Lookout Hollow
16505 Lookout Hollow Cir,
Selma, TX 78154
1-3 Beds | $1,060 - $1,735
Rental Market Trends in Selma, TX
Updated July 2026
The average rent in Selma, TX is $1,104/month.
Rent in Selma is 34% lower than the national average rent of $1,662/month, making this one of the less expensive cities statewide.
$1,104/month
Average Rent
733 Sq Ft
Average Size
-7.1%
Change / Year
364
Available Apartments
Selma rent varies by unit size and layout:
- Studio apartments in Selma average $950 per month.
- One-bedroom apartments in Selma average $1,104 per month.
- Two-bedroom apartments in Selma average $1,410 per month.
- Three-bedroom apartments in Selma average $1,744 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Selma, TX?
In the past year, rent has decreased by 7.1%, which averages out to $78 less per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Selma, TX
July 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
100%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Selma, TX?
Because the average rent in Selma is $1,104, you’ll want to make about $3,680 per month or $44,160 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 Selma, TX compare to other nearby cities and neighborhoods?
Use the tool below to compare Selma, 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.
View the Selma Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Selma?
The average rent in Selma is $1,104 per month, which is 33.6% lower than the national average of $1,662.
What is the average rent for a house in Selma?
The average rent for a house in Selma, TX is $1,892 per month.
Are rents going up or down in Selma?
Rents in Selma, TX are decreasing, with prices down 7.1% year-over-year and $78 less per month.
What rent range is most common in Selma?
In Selma, TX, 100% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
Methodology
† 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.
* Percentages may not total 100 due to rounding.