A tiny village south of Houston is getting a massive single-family rental community

A small village in Brazoria County is about to get a big injection of new single-family...

As more renters pass on purchasing homes, that will drive even more demand for single-family rentals, something not missed on companies like Wan Bridge who are part of an ongoing trend of new build-to-rent communities. Last year there were a record 6,740 new build-to-rent single-family homes constructed nationally – and another roughly 14,000 are underway this year, according to RentCafe.

Plans for Pradera Oaks include detached single family homes ranging in size from 1,700 to 1,800 square feet. Rents range from $2,195 to $2,475 per a month. That compares to the average price of a single-family rental in the greater Houston area of $2,239, an 11 percent jump from last year, according to HAR data.

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