variety Nearby
Restaurants
Great Café Variety Nearby
Cafes
Great Variety of Shops Nearby
Shopping
University Place - Houston, TX provides green space and wellness resources in certain areas.
Very Large Amount of Park Space Nearby
Parks
Fair Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in University Place - Houston, TX from everyday activity to noise and nightlife.
Vibrant Atmosphere at Times
Vibrancy
Great Nightlife Variety Nearby
Nightlife
Somewhat Noisy
Quiet Score
Niche User
11 years and 1 months ago•Niche Review
This area is much better than my previous home in St. Louis. The local economy is very good, as are local schools and overall society. I feel Houston ranks very well compared to most cities across America; I definitely wish to stay here.
† 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 June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.