San Marcos Rent Up But Continues To Lag Behind In Region
The Zumper Austin Metro Area Report analyzed active listings in August 2020 across 8 metro cities to show the most and least expensive cities and cities with the fastest-growing rents.
The Texas one-bedroom median rent was $954 last month.
The Most Expensive
Austin was the most expensive city with one-bedrooms priced at $1,280.
Georgetown rent grew 2.6% to $1,180 and ranked as the second priciest.
Cedar Park dropped a spot to become third with rent at $1,170.
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The Least Expensive
San Marcos ranked as the most affordable city with one-bedrooms priced at $930.
Round Rock was second with rent at $1,050.
Pflugerville saw rent grow 0.9% to $1,070 and rank as the third least expensive.
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The Fastest Growing (Y/Y%)
Georgetown had the fastest-growing rent, up 7.3% since this time last year.
Kyle saw rent climb 6.9%, making it second.
Cedar Park was third with rent increasing 6.4%.
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The Fastest Growing (M/M%)
San Marcos rent had the largest monthly growth rate, jumping 4.5%.
Georgetown ranked as second, with rent up 2.6%.
Round Rock was third with rent climbing 1.0%.
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The Zumper Austin Metro Area Report analyzed active listings that hit the market last month. Listings are aggregated by the city to calculate the median asking rents.
