A5p
1 Bedroom • 1 Bath • 800 Sq Ft
Starting at $1,442/mo
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The Exchange
$1,442 – $1,832/mo
- 1–2 bedrooms
- 1–2 baths
- 800–1,166 sq ft
- 12 units available
- Pet friendly
As of October 14, 2026, The Exchange in Houston, TX has 12 apartments for rent from $1,442 to $1,832/mo. One-bedrooms start at $1,442 and two-bedrooms at $1,643. The average asking rent has held near $1,690 since June 13, 2026.
Floor plans
The Exchange has 12 units available across 4 floor plans: 2 one-bedroom layouts (800–925 sq ft) and 2 two-bedroom layouts (1,093–1,166 sq ft). Prices checked October 14, 2026.
A7D
1 Bedroom • 1 Bath • 925 Sq Ft
Starting at $1,689/mo
B1
2 Bedrooms • 2 Baths • 1,093 Sq Ft
Starting at $1,643/mo
See all 60 units listed at The Exchange, including ones no longer available.
Cost to rent here
At The Exchange, a one-bedroom starts at about $1,672 a month all-in: $1,442 rent and an estimated $230 for electric, gas, water, internet, and renters insurance. A two-bedroom starts at about $1,937.
All-in from$1,672/mo
Estimates are local averages, not quotes from the property.
Can you afford it?
Most landlords ask for a monthly income of about 3× the rent, so qualifying at The Exchange takes about $51,912 a year for a one-bedroom and $59,148 for a two-bedroom. Keeping the $1,672 all-in month for a one-bedroom within 35% of take-home pay takes an income of about $69,000 a year.
Total monthly housing cost
$1,672/mo
Income to afford it comfortably
$69,000/yr
Income to qualify
$51,912/yr
Your estimated budget
$ —/mo
See what you can afford here
Add your income and debts for a rent budget at this building.
Rent history
Over the past year, the average asking rent at The Exchange has ranged from $1,502 to $1,744. The current average is $1,690, up $7 (0.4%) from $1,684 at the start.
Prices reflect the average advertised rent across units listed as available each day (121 days observed).
Fees & lease terms
At The Exchange, leases run 12 months.
Rent
$1,442 – $1,832/moLease term
12 monthsEarliest move-in
Jan 7
Amenities
The Exchange is pet friendly and has garage or covered parking and in-unit washers and dryers. It lists 25 amenities, including fitness center, pool courtyard with outdoor kitchen, and package concierge.
Back-Lit Framed Mirror
Balconies
Carrara Countertops
Charcoal Grey Flat Panel Cabinets
Club Lounge + Kitchen
Conference Room
Contemporary Pendant Lighting
Dog Park
Fitness Center
Indoor Bike Room
Light Grey Flat Panel Cabinets
Luxury Pet Wash
Neutral Plush Carpeting In Bedrooms And Closets
Package Concierge
Pool Courtyard With Outdoor Kitchen
Private Resident Parking Garage
Sky Lounge With Outdoor Terrace
Slate Tile Shower Surround
Stainless Steel Appliances
Storage Available
Walnut Luxury Vinyl Plank Flooring
Washer And Dryer In Each Apartment
White Oak Luxury Vinyl Plank Flooring
White Tile Backsplash
Wi-Fi In All Gathering Spaces
Location
Houston, TX
Resident reviews
The Exchange has a 3.9 out of 5 rating from more than 200 resident reviews. Residents rate management (4.0) and location (4.0) highest and building quality (2.3) lowest.
3.9 · 200+ reviews
Overall rating
Positive
Mixed
Neutral
Negative
Management4.0
Location4.0
Building Quality2.3
Amenities and Shared Spaces2.4
Maintenance2.8
Overall100 reviews
The Exchange receives predominantly positive feedback (77% positive ratings) with residents and prospective tenants consistently praising the leasing office staff, modern amenities, and location. However, a significant minority report serious concerns including pest infestations, vehicle security issues (break-ins and towing), maintenance delays, noise from neighbors, and inconsistent emergency response. While many residents renew leases and appreciate the community atmosphere, recurring complaints about property upkeep, parking enforcement, and management responsiveness indicate operational challenges that detract from the overall experience.
Office and leasing staff receive consistent praise for professionalism, responsiveness, and helpfulness during the application and move-in process. However, management responsiveness to ongoing resident concerns—including maintenance delays, noise complaints, security issues, and policy enforcement—is frequently cited as inconsistent or inadequate. Communication about repair timelines and status updates is a recurring gap, and some residents report feeling dismissed when raising facility or safety concerns.
The property benefits from a prime downtown location with modern units and appealing views that residents appreciate. However, parking logistics present significant concerns, including limited guest parking, frequent vehicle break-ins, and towing issues. Maintenance responsiveness varies, with some residents reporting quick service while others experienced extended delays during HVAC failures. Common area maintenance and security presence are inconsistent.
Residents report significant ongoing issues with elevator reliability, with multiple reports of extended outages lasting weeks or months that impact daily living. Noise insulation is a major concern, with several residents describing paper-thin walls and floors that transmit neighbor noise, footsteps, and sound from adjacent units. Building cleanliness and upkeep vary, with hallways and common areas occasionally showing neglect including trash and pet waste, though individual apartments are generally maintained. Maintenance response times for HVAC and other repairs can be lengthy due to parts procurement delays.
Amenities at this property include a gym, pool, and social event spaces, with generally positive upkeep of interior facilities. However, residents report significant concerns with common-area maintenance, including trash and pet waste in hallways and parking areas, elevator outages lasting days to weeks, and package theft from the package room. Additional issues include undisclosed fees for lounge reservations, inconsistent staff availability, and delayed HVAC repairs due to parts procurement delays.
Maintenance staff are generally responsive and friendly, but the property experiences significant delays in repair completion, particularly for HVAC issues, often due to parts procurement timelines. Communication about repair status is inconsistent, and residents report having to follow up for updates. Response times to emergency requests and phone inquiries are unreliable, with some residents experiencing extended waits or no callback.
Getting around
The Exchange is somewhat walkable and somewhat bikeable, and transit is limited.
- Walking
- Somewhat walkable
- Grade D+
- Transit
- Limited
- Grade D
- Biking
- Somewhat bikeable
- Grade D
Climate and air quality
Air quality near The Exchange was good on 105 of the past 365 days, and at its worst in August (average AQI 66, moderate). Daily highs averaged 96°F in August, the warmest month, and lows averaged 46°F in January, the coldest.
Air quality
105 good-air days
of the past 365: Good, AQI 50
Temperature
96° / 46°
average August high / January low: 88° high, 77° low
Pollen
Moderate
Oct 14–18 forecastTree: low, grass: moderate, weed: low
| Month | Average high | Average low | Average AQI | Good-air days |
|---|---|---|---|---|
| January | 64°F | 46°F | 53 (moderate) | 14 of 31 |
| February | 73°F | 54°F | 57 (moderate) | 6 of 28 |
| March | 79°F | 61°F | 50 (good) | 16 of 31 |
| April | 80°F | 67°F | 49 (good) | 16 of 30 |
| May | 83°F | 68°F | 64 (moderate) | 4 of 31 |
| June | 88°F | 76°F | 58 (moderate) | 3 of 30 |
| July | 93°F | 77°F | 65 (moderate) | 0 of 31 |
| August | 96°F | 78°F | 66 (moderate) | 1 of 31 |
| September | 92°F | 76°F | 66 (moderate) | 1 of 30 |
| October | 85°F | 68°F | 54 (moderate) | 12 of 31 |
| November | 77°F | 58°F | 48 (good) | 19 of 30 |
| December | 68°F | 51°F | 49 (good) | 13 of 31 |
About this property
The Exchange is a 300-unit multifamily community on Houston’s near north side. The development, situated in an Opportunity Zone, is part of Hardy Yards, a 43-acre master-planned community that features a music center, public parks, retail and grocery stores and restaurants, in addition to residences. The Exchange is NRP’s first workforce housing development in Houston. The unique public-private partnership with the Houston Housing Authority Public Facility Corporation that financed The Exchange reserves 50% of the homes for families earning less than 80% of the area median income. The Exchange offers one, two and three-bedroom apartment homes, with amenities including a co-working style business center, fitness center, luxury pool bike storage, 24/7 package reception space and a dog park.
Contact & management
The Exchange is managed by NRP.
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