This extreme rent increase has been happening across this entire Country, not just Texas. I thank God I'm able to buy a fixer upper priced well below its market value for business purposes. Then hopefully build a custom house further north within a few years. Knowing God words makes all the difference!!!
I would say it depends on where you want to live, what type of apartment you are looking for, etc. You can find apartments on the lower cost end, but you have to take into account what would work for you. Apartments in surrounding suburbs or small square feet, or in older buildings, etc. will be cheaper.